Hand Car Wash - Springvale

Hand Car Wash - Springvale — Automotive · Springvale, Melbourne · Asking $180,000 · Revenue $312,000

Hand car wash in Springvale, suited to an owner-operator No competition within the centre Low rent with room to expand demand from nearby car dealers Undercover location using rainwater for washing

DealProspect/Listings/Automotive

Hand Car Wash - Springvale

Car Wash

ActiveAutomotiveVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$180,000

Disclosed · AUD

Revenue

$312,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

Hand car wash in Springvale, suited to an owner-operator
No competition within the centre
Low rent with room to expand demand from nearby car dealers
Undercover location using rainwater for washing

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How it compares

Car washes in Victoria · asking prices

In line with smaller car washes here

Smaller car washes here ask a median 0.45× revenue. On its $312,000 revenue, that points to about $140,000; reads like this are typically within 30%, so $98,000 to $182,000. It asks $180,000, inside that range.

Asking price: $180,00028% below the median of $249,950
Revenue: $312,000median is $520,000
Revenue multiple: 0.58×0.49× 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 · $180K

44%

31%

13%

Under $100K$1M–$2.5M

Australia 20

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