Membership car wash
Membership Car Wash in Farmingdale, NY — $999K Asking
Published June 1, 2026 · Farmingdale, NY
Illustrative score 5/10 — not a credit or investment rating
Deal snapshot
Asking price
$999,000
Revenue
$695,000
Cash flow / SDE
$207,128
Multiple
4.82×
Location
Farmingdale, NY
Real estate
—
Verdict
This membership-based car wash appears to show meaningful stated cash flow, with $207,128 of SDE on $695,000 of revenue. However, the $999,000 asking price implies roughly 4.8x stated SDE, which may be high unless the equipment, lease, membership base, and financial records are s
Deal at a glance
Top strength
Stated SDE of $207,128 suggests meaningful owner-level cash flow if verified
Biggest risk
Valuation may be difficult to justify without clean tax-return support and strong operating details
Next step
Request three years of business tax returns and interim P&L?
Best suited for
Good fit
- First-time acquisition entrepreneur
- Owner-operator
- SBA-financed buyer
Poor fit
- Passive investor
- Hands-off ownership model
Key risk flags
Asking price appears to be about 4.8x stated SDE, which may be aggressive for a small service business
Listing provides limited operating detail, including no disclosed employee count, hours, or wash format
Membership concentration, active member count, and churn are not disclosed
Equipment age, maintenance history, and near-term capital expenditure needs are unclear
Lease terms, site control, and real estate ownership are not disclosed
Seller financing and SBA eligibility details are unclear
Green flags and red flags
Green flags
- 1
Stated SDE of $207,128 suggests meaningful owner-level cash flow if verified
- 2
Stated revenue of $695,000 implies an approximately 29.8% SDE margin
- 3
Membership model may create more recurring and predictable revenue than one-time wash traffic
- 4
Business appears established based on the listing description
- 5
Could be attractive to an experienced car wash operator who understands labor, maintenance, and local competition
Red flags
- 1
Valuation may be difficult to justify without clean tax-return support and strong operating details
- 2
EBITDA is not disclosed, so buyer must understand adjustments behind SDE
- 3
Car wash economics can be materially affected by equipment repairs, chemicals, utilities, and labor
- 4
No disclosed monthly revenue trends or breakdown between memberships and one-time washes
- 5
Lease length and renewal options need to be verified with seller before assessing financeability
Questions to ask seller
- 1)
Financials
Can you provide three years of business tax returns and interim P&L?
- 2)
Financials
What percentage of revenue comes from the top five customers?
- 3)
Operations
How many hours per week does the owner work, and which tasks are owner-only?
- 4)
Diligence
Are key employees expected to stay after closing, and on what terms?
- 5)
Real estate
What equipment, vehicles, inventory, or real estate is included in the asking price?
- 6)
Diligence
What working capital should a buyer plan for at close?
Industry-specific diligence
Machine age, maintenance logs, and capex plan for replacements
Lease terms, rent escalations, and option periods
Utility bills and water usage trends (last 12 months)
Coin vs card revenue mix and reconciliation
Wash-and-fold labor and margin if applicable
Source: BizBuySell
Analysis date: June 1, 2026
Illustrative analysis only — verify with seller, broker, lender, attorney, and CPA. Not an offer to buy or sell any business.
Analyze your own deal
Run your own numbers and generate an AI Deal Analysis before making an offer.