Absentee Owned Truck Wash Business for Sale in Central Iowa
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Financial Details
- Asking Price:
- $4,500,000
- Annual Revenue:
- $2,462,549
- Cash Flow / SDE:
- $678,397
- Profit Metric:
- EBITDA
- Valuation Multiple:
- 6.6x
- Location:
- IA, US
- Source:
- Date:
- October 02, 2025
Key Highlights
Absentee-owned operation with established repeat client base.
Prime location near major highway in Central Iowa, serving large vehicles and fleets.
Significant market opportunity for expansion in services and capacity.
Description
This is an absentee-owned, large-scale truck wash business located in Central Iowa, specializing in servicing heavy-duty vehicles including semi-trucks, agricultural equipment, and fleet vehicles. It boasts a loyal customer base and a strategic location near a major highway. The facility features three bays, a waste removal system, and adjustable water temperature. Established in 2008, the business comes with $213,000 in FF&E and $13,600 in inventory. The asking price is $4,500,000, with EBITDA of $678,397 and Gross Revenue of $2,462,549. The owner is retiring, and significant growth opportunities exist through service expansion and capacity increase.
Industry Information
- Industry Description:
- Automotive & Mechanical: Car Wash & Detailing
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 2008
- Employees:
- 14
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $1,500,000 USD
Assets & Inventory
- FF&E Value:
- $213,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $13,600 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Dennis Henderson CSBA
- Company:
- Benchmark Business Group
- Phone:
- 515-288-6984
Listing Details
- Listing ID:
- a7680499-8686-42e7-baa4-f960eff5f419
- Source Listing ID:
- 3021
- Deal Status:
- For Sale
- Last Updated:
- October 02, 2025
- Currency:
- USD
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