Pittsburgh, PA
Auto Repair and Service Shops For Sale
Industry Info
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Paul Vincent
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With a background in closing millions of dollars worth of deals as legal counsel, we see a different approach from traditional brokerage arrangements, one where everyone’s interests are more aligned. Here's what sets us apart: 1. We’re not exclusive. If you bring a buyer from your network or within your organization, we don’t deserve the commission. It’s only fair since it’s come from your hard work. 2. No long-term commitments. We request 120 days to secure a deal. If we don't get your deal under contract, then you have the right to cut us loose. 3. We help get lawyers involved so the deal gets done, and we help offset some of your fees. Our fee agreement takes into account the size of the deal and recognizes no one wants to pay an exorbitant additional fee on top of ours. With our relationships and background we can help get the deal done with pros who focus on the finish line. If you or someone you know would like to see if we’re a good fit, reach out and we can connect.
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Location Matters Inc is a reputable restaurant brokerage firm with a focus on the food and beverage industry. As experts in the field, we specialize in helping restaurant owners, buyers, and investors navigate the complex process of buying, selling, or leasing restaurant properties. With a wealth of experience in the restaurant industry and an extensive network of clients and contacts, Location Matters Inc is committed to delivering top-notch brokerage services. Our goal is to foster successful deals and long-term relationships, ensuring that each transaction is a win-win for all parties involved. Whether you are a restaurant owner looking to sell or lease your property, an entrepreneur seeking the perfect location for your restaurant concept, or an investor interested in the food and beverage industry, Location Matters Inc is your reliable partner to navigate the dynamic restaurant marketplace. Visit our website or contact us directly to explore how we can assist you in achieving your restaurant business goals.
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Buy or Sell an Auto Repair and Service Shop
Auto repair and service shops listed for sale on BizBuySell include a wide range of automotive service businesses, including general auto repair garages, specialty shops (brakes, exhaust, alignment, smog testing, and diagnostics), auto body and collision repair centers, tire and lube shops, mobile detailing and repair services, and franchised automotive service brands, with some listings including owned real estate, equipment, or established fleet accounts. These businesses typically operate on a service based, transactional model, generating revenue through per repair labor charges, parts sales, inspections, and recurring maintenance visits, with additional stability coming from commercial or fleet contracts and repeat local customers.
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 886 | 114,580 |
| Asking Price | $549,000 | - |
| Reported Revenue | $900,000 | $1,146,039 |
| Reported Seller's Discretionary Earnings | $190,500 | $126,064 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $292,375 | $549,000 | $1,150,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Auto Repair and Service Shops for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $500,000 | $120,000 |
| Median | $900,000 | $190,500 |
| Upper Quartile | $1,451,000 | $305,673 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Auto Repair and Service Shops listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.44 | 2.08 |
| Median | 0.64 | 2.85 |
| Upper Quartile | 1.03 | 3.90 |
FAQ's
How much does it cost to buy an Auto Repair and Service Shop?
The median asking price for an established Auto Repair and Service Shop is $549,000, though prices range from under $292,375 to well over $1,150,000.
How much do Auto Repair and Service Shops owners earn?
The median reported revenue of Auto Repair and Service Shops is $900,000 and owners earn a median of $190,500, which includes the owners salary and any other financial benefits they receive.
How do I value an Auto Repair and Service Shop?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Auto Repair and Service Shops, revenue multiples range from 0.44 to 1.03, with a median of 0.64. Earning multiples range from 2.08 to 3.90, with the median at 2.85. This means the typical Auto Repair and Service Shop may ask for around 0.64 times its annual revenue, and 2.85 times its annual owner earnings.
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