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Hey I've been considering selling my 6 Bay Self Serve Car Wash in Arkansas because i'm pretty far away from it and can't be there all the time. It's in a small-ish town and grosses around 4500-5000 each month throughout they year. It's been updated as of 2024 with new coin boxes all new systems...
I know every situation is unique, but brokers I speak to tell me that current EBITDA multiples of a value of business and real estate on an express model are not trading for higher than an 8x. They say this is in response to current interest rates and increased competition. However, other...