Detroit, MI
$1,400,000

Detroit, MI
$1,400,000

Wayne County, MI
$74,900

Wayne County, MI
$74,900

REAL ESTATE INCLUDED
Kalkaska, MI
$999,000
Battle Creek, MI
$35,000
Oakland County, MI
$307,000
REAL ESTATE INCLUDED
Sanilac County, MI
$1,700,000
Wyoming, MI
$125,000
Clinton County, MI
$550,000
REAL ESTATE INCLUDED
Sault Sainte Marie, MI
$495,000
Available Nationwide
$85,000
REAL ESTATE INCLUDED
Gladwin, MI
$1,398,000
REAL ESTATE INCLUDED
Beaverton, MI
$1,398,000
$35,000
Grand Rapids, MI
REAL ESTATE INCLUDED
Genesee County, MI
$2,700,000
Oakland County, MI
$375,000
Eric Michael
Keller Williams
Serving Oakland County, MI
The world leader in the marketing and sales of businesses, commercial real estate and real estate. Whether you represent an acquisition-minded corporation, or are personally interested in owning your own company, we offer the professional services that successfully bring buyers and sellers together.
Oakland County, MI
$375,000
REAL ESTATE INCLUDED
Macomb County, MI
$3,350,000
Michigan
Not Disclosed
Ogemaw County, MI
$595,000
Wayne County, MI
$475,000
Available in Michigan
$90,000
REAL ESTATE INCLUDED
Muskegon County, MI
$410,000
Michigan
$2,900,000
$90,000
Saint Clair Shores, MI
REAL ESTATE INCLUDED
South Boardman, MI
$625,000
Allegan County, MI
$2,350,000
REAL ESTATE INCLUDED
Michigan
$4,900,000
Detroit, MI
$1,200,000
REAL ESTATE INCLUDED
Oakland County, MI
$698,000
Washtenaw County, MI
$725,000
Romulus, MI
$1,900,000
Available in Michigan
$60,000
Oakland County, MI
$35,000
Traverse City, MI
$40,000
$650,000
Detroit, MI
Port Huron, MI
$75,000
Traverse City, MI
$100,000
Available in Michigan
$100,000
Gaylord, MI
$100,000
Sault Sainte Marie, MI
$100,000
River Rouge, MI
$110,000
South Lyon, MI
$2,500,000
Michigan
Not Disclosed
Dairek Yaldoo
YourBiz Broker, LLC
Serving Oakland County, MI
Walled Lake, MI
$944,000
River Rouge, MI
$100,000
Michigan
$375,000
Michigan
$59,900
Available Nationwide
$1,000,000
Michigan
$2,150,000
Ingham County, MI
$345,000
Brighton, MI
$350,000
Sterling Heights, MI
$485,000
Monroe County, MI
$300,000
Detroit, MI
$60,000
Genesee County, MI
$410,000
Rochester, MI
$385,000
Prudenville, MI
$749,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 31 |
| Median Asking Price | $625,000 |
| Median Reported Revenue | $1,560,000 |
| Median Reported Seller's Discretionary Earnings | $200,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $375,000 | $625,000 | $1,791,250 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Automotive and Boat Businesses for sale in Michigan.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $644,833 | $100,000 |
| Median | $1,560,000 | $200,000 |
| Upper Quartile | $3,376,006 | $489,522 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Automotive and Boat Businesses listed for sale in Michigan.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.30 | 2.35 |
| Median | 0.53 | 3.00 |
| Upper Quartile | 1.09 | 4.72 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
FAQ's
How much does it cost to buy an Automotive and Boat Business in Michigan?
The median asking price for an established Automotive and Boat Business in Michigan is $625,000, though prices range from under $375,000 to well over $1,791,250.
How much do Automotive and Boat Businesses owners in Michigan earn?
The median reported revenue of Automotive and Boat Businesses in Michigan is $1,560,000 and owners earn a median of $200,000, which includes the owners salary and any other financial benefits they receive.
How do I value an Automotive and Boat Business?
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 Automotive and Boat Businesses in Michigan, revenue multiples range from 0.30 to 1.09, with a median of 0.53. Earning multiples range from 2.35 to 4.72, with the median at 3.00. This means the typical Automotive and Boat Business in Michigan may ask for around 0.53 times its annual revenue, and 3.00 times its annual owner earnings.
More for Business Owners
Create an Owner AccountSell Your BusinessFind a Business BrokerLearn About Selling a BusinessMore for Business Buyers
Create a Buyer AccountLearn About Buying BusinessesGet BizBuySell Edge