Car Washes - Market Size, Financial Statistics, Industry Trends
Industry Overview
This U.S. industry comprises establishments primarily engaged in cleaning, washing, and/or waxing automotive vehicles, such as passenger cars, trucks, and vans, and trailers. Illustrative Examples: Automotive detail shops Mobile car and truck washes Car washes Self-service car washesSource: U.S. Census Bureau
Car Washes Market Size
This report includes historical and forecasted market sizes and industry trends for Car Washes. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Car Washes industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Car Washes industry.
Geographic Breakdown by U.S. State
Car Washes market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Car Washes companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Car Washes |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Car Washes company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Products and Services Mix
Product lines and services in the Car Washes industry accounting for the largest revenue sources.| Product Description | Description | Revenue ($ Millions) |
|---|---|---|
| Industry total | Included |
|
| 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 Surveys
Salary information for employees working in the Car Washes industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 2% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Sales and Related Occupations | 6% | |||
| Installation, Maintenance, and Repair Occupations | 11% | |||
| Vehicle and Mobile Equipment Mechanics, Installers, and Repairers | 9% | |||
| Automotive Technicians and Repairers | 8% | |||
| Automotive Service Technicians and Mechanics | 7% | |||
| Transportation and Material Moving Occupations | 76% | |||
| Supervisors of Transportation and Material Moving Workers | 6% | |||
| First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors | 6% | |||
| First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors | 6% | |||
| Other Transportation Workers | 16% | |||
| Automotive and Watercraft Service Attendants | 15% | |||
| Automotive and Watercraft Service Attendants | 15% | |||
| Material Moving Workers | 53% | |||
| Laborers and Material Movers, Hand | 53% | |||
| Cleaners of Vehicles and Equipment | 53% | |||
Government Contracts
The federal government spent an annual total of $1,811,090 on the Car Washes industry. It has awarded 161 contracts to 29 companies, with an average value of $62,451 per company.Top Companies in Car Washes and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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