Hand Car Wash, Melbourne

Hand Car Wash, Melbourne — Automotive · Melbourne, Victoria · Asking $1,300,000 · Revenue $1,950,000

A popular hand car wash in Melbourne, open seven days and currently under management, with rent inclusive of outgoings and plenty of customer parking. Described by the broker as a strong, improving performer.

DealProspect/Listings/Automotive

Hand Car Wash, Melbourne

Car Wash

ActiveAutomotiveVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$1,300,000

Disclosed · AUD

Revenue

$1,950,000

TTM

Earnings (est.)

Implied multiple (assumed)

Brief

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How long it has been for sale

How it compares

Car washes in Victoria · asking prices

In line with bigger car washes here

Bigger car washes here ask a median 0.54× revenue. On its $1,950,000 revenue, that points to about $1,060,000; reads like this are typically within 30%, so $742,000 to $1,380,000. It asks $1,300,000, inside that range.

Asking price: $1,300,0005.2 times the median of $249,950
Revenue: $1,950,000biggest of 15
Revenue multiple: 0.67×0.49× across the market; 0.54× for bigger ones, 0.45× for smaller
Time listed: 33 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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