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Auto Repair and Service Shops For Sale
Broward County, FL
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Julieanna Wakileh
Liberty Business Advisors
Serving Contra Costa County, CA
"At Liberty Business Advisors we provide expert advisory and brokerage services to business owners and buyers. With offices conveniently located throughout California we have successfully represented over 2,000 business owners and completed more than $1.5 Billion of sales transactions since our founding in 2003. Liberty Business Advisors is a multi-cultural company with 15 different languages spoken among our team of Brokers and Associates. Most importantly, we all speak one common language, the language of business. Our recent merger with Century 21 Real Estate Alliance has greatly expanded our market reach by creating an expansive referral network that now includes over 40 residential resale offices and 1,800 active agents. This vast experience and expansive market presence enables us to provide invaluable information and insight to business owners, buyers and investors while assisting them with every aspect of selling or buying a business or Income Property. If you are contemplating selling or buying a business, we will help you make it happen. Our company philosophy at Liberty Business Advisors is to always place the needs of our clients first. Not only do we emphasize honesty and integrity in all our dealings, we make them absolutely imperative."
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Mark Gibson
Transition business solutions
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Transition Business Solutions specializes in helping business owners transition to the next phase of life. After spending years building your business, we will help you reallocate your assets so you can enjoy life. We specialize in marketing and selling businesses along with commercial real estate.
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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 885 | 114,580 |
| Asking Price | $549,000 | - |
| Reported Revenue | $896,408 | $1,146,039 |
| Reported Seller's Discretionary Earnings | $190,000 | $126,064 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $290,000 | $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 | $896,408 | $190,000 |
| Upper Quartile | $1,448,041 | $303,790 |
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 | 3.88 |
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 $290,000 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 $896,408 and owners earn a median of $190,000, 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 3.88, 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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