Car Wash Business, Essendon

Car Wash Business, Essendon — Automotive · Essendon, VIC · Asking $1,250,000 · Revenue $1,600,000

Car wash business in Essendon, next to a carpark Excellent, high-traffic location Fully under management, trading 7 days a week Scope for an owner-operator to improve takings further

DealProspect/Listings/Automotive

Car Wash Business, Essendon

Car Wash

ActiveAutomotiveVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,250,000

Disclosed · AUD

Revenue

$1,600,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Car wash business in Essendon, next to a carpark
Excellent, high-traffic location
Fully under management, trading 7 days a week
Scope for an owner-operator to improve takings further

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Our estimates of the figures this ad leaves out
How the asking price compares, with comparable businesses
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How long it has been for sale

How it compares

Car washes in Victoria · asking prices

44% above bigger car washes here

Bigger car washes here ask a median 0.54× revenue. On its $1,600,000 revenue, that points to about $871,000; reads like this are typically within 30%, so $610,000 to $1,130,000. It asks $1,250,000.

Asking price: $1,250,0005.0 times the median of $249,950
Revenue: $1,600,0002nd biggest of 15
Revenue multiple: 0.78×0.49× across the market; 0.54× for bigger ones, 0.45× for smaller
Time listed: 118 daysno price change

Car washes in Victoria

Car washes for sale in Victoria (17) →

Listed

+2 in 30 days

Median asking

$250K

16 priced

Median revenue

$520K

15 disclose

Earnings multiple

2×

44 listings

Asking price spread16 of 17 state a price

This listing · $1.3M

44%

31%

13%

Under $100K$1M–$2.5M

Australia 20

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