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“What’s my car wash business worth?”

There are several valuation methods which are described below. Valuing a business isn’t an exact science, the result will depend not just on the method used but also the person doing the valuation and their appetite for risk and reward.

  • Adjusted Net Asset Method
    An asset-based valuation can be fairly straightforward if your balance sheet is in order, as it largely mirrors what the balance sheet shows. First, add up the value of the business assets and subtract its liabilities to get the starting value.

  • Capitalization of Cash Flow Method
    The capitalization of cash flow (CCF) method is the simpler of the two main income-based methods that you may want to consider when valuing companies that generate income.

  • Discounted Cash Flow Method
    The discounted cash flow (DCF) method is another income-based method. It uses the business’s projected future cash flow and the time value of money to determine the current value.

Learning how to estimate the value of a company can be important for car wash owners for many reasons. Even if you’re not planning on selling your business, regularly performing a quick-and-dirty business valuation can help you track your progress over time. Taking a deeper dive into the valuation may help you uncover opportunities for growth.

Why work with WashStar?

If you’re thinking about selling your business, you likely have a lot of questions and concerns. If you decide to work with WashStar, you can be sure we’ll provide:

  • Confidentiality
    When you come to us wanting to sell your business, we understand that confidentiality is a main concern. Starting from your first phone call to our office to settlement, all information is kept completely confidential. We take this confidentiality very seriously.

  • Education
    We understand that this might be the first time selling your business so we will meet with you, fully explain the process and answer all of your questions.

  • Experience
    We have decades of experience in not only the car wash industry but also mergers and acquisitions. We prepare a comprehensive pricing analysis of your business and together we set realistic goals to help the transaction process run smoothly.

  • The Right Buyer
    At WashStar we also understand the emotional aspect of selling your business, that is why we strive to not only be the most financially qualified buyer, but also the right buyer to fit the culture of your company. We intensely work with sellers to determine if we are the right fit for their business before writing a check.
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Now what's next?

Deciding when to sell your business and who to sell it to are some of the hardest decisions you will make as an entrepreneur. Whether your motivation is retirement, restructuring a corporate group or focusing on other projects, selling your business can be a lengthy and complex process. Our team of car wash experts are available to answer any and all of your questions and ease your mind when it comes to navigating the process of selling your business. Please call us or email us whenever you need and we’ll be happy to guide you every step of the way.

Make an appointment
Fill out the form below and we will be in touch with you to schedule an appointment.
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Inspect Your Wash
Our team of experts will analyze all the details and present a fair offer for your business.
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Close the Deal
Our team will transfer the money and oversee the transition of the car wash business.

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