Croydon Car Wash

Croydon Car Wash — Automotive · Croydon · Asking $110,000 · Revenue $520,000

Hand car wash in Croydon, trading 5 days a week (currently under offer) Closed Saturday and Sunday Low rent of $400 per week on a secure lease High profit with excellent setup and potential to grow

DealProspect/Listings/Automotive

Croydon Car Wash

Car Wash

ActiveAutomotiveVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$110,000

Disclosed · AUD

Revenue

$520,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

• Hand car wash in Croydon, trading 5 days a week (currently under offer) • Closed Saturday and Sunday • Low rent of $400 per week on a secure lease • High profit with excellent setup and potential to grow

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How it compares

Car washes in Victoria · asking prices

61% below bigger car washes here

Bigger car washes here ask a median 0.54× revenue. On its $520,000 revenue, that points to about $283,000; reads like this are typically within 30%, so $198,000 to $368,000. It asks $110,000.

Asking price: $110,00056% below the median of $249,950
Revenue: $520,000median is $520,000
Revenue multiple: 0.21×0.49× across the market; 0.54× for bigger ones, 0.45× for smaller
Time listed: 116 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 · $110K

44%

31%

13%

Under $100K$1M–$2.5M

Australia 20

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