What's your car wash worth in today's market?
Get a preliminary valuation of your wash business, the real estate under it, or your whole portfolio. You don't have to be ready to sell.
- Business value and real estate value, looked at separately and together
- Sale, sale-leaseback and hold options compared side by side
- You talk to Dane directly. Your information is never shared without your say-so.
Request a confidential valuation
Confidential. No cost and no obligation to sell. A preliminary valuation is a broker opinion of value, not an appraisal.
Three reasons owners ask for a valuation
Pick the one closest to where you are. The first conversation is the same either way: your numbers, your site, your goals.
Sell my car wash
You've had an unsolicited offer, you're planning an exit, or you want to know what a marketed process would bring. Business, real estate, or both.
Start with a valuationExplore a sale-leaseback
You own the dirt and want to keep operating. Sell the real estate to an investor, sign a long-term lease, and put the proceeds toward new sites, acquisitions or debt.
See what your real estate could unlockUnderstand my value
No plans to sell. You want a number for estate planning, a partner buyout, a refinance, or simply to know where you stand in this market.
Request a preliminary valuationA car wash is two assets. We value both.
Most owners have heard a multiple thrown around. Fewer have seen the operating business and the real estate priced on their own terms, which is where the choice between a sale, a sale-leaseback and holding gets decided.
The operating business
- Trailing twelve-month revenue and EBITDA
- Membership count, plan pricing and churn
- Annual car counts and revenue per car
- Labor, chemical and utility costs
- Equipment age and deferred maintenance
The real estate
- Supportable rent and rent coverage
- Cap rates for comparable net lease washes
- Lease term, escalations and guarantor
- Traffic counts, access and stacking
- Nearby competition and new builds
How it works
- 1
Send the basics
Your location, whether you own the real estate, and what you're exploring. Two minutes.
- 2
15-minute call
Dane asks about your numbers and what you're trying to accomplish. Under NDA if you prefer.
- 3
Preliminary valuation
A value range for the business and the real estate, with the comparable sales and assumptions behind it.
- 4
Your call
Sell, do a sale-leaseback, or hold and revisit later. There's no obligation at any step.
Currently on the market
Car wash listings Dane is marketing through Sands Investment Group. Details and current pricing are on SandsIG.com. See all listings
Dane Garson, MSRE
Senior Investment Advisor, Sands Investment Group · Los Angeles · CA Lic. #02143912
Dane works in automotive and essential retail real estate nationwide: car washes, gas stations, convenience stores and net lease properties. His practice covers investment sales, sale-leasebacks, retail repositioning and automotive M&A, helping owners and investors with liquidity, expansion and asset value. He holds a master's in real estate from Georgetown University.
Car wash market insights
Car Wash Market Intelligence: the Q3 report
Check out Dane's Q3 newsletter on LinkedIn for his read on car wash sales, cap rates and buyer activity, and subscribe to get each quarter's edition.
Read and subscribe on LinkedInBonus depreciation for carwash owners explained
How 100% bonus depreciation and cost segregation work for a wash, and why the tax benefit shouldn't drive the deal.
Read on Carwash.comThe full story on car wash bonus depreciation
Dane Garson and Tyler McGarry on steady demand, equipment-heavy tax advantages, and what rising investor interest has done to pricing.
Read on SandsIG.comQuestions owners ask first
Do I have to be ready to sell?
No. Many owners ask for a valuation years before a sale, or to weigh a sale-leaseback against holding. There's no obligation.
Will anyone know I asked?
No. Your inquiry and your financials stay confidential. Nothing goes to buyers, employees or competitors without your written approval.
I only have one wash. Is that too small?
No. Single-site express, in-bay and self-serve washes trade regularly. The buyer pool and the pricing approach differ from a multi-site portfolio, and the valuation reflects that.
What if I lease my site?
The operating business still has value. Remaining lease term, rent and renewal options become a big part of the number, so have your lease handy.
How is a sale-leaseback different from selling?
You sell only the real estate and keep the business. You become the tenant under a long-term lease and keep running the wash, while the sale proceeds go back into growth or onto your balance sheet.