REAL ESTATE INCLUDED
Ontario, NY

REAL ESTATE INCLUDED
Ontario, NY
REAL ESTATE INCLUDED
Camden County, NJ

REAL ESTATE INCLUDED
Streamwood, IL
Rock Island County, IL
REAL ESTATE INCLUDED
Fairfield County, OH
REAL ESTATE INCLUDED
Wisconsin
REAL ESTATE INCLUDED
Struthers, OH
Hillsborough County, NH
Worcester County, MA
REAL ESTATE INCLUDED
Mississippi
REAL ESTATE INCLUDED
Adelanto, CA
Gulfport, MS
Westchester County, NY
New York
Tampa, FL
Dr.Ed Kwoka
Innovatus Business Brokers, Inc.
Serving Broward County, FL
Innovatus Business Brokers Inc is a business consulting and brokerage firm helping to prepare companies for a successful exit. In Florida, I am licensed and provide business brokerage services under Innovatus Business Brokers - Florida Brokers License #: CQ1071643, and Broker License BK3554147.. Innovatus Group Inc is a full service business consulting firm while Innovatus Business Brokers, Inc. is a full service business brokerage firm serving the Florida marketplace. Our experience lies in the ability to prepare the company for exit and present it discretely to the right group of vetted buyers and sellers. Our rigorous process ensures the best possible outcome for our clients. We also believe that communication is a key component in any successful deal. Our relationships with SBA and conventional lending institutions helps make your transaction move along efficiently and with proper guidance.
Washington
Staten Island, NY
Weld County, CO
St. Louis County, MO
Suffolk County, NY
Kings County, NY
Wisconsin
REAL ESTATE INCLUDED
Baltimore, MD
Florida
REAL ESTATE INCLUDED
St. Louis County, MO
REAL ESTATE INCLUDED
Los Angeles County, CA
Nassau County, NY
Las Vegas, NV
Washington
Miami, FL
Worcester County, MA
Miami, FL
REAL ESTATE INCLUDED
Hazelwood, MO
REAL ESTATE INCLUDED
Tyler, TX
Las Vegas, NV
Old Bridge, NJ
Naples, FL
Miami, FL
Las Vegas, NV
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 Prices| Year 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.