Car Wash
Automated car washes have emerged as an attractive real estate investment
The appeal has sparked the creation of national chains along with widespread and rapid new development. In fact, by the end of 2021, the top five car wash brands each operated more than 100 locations.
The dominant approach includes automated car washes with self-serve vacuums. These businesses generate strong and steady returns driven by convenience, low labor costs and monthly membership programs.
BBG serves this growing industry with specialized valuation expertise for this unique business model. Our team’s focus in this area has helped us establish a database of more than 500 car wash valuations that includes more than 100 new-build projects. This proprietary, internal data allows our team to establish accurate going concern valuations and evaluate potential sites to determine if the location will generate income levels required for desired returns.
Specialized Expertise
- Feasibility studies
- New construction
- Going concern valuation
- SBA loans
- Database of 500+ car wash appraisals
- Completed 100+ new-build projects
We focus on providing superior communication and offering the best possible solutions to your appraisal needs.
Bundled Services
One-stop shop for valuation + assessment services.
Our Services
Valuation and Assessment Services
- Market study
- Feasibility
- Zoning reports
- Environmental studies
- Title
- Surveys
- Property condition reports
- Appraisals
- Strategic advisory
Advisory Services
- Portfolio valuation
- Organization design and governance
- Financial reporting
- Lease audits
- Tax appeal
- Monitoring
- Cost segregation
- Refinancing
