Hand Car Wash - Forest Hill

Hand Car Wash - Forest Hill — Automotive · Forest Hill, Melbourne · Asking $300,000 · Revenue $832,000

Hand car wash located in Forest Hill Trades 7 days a week Ample free customer parking Low overheads on a secure lease Easy to manage with growth potential

DealProspect/Listings/Automotive

Hand Car Wash - Forest Hill

Car Wash

ActiveAutomotiveVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$300,000

Disclosed · AUD

Revenue

$832,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Hand car wash located in Forest Hill
Trades 7 days a week
Ample free customer parking
Low overheads on a secure lease
Easy to manage with growth potential

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How it compares

Car washes in Victoria · asking prices

34% below bigger car washes here

Bigger car washes here ask a median 0.54× revenue. On its $832,000 revenue, that points to about $453,000; reads like this are typically within 30%, so $317,000 to $589,000. It asks $300,000.

Asking price: $300,00020% above the median of $249,950
Revenue: $832,0003rd biggest of 15
Revenue multiple: 0.36×0.49× 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 · $300K

44%

31%

13%

Under $100K$1M–$2.5M

Australia 20

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