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Car Wash and Auto Detailing

SIC 7542  /  NAICS 811192

The following guide provides sources for industry information and analysis including industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following resource categories or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Car Wash and Auto Detailing
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry forecast, with special focus on the underlying structure and the external forces and relationships that affect an industry. Report sections include:


HowStuffWorks
How Car Washes Work
http://auto.howstuffworks.com/car-wash.htm
Overview of car wash types, equipment, and processes. Available free online.

Modern Car Care
State of the Industry Report
http://www.moderncarcare.com/  Search for "state of the industry"
Annual report reviews trends and developments in the economy which affect the car wash industry, as well as the impact of specific trends within the car wash business. Current and prior year reports are accessible free online.

Professional Carwashing and Detailing
Business Operations
http://carwash.com/businessops.asp
Topics covered include operations and profit centers, customer service, employee management, marketing, environmental issues, insurance, safety, security, and taxes. All articles are accessible free online.

Car Washes
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


Entrepreneur Magazine Business Startup Guides
Car Wash Business / Automobile Detailing Business
http://www.smallbizbooks.com/
Startup guide provides an overview of the industry and takes users through the various aspects of starting a business and running it successfully. Detailed table of contents and excerpts from the guide are available free online.

MarketResearch.com
Industry Market Research Reports
http://www.marketresearch.com
In-depth market research reports include information on market size and market segmentation; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

BizMiner
Industry Market Analysis
Carwashes
http://www.bizminer.com  Select "SIC Drilldown - Consumer Services - 7542"
Industry statistics include market size and market share by sales class and segment, number of companies, annual sales and sales trends, sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample reports are accessible free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's,
Dun & Bradstreet, and other sources—including key business statistics, market research and analysis, business trends and forecasts, and more—for a wide variety of industries, see Industry Overview, Issues, Trends, and Outlook.




Industry Financial Information and Financial Ratios


BizMiner
Industry Financial Ratios
Carwashes
http://www.bizminer.com  Select "SIC Drilldown - Consumer Services - 7542"
Five-year comparative financial analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios. Financial statements and ratios are available by sales size range for all firms, and also in small business, sole proprietor, and business start up versions. Sample reports are accessible free online.

International Carwash Association
Cost of Doing Business Study
http://www.carwash.org
Study provides a comprehensive look at the start-up, operation, and maintenance of a conveyor, self-serve, or in-bay automatic/rollover car wash, as well as a professional detail shop. Available to members only; contact association for more information.

Cleaning Management Institute
Professional Car Care Benchmark Survey Reports
http://www.cminstitute.net/  Select "Bookstore - Professional Car Care Surveys"
Benchmark reports provide information on volume, pricing, operations, revenue, expenses, and profits for conveyorized, in-bay automatic, self-serve, and detail operations. Summary description of information included in each report is accessible free online.

More Industry Financial Analysis
For more financial analysis available from RMA Annual Statement Studies, Integra Information, and other sources—including financial statements, financial ratios, and other key performance measures—covering a wide range of industries, see Industry Financial Information and Financial Ratios.




Compensation and Salary Surveys


Bureau of Labor Statistics, U.S. Department of Labor
Occupational Employment Statistics -
Other Automotive Repair and Maintenance

http://www.bls.gov/oes/current/naics5_811190.htm
Annual survey provides wage and salary data by job position on a national basis. All data is free online.

BizMiner
Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range for all firms, and also in small business, sole proprietor, and business start up versions. Sample reports are accessible free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, Salary.com, and other sources covering a wide variety of industries, see Compensation and Salary Surveys.




Business Valuation Resources


Small Business Valuation Formula Multiples
Car Washes and Auto Detailing Services
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for car washes and auto detailing services and more than 190 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

BVMarketData
Pratt's Stats® Private Transaction Database
http://www.bvmarketdata.com/PSAdvSearch.asp
Free "Visitor Search" allows users to search over 14,500 private company sales transactions by SIC Code, NAICS Code, or business description for comparable sales data including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sales Transaction Data
For more business sales transaction data available from BIZCOMPS®, Done Deals, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.






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