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BIZBITE

Coin-Op Car Wash

Quarters add up faster than you think

Bottom line

Strong cash-flow candidate with manageable operations.

Coin-operated car washes are open-air bays with pressure wash equipment that customers operate themselves. They are among the simplest car wash models — no tunnel, no conveyor, no employees. Modern versions accept credit cards and mobile payments alongside traditional coins.

72
Acquisition score
Excellent

Avg Revenue

$120K

Profit Margin

47%

Acquisition Multiple

2x - 3x

Startup Cost

$80K - $200K

How It Works

Customers insert coins or swipe a card to activate a timer on a pressure washer with selectable settings (soap, rinse, wax). Each bay operates independently. You maintain equipment, restock soap/chemical, and collect revenue. Vacuum islands add additional income per visit.

Revenue Range

Low End
$60K
Typical
$120K
High End
$250K

BizBite underwriting snapshot

Worth underwriting

Coin-Op Car Wash maps to the Car Wash model. The category can work for acquisition buyers, but the right answer depends on source freshness, verified economics, and the specific red flags below.

70
Strong / 100
Data confidence
medium
72/100
Financing fit
strong

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

Why it may work

  • +Attractive 47% estimated margin profile
  • +Category usually has strong acquisition-financing fit
  • +SBA dataset shows 70 recent comparable loans
  • +5 clear operating upside levers identified

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !Capex-sensitive model

Category operating model

Car Wash

medium labor
high capex
medium owner

Revenue drivers

  • Cars washed per day
  • Average ticket per wash
  • Monthly membership penetration
  • Traffic count and ingress/egress quality
  • Upsells such as wax, detailing, vacuums, and fleet accounts

Key risks

  • Equipment failures can be expensive and immediate
  • Weather and seasonality distort trailing results
  • Environmental or drainage issues can become hidden liabilities
  • Competition can pressure volume and membership churn

What you need to believe

  • The site has durable traffic and convenient access.
  • Equipment condition supports the asking multiple.
  • Membership economics are real and not masking churn.
  • Near-term capex will not consume the buyer return.

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 811192 · Car Washes

Deals tracked
269
70 in last 24 mo
Median loan
$1.2M
$579K–$2.6M p25/p75
Implied deal size
$1.4M
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
13
$150K–500K
42
$500K–1M
62
$1M–2M
64
>$2M
88

Deal Flow Over Time

12-month momentum
-40.9%
deal volume vs prior 12 mo
Median loan Δ
-51.2%
26 recent · 44 prior

Financing Profile

Median rate
9.00%
16% fixed · last 24 mo
Median term
300 mo
real-estate heavy
Collateralized
0%
of loans secured
Median jobs
6
supported per deal
Top lenders in this space
Celtic Bank Corporation23
Metro City Bank18
The Huntington National Bank14
Open Bank11
Hanmi Bank11
Where deals happen
TX34
CA33
GA21
FL17
MI15
CO15
AZ11
OH10
IN10
MO10

Recent Comparable Deals

ClosedStateLoanImplied deal
Mar 2026MD$2.7M$3.1M
Mar 2026MA$558K$657K
Mar 2026MI$312K$367K
Mar 2026MD$1.8M$2.2M
Feb 2026TX$2.7M$3.2M
Jan 2026TX$1.6M$1.9M
Jan 2026TX$1.0M$1.2M
Jan 2026CA$480K$565K
Dec 2025PA$1.4M$1.7M
Nov 2025OR$850K$1.0M
Volume rank #27/544Deal-size rank #101/544Momentum rank #302p90 loan: $4.3MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Nearly zero labor — truly passive income
  • +Simple mechanical systems are easy to maintain
  • +Lower acquisition cost than automatic washes
  • +Card payment upgrades increase average ticket

Cons

  • -Revenue ceiling is lower than automatic tunnels
  • -Exposure to vandalism and equipment abuse
  • -Seasonal weather dependency in many markets

Best For

Passive income seekers with a modest budget

Operating Costs

Water, sewer, chemicals, and electricity are the primary costs — no labor needed beyond periodic maintenance visits by the owner.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$1K/mo
after debt service
Deal price — $480K
Range: $180K (2×) to $480K (3×+)
Down payment — 15% ($72K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.00%
SBA median for this category: 9.0%
Loan term — 25 years (300 mo)
SBA median for this category: 300 months
Down payment
$72K
15% equity injection
Loan amount
$408K
85% SBA-financed
Monthly payment
$3K/mo
$619K total interest
Monthly profit
$5K/mo
at 47% margin
Monthly cash flow after debt service
+$1K/mo
Down payment paid back in ~57 months

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell

Search for coin-operated car wash businesses for sale

BizQuest

Find affordable coin-op car wash opportunities

72/100Excellent

Acquisition Score

Profit margin
30/30
Entry multiple
25/25
Market depth
9/20
Risk (charge-off)
8/15
Deal momentum
0/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
physical
Difficulty
2/5
Buy price
$240K$360K

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