Latest / The Buyer & Seller Podcast with Fexingo: Business Brokers, Exits, and Private Sales Explained
How a Car Wash Hit 22x EBITDA with Unlimited Wash Memberships
Lucas and Luna dissect the astonishing sale of a three-location car wash chain that achieved a 22x EBITDA multiple — nearly double the industry average. The secret? An unlimited monthly wash membership program that converted 68% of customers into subscribers, creating predictable revenue that buyers craved. They walk through how the owners built the program, what it took to make the math work at $29.99 a month, and why the membership model transformed a lumpy seasonal business into a cash-flow machine. They also touch on the risks: what happens when a car wash can't handle the volume…
The skinny
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