Car Washes Industry: Statistics, Forecasts, and Company Data

Car Washes - Market Size and Industry Forecast

The 2023 Car Washes Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2018 to 2028 reflect industry trends and growth patterns. Revenues include both public and private companies in the car washes industry.

	Historical					Forecasted
	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data.



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Car Washes - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Car Washes companies in the United States.

Distribution by Company Size

Company Size	All Industries	Car Washes
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Car Washes - 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" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
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

Car Washes - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Car Washes - Product Mix

Product Description	Description	Revenue ($ Millions)
Industry total
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

Car Washes - Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	2%
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

In the past, 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.

Car Washes and Adjacent Industries - Top Companies

Company	Address	Revenue ($ Millions)