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This company works primarily with young adults, to instill the mindset and skills required to drive safely....
$350,000
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Buy or Sell an Other Automotive and Boat Business
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 227 |
| Asking Price | $495,000 |
| Reported Revenue | $900,000 |
| Reported Seller's Discretionary Earnings | $187,954 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $300,000 | $495,000 | $1,225,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Other Automotive and Boat Businesses for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $456,750 | $120,250 |
| Median | $900,000 | $187,954 |
| Upper Quartile | $1,620,973 | $324,967 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Other Automotive and Boat Businesses listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.39 | 2.03 |
| Median | 0.67 | 2.92 |
| Upper Quartile | 1.19 | 4.03 |
FAQ's
How much does it cost to buy an Other Automotive and Boat Business?
The median asking price for an established Other Automotive and Boat Business is $495,000, though prices range from under $300,000 to well over $1,225,000.
How much do Other Automotive and Boat Businesses owners earn?
The median reported revenue of Other Automotive and Boat Businesses is $900,000 and owners earn a median of $187,954, which includes the owners salary and any other financial benefits they receive.
How do I value an Other 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 Other Automotive and Boat Businesses, revenue multiples range from 0.39 to 1.19, with a median of 0.67. Earning multiples range from 2.03 to 4.03, with the median at 2.92. This means the typical Other Automotive and Boat Business may ask for around 0.67 times its annual revenue, and 2.92 times its annual owner earnings.
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