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BIZBITE

Fleet Washing Service

Keeping delivery trucks and school buses spotless on contract

Bottom line

Accessible entry point; validate local supply before buying.

Fleet washing companies hold recurring contracts to clean commercial vehicles — delivery trucks, school buses, municipal fleets, and utility vehicles — at client facilities after hours. The business is invisible to consumers but deeply embedded in corporate and government operations. A single school district or logistics company can anchor $80K–$150K in annual recurring revenue.

64
Acquisition score
Strong

Avg Revenue

$350K

Profit Margin

32%

Acquisition Multiple

2x - 3x

Startup Cost

$25K - $80K

How It Works

Operators sign annual or multi-year contracts with fleet owners (trucking companies, school districts, municipalities, utilities) to wash vehicles on a set schedule — usually nightly or weekly. A crew arrives after hours with a pressure wash rig, cleaning chemicals, and water reclaim equipment. Revenue is flat-rate per vehicle or per visit. Route density is key: tight geography means faster washes, less drive time, and compounding margins.

Revenue Range

Low End
$150K
Typical
$350K
High End
$750K

BizBite underwriting snapshot

Watch / verify

Fleet Washing Service has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

44
Speculative / 100
Data confidence
medium
52/100
Financing fit
medium

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

Why it may work

  • +Attractive 32% estimated margin profile
  • +SBA dataset shows 70 recent comparable loans

Be careful

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

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

  • +Long-term government and corporate contracts provide highly predictable recurring revenue
  • +Municipal and school district clients rarely cancel — switching is painful and procurement-heavy
  • +Nightly work means crews never compete with daytime traffic or yard operations
  • +Water reclaim systems satisfy environmental compliance and open municipal contracts

Cons

  • -Winter weather in northern climates complicates scheduling and can freeze equipment
  • -Crew reliability is the #1 operational challenge — this is early-morning labor
  • -Government contract RFP cycles mean 1-2 year sales cycles for new municipal accounts

Best For

Operators with B2B sales skills who want a route business anchored by sticky institutional clients

Operating Costs

A two-person crew with a trailer-mounted wash rig can handle 40–60 vehicles per night. Primary costs are labor (50–55% of revenue), chemicals, fuel, equipment maintenance, and water reclaim disposal. At 350 managed vehicles on contract at $25/wash weekly, annual revenue hits ~$455K. Net margins of 28–35% are achievable with strong route density.

SBA Financing Estimator

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

$-653/mo
after debt service
Deal price — $1.4M
Range: $530K (2×) to $1.4M (3×+)
Down payment — 15% ($210K)
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
$210K
15% equity injection
Loan amount
$1.2M
85% SBA-financed
Monthly payment
$10K/mo
$1.8M total interest
Monthly profit
$9K/mo
at 32% margin
Monthly cash flow after debt service
$-653/mo
Margin does not cover debt service at these terms. Lower the deal price, increase the down payment, or extend the loan term.

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 – Commercial Cleaning Businesses

Search for fleet and commercial washing business listings

BizQuest – Service Businesses

Fleet service and route business acquisition opportunities

64/100Strong

Acquisition Score

Profit margin
21/30
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
service
Difficulty
2/5
Buy price
$700K$1.1M

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