Would You Pay $11M for Two Car Washes?

In this episode the hosts dissect a two‑location Virginia car wash business listed at $10.999 M with ~$940K cash flow and debate whether it’s a real estate play or a tough operating bet.Business Listing – https://www.empirebusiness.com/business-opportunity/10056/2-car-wash-locations-in-virginia-579956/Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Main Street Summit – Join 1,000+ business owners, operators, and entrepreneurs for three days of actionable content, intimate peer connections, and specialized tracks led by real-world practitioners. Bill is speaking this year, and he describes it as one of the highlights of his year. Don’t miss it—secure your spot now at https://www.mainstreetsummit.com/Capital Pad – A platform connecting accredited investors with vetted small business acquisition deals. Discover exclusive opportunities at https://capitalpad.comIn this episode of Acquisitions Anonymous, the hosts dive into a deal: two separate car‑wash locations in Virginia being sold as a package for just under $11 million. The listing reports combined revenue of $1.6 million and cash‑flow of $940K, and includes the real estate. They unpack what drives the valuation, what portion might be real estate vs operations, and whether the numbers make sense for a buyer.Key Highlights:- Asking price: ~$10.999 million for two car wash locations in Virginia; listed cash flow ~$940K.- Combined revenue ~$1.6 million; cash‑flow margin appears very strong (~59 %).- Real‐estate “kicker” likely substantial: the hosts estimate a big portion of the value may reside in land rather than operations.- Operational risks: labour management, equipment/maintenance (touchless wash, dryers), vehicle liability, subscription model sustainability.- Financing nuances: If real estate value is high enough, 25‑year term SBA financing may apply; otherwise harder loan structure.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at [email protected]

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