Five-Bay Self-Service Car Wash in Everett, WA
Financial Details
- Asking Price:
- $150,000
- Annual Revenue:
- $70,000
- Cash Flow / SDE:
- $5,000
- Profit Metric:
- Seller's Discretionary Earnings
- Valuation Multiple:
- 30.0x
- Location:
- Everett, WA, US
- Sources:
- Date:
- September 26, 2025
Key Highlights
Description
This listing presents a five-bay self-service car wash located in south Everett, Washington. The business has been in operation for 50 years, established in 1975. It is situated in a prime location just off I-5 and 128th Ave, with future development of a light rail station nearby. The sale includes the building and all equipment, though the property is leased. The lease is up for renewal in December 2026. The asking price is $150,000, with a Seller's Discretionary Earnings (SDE) of $5,000 and Gross Revenue of $70,000. The business includes $2,000 in inventory and $600,000 in FF&E, both included in the asking price. The owner is retiring and offers transition support. While the cash flow is currently low due to mechanical issues, recent repairs are expected to improve income. Opportunities for growth include equipment upgrades and credit card reader installation. The nearest competitor is 4 miles away.
Industry Information
- Industry Description:
- Automotive & Boat
- Classification:
- Automotive & Boat
Operational Snapshot
- Year Established:
- 1975
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $2,850 USD
- Lease Expiration:
- 2026
Assets & Inventory
- FF&E Value:
- $600,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $2,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Tim Chovanak
Listing Details
- Listing ID:
- 76100ddd-102b-4d8e-b555-087aa36498a8
- Source Listing ID:
- 2418178
- Deal Status:
- For Sale
- Last Updated:
- September 26, 2025
- Currency:
- USD