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345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Physical
77
/100 score
Excellent

Coin-Op Car Wash

Quarters add up faster than you think

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.

Avg Revenue

$120K

Profit Margin

47%

Acquisition Multiple

2x - 3x

Startup Cost

$80K - $200K

Difficulty

2/5

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

Real Acquisitions in This Category

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

Deals tracked
262
63 in last 24 mo
Median loan
$1.2M
$579K–$2.6M p25/p75
Implied deal size
$1.4M
median · ~85% LTV
Charge-off rate
1.2%
of loans that finished

Deal Size Distribution

<$150K
13
$150K–500K
41
$500K–1M
61
$1M–2M
61
>$2M
86

Deal Flow Over Time

Deals per year · median loan
$1.6M
2020
37
$1.1M
2021
77
$1.1M
2022
44
$1.2M
2023
26
$1.5M
2024
34
$755K
2025
40
$743K
2026
4
12-month momentum
-56.8%
deal volume vs prior 12 mo
Median loan Δ
-60.6%
19 recent · 44 prior

Financing Profile

Median rate
9.25%
16% fixed · last 24 mo
Median term
300 mo
real-estate heavy
Collateralized
98%
of loans secured
Median jobs
6
supported per deal
Top lenders in this space
Celtic Bank Corporation22
Metro City Bank18
The Huntington National Bank13
Open Bank11
Paradise Bank10
Where deals happen
CA32
TX31
GA21
FL17
CO15
MI14
AZ11
OH10
MO10
IN10

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Dec 2025PA$1.4M$1.7M1
Dec 2025KS$454K$534K5
Nov 2025OR$850K$1.0M
Nov 2025KS$635K$747K2
Sep 2025IL$534K$628K7
Sep 2025CO$240K$282K
Aug 2025MD$3.2M$3.8M6
Aug 2025AZ$723K$851K5
Aug 2025MO$113K$133K4
Aug 2025PA$75K$88K1
Volume rank #27/534Deal-size rank #98/534Momentum rank #276p90 loan: $4.3MData as of Dec 2025

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 — 9.25%
SBA median for this category: 9.3%
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
$640K total interest
Monthly profit
$5K/mo
at 47% margin
Monthly cash flow after debt service
+$1K/mo
Down payment paid back in ~60 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

77/100Excellent

Acquisition Score

Profit margin
30/30
Entry multiple
25/25
Market depth
8/20
Risk (charge-off)
13/15
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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