Suffolk County, NY
$1,320,000
Suffolk County, NY
$1,320,000
Cuyahoga County, OH
$250,000
Baltimore City County, MD
$500,000
Atlanta, GA
$649,000
Pennsylvania
Not Disclosed
EBITDA: $491,000
Maryland
$349,999
Queens County, NY
Not Disclosed
EBITDA: $6,050,000
Great Falls, MT
$600,000
Benton County, WA
$650,000
REAL ESTATE INCLUDED
Corpus Christi, TX
$1,998,000
$1,275,000
Wisconsin
$295,000
Colorado
$800,000
Parker County, TX
$535,000
Jackson, WY
$329,000
REAL ESTATE INCLUDED
Manassas, VA
$4,200,000
Gary Burden
Ohio Valley Business Advisors
Serving Geauga County, OH
Our specialty is making connections and making things happen.
Jacksonville, TX
$1,350,000
REAL ESTATE INCLUDED
Waconia, MN
$1,495,000
Eau Claire County, WI
$400,000
Waverly, AL
$699,000
Freeport, NY
$275,000
REAL ESTATE INCLUDED
Niobrara County, WY
$575,000
Nassau County, NY
$75,000
REAL ESTATE INCLUDED
Nevada
$3,200,000
Oklahoma City, OK
$188,000
REAL ESTATE INCLUDED
Radford, VA
$600,000
Ponoka
$1,250,000
Oakwood, GA
$335,000
Marathon, FL
$125,000
REAL ESTATE INCLUDED
Gainesville, TX
$349,990
Colmar Manor, MD
$95,000
Glendora, CA
$495,000
St Lucie County, FL
$865,000
Sedgwick County, KS
$249,000
REAL ESTATE INCLUDED
Monroe County, PA
$800,000
Houston, TX
$1,400,000
Clarendon, TX
$50,000
Brewster, NY
$189,000
Lakeland, FL
$429,000
Los Angeles County, CA
$360,000
Delaware County, OH
$1,300,000
REAL ESTATE INCLUDED
Franklin County, OH
$1,300,000
REAL ESTATE INCLUDED
Tulsa, OK
$1,050,000
Eagan, MN
$850,000
Robert Hanson
R. Hanson Corporation
Serving Lake County, IL
Charleston, SC
$1,750,000
Harris County, TX
$5,100,000
REAL ESTATE INCLUDED
Illinois
$1,300,000
Colton, CA
$277,000
St Lucie County, FL
$625,000
Rensselaer County, NY
$699,999
Some automotive and boat businesses for sale specialize in retail, while others focus on providing services like repairs and maintenance, and still others offer a combination of both. From auto repair shops and car washes to towing companies, truck stops, and gas stations, the businesses in the automotive sector keep consumers moving.
The auto repair and maintenance industry is bouncing back from 2020 pandemic related disruptions. The auto industry accounts for 3% of GDP for the U.S. and employs over 1.7 million people. This sector is expected to expand by over 5% during the next decade. With projected growth in both marine and automotive repair industries, businesses in these sectors may be good investments. One of the primary advantages of buying an existing automotive or boat business is that it comes with established credibility in the market. Some of the most popular categories include:
Valuations of automotive and boat businesses vary depending on the category of services and local markets. Overall, trends for the sector show these businesses remain popular options for acquisition. With over 70% growth over the last five years, the average sale price for automotive and boat businesses in 2023 was $555,000.
Automotive and Boat Business PricesYear Sold | Median Asking Price | Median Sale Price |
2018 | $399,000 | $299,000 |
2019 | $389,450 | $350,000 |
2020 | $449,500 | $420,000 |
2021 | $472,500 | $450,000 |
2022 | $515,200 | $499,500 |
2023 | $595,000 | $555,000 |
Knowing the value of your automotive and boat business is key to developing a successful exit plan if you’re thinking about selling it. If you’re looking to sell your automotive company, see our Guide, How to Value & Sell Your Automotive Business, to get started.