Absentee Owned Truck Wash Business for Sale in Central Iowa

View Original Listing

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

Features & Tags

Quality Verified This listing meets our quality criteria and standards. Verified