Car Washes -- Industry Forecast and Business Metrics
- Market Statistics
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Market Size – Car WashesCar Washes market size statistics reveal your industry's historic growth trends. Total Car Washes size accounts for sales from all companies, both public and private. Data and statistics are aggregated from dozens of government and census sources.
|Market Size ($ millions)||
Included in report
|Number of Firms|
|Average Revenue per Firm ($ thousands)|
|Average Employees per Firm|
Industry Forecast – Car WashesYou can't make the right business decisions without proper preparation. This Car Washes report includes a five-year market forecast. The forecasts are produced by advanced algorithms, which factor in both long-term and short-term growth trends.
|Market Size ($ millions)||
|% Growth Rate|
United States Geographic Market DistributionSeven years of market data on total revenue, number of firms, and employees for North America.
Distribution by Company SizeThe following analysis shows the market share (revenue) broken down by company size. Use this information to determine the fragmentation of the industry compared to the overall economy.
|Company Size||All Industries||Car Washes|
|Small Business (< 5 employees)||
|Small Business (5-20)|
|Midsized Business (20-100)|
|Large Business (100-500)|
|Enterprise (> 500)|
Income Statement (Industry Average)This Car Washes industry analysis includes average financial metrics for a typical company's income statement. Income statement metrics include total revenue, an operating expenses breakdown, and net profit.
|Industry Average||Percent of Sales|
|Cost of Goods Sold (COGS)|
|Earnings Before Interest and Taxes (EBIT)|
|Earnings Before Taxes|
Financial Ratio Analysis – Car WashesKey financial ratios from income statement and balance sheet statistics can be used to compare a company's performance to its competitors in the industry.
|Financial Ratio||Industry Average|
|Profit Margin - Profit margin, net profit as a percentage of revenue, is the company's profitability.|
|Return on Equity - ROE measures a company's efficiency at generating earnings from investments.|
|Return on Assets - ROA measures how well a company's assets generate revenue.|
|Current Ratio - The current or working capital ratio indicates whether or not a company can pay its debts for the year.|
|Quick Ratio - The quick or liquid ratio measures how well a company can use on-hand assets to pay off its liabilities.|
|Average Collection Period - The collection period is how long it takes a company to collect its debts.|
|Asset Turnover Ratio - Asset turnover is how efficiently a company uses its assets to generate income.|
|Receivables Turnover Ratio - Receivables turnover is how effective a company is in collecting debts.|
|Inventory Conversion Ratio - Inventory conversion is how quickly inventory is turned over in one year.|
Products and ServicesThis list of products and services is useful for targeting the most profitable investments.
|Washing & Cleaning Services For Cars & Light Trucks|
|Washing & Cleaning For Cars & Light Trucks - Auto Washing/Waxing|
|Washing & Cleaning For Cars & Light Trucks - Detailing Services|
|Washing & Cleaning For Cars & Light Trucks - Hand Washing|
|Washing & Cleaning For Cars & Light Trucks - Self-Service Washing|
|Washing & Cleaning Service For Other Road Transportation Vehicles|
|Scheduled & Preventative Maintenance For Cars & Light Trucks|
|Scheduled & Preventative Maintenance For Cars/Light Trucks - Oil Change|
|Resale Of Merchandise|
Compensation and Salary SurveysNational Car Washes employment and wage statistics reveal workforce distribution and annual salary brackets for an average company in the industry.
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
|General and Operations Managers||2%|
|Sales and Related Occupations||6%|
|Installation, Maintenance, and Repair Occupations||11%|
|Automotive Service Technicians and Mechanics||7%|
|Transportation and Material Moving Occupations||75%|
|First-Line Supervisors of Helpers, Laborers, and Material Movers, Hand||5%|
|Automotive and Watercraft Service Attendants||18%|
|Cleaners of Vehicles and Equipment||50%|