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Car Washes Industry: Statistics, Market Size, Forecast

Car Washes - Market Size and Industry Forecast

The 2021 Car Washes Industry Report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2016 to 2026 reflect industry trends and growth patterns. Revenues include both public and private companies in the car washes industry.

HistoricalForecasted
20162017201820192020202120222023202420252026
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.

Industry Revenue ($ Billions)

Industry Revenue Forecast
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022


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.

Car Washes Revenue by State

Market Size by State

Distribution by Company Size

Company SizeAll IndustriesCar 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:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent 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


Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits

Rent

Advertising

Depreciation and Amortization

Officer Compensation

Net Income


Car Washes - Financial Ratio Analysis

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

Financial RatioIndustry 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 DescriptionDescriptionRevenue
($ 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

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations2%

Chief Executives0%
General and Operations Managers2%
Sales and Related Occupations6%
Installation, Maintenance, and Repair Occupations11%
Vehicle and Mobile Equipment Mechanics, Installers, and Repairers9%
Automotive Technicians and Repairers8%
Automotive Service Technicians and Mechanics7%
Transportation and Material Moving Occupations76%
Supervisors of Transportation and Material Moving Workers6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors6%
First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors6%
Other Transportation Workers16%
Automotive and Watercraft Service Attendants15%
Automotive and Watercraft Service Attendants15%
Material Moving Workers53%
Laborers and Material Movers, Hand53%
Cleaners of Vehicles and Equipment53%

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

CompanyAddressRevenue
($ Millions)





Car Washes Industry Report
GeographyUnited States  
Publication DateOctober 2021
Report FormatPDF Download  
Price

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