Prime Car Wash
The total investment to open a Prime Car Wash franchise ranges from $210,000 to $2.5M. The initial franchise fee is $50,000. Ongoing royalties are 4% plus a 3.5% advertising fee.
What is the Prime Car Wash franchise?
Prime Car Wash is a car wash business for people who want their vehicles cleaned. Its estimated total initial investment is $210,000 to $2,533,400, and the initial franchise fee is $50,000, according to the 2026 Franchise Disclosure Document.
The royalty is 4 percent of sales, and the advertising or brand fund fee is 3.5 percent. The franchise agreement lasts 10 years.
Prime Car Wash was founded in 2012 and is headquartered in Jacksonville, Florida.
Loan Activity Score
62/100
SBA Default Rate
0.0%
Active Lenders
9
According to its Franchise Disclosure Document or public business records, Prime Car Wash has 9 locations, all owned by franchisees. Public SBA loan records show 9 lenders made 13 loans to franchisees of Prime Car Wash. PeerSense calculates Prime Car Wash's score as 62 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2025 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.
Franchising since 2012 · 9 locations
$210,000 to $2.5M
$50,000
9
9 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Prime Car Wash
13
Total SBA loans
$1.4M
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Prime Car Wash
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.8% peer avg
SBA Loans
13
Total Volume
$18.1M
Active Lenders
9
1 selective
States
7
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Prime Car Wash based on SBA lending data
SBA Default Rate
0.0%
10.8% below peer avg
SBA Loan Volume
13 loans
Across 9 lenders
Lender Diversity
9 lenders
Avg 1.4 loans per lender
Investment Tier
Premium investment
$210,000 to $2,533,400 total
Prime Car Wash: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2025
5 approvals. The best year on record for Prime Car Wash.
Top SBA State
Iowa
3 SBA financed Prime Car Wash locations, the densest operator footprint.
Average Loan Size
$1.4M
Median $1.4M. Use as a sizing anchor when modeling your own Prime Car Wash unit.
Lender Concentration
53.8%
Concentrated
Share of Prime Car Wash approvals captured by the top 3 SBA lenders.
Prime Car Wash's SBA lending pipeline peaked in 2025 (5 approvals). The last five fiscal years account for 77% of cumulative volume ($14M approved). Operator density is highest in Iowa with 3 SBA financed locations. Average funded ticket sits at $1.4M, with the median at $1.4M. Lender mix is concentrated: the top three SBA lenders account for 53.8% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$2,174
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Prime Car Wash, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman