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| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 892 | 114,580 |
| Asking Price | $550,000 | - |
| Reported Revenue | $921,770 | $1,146,039 |
| Reported Seller's Discretionary Earnings | $190,000 | $126,064 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $299,000 | $550,000 | $1,157,500 |
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 | $499,500 | $120,000 |
| Median | $921,770 | $190,000 |
| Upper Quartile | $1,494,117 | $306,531 |
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 | 0.45 | 2.14 |
| Median | 0.65 | 2.88 |
| Upper Quartile | 1.06 | 3.99 |
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 $550,000, though prices range from under $299,000 to well over $1,157,500.
How much do Auto Repair and Service Shops owners earn?
The median reported revenue of Auto Repair and Service Shops is $921,770 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 0.45 to 1.06, with a median of 0.65. Earning multiples range from 2.14 to 3.99, with the median at 2.88. This means the typical Auto Repair and Service Shop may ask for around 0.65 times its annual revenue, and 2.88 times its annual owner earnings.
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