REAL ESTATE INCLUDED
Contra Costa County, CA

REAL ESTATE INCLUDED
Contra Costa County, CA

Las Vegas, NV

Oklahoma

San Mateo County, CA
Murray County, GA
Greensboro, NC
Bergen County, NJ
REAL ESTATE INCLUDED
Ocean County, NJ
Victoria County, TX
Hurst, TX
Columbus, OH
Corona, NY
San Francisco, CA
Union County, NJ
Kingston, NY
Atlanta, GA
Lisa Stephens
Transworld Business Advisors of Birmingham
Serving Oakland County, MI
Transworld Business Advisors of Birmingham, MI is the world leader in the marketing and sales of businesses and franchises. We focus on three core concepts: business brokerage, franchise consulting, and franchise development. In today’s economy, there are more people looking to buy and sell businesses than ever before. When a company owner wants or needs to sell their business, it is never as easy as putting a “For Sale” sign in the window. Business owners usually need the assistance of an experienced Business Broker to locate and vet potential buyers, while maintaining their confidentiality. On the other side, buyers rely on the broker to help facilitate the process of evaluating potential businesses and franchises for sale. A Transworld Business Advisor of Birmingham, MI is the solution for both scenarios.
Michigan
South Dakota
New Mexico
Cumberland County, ME
Los Angeles, CA
Long Beach, CA
Maricopa County, AZ
Miami, FL
Greater Toronto Area, ON
Los Angeles, CA
El Paso County, CO
Denton County, TX
REAL ESTATE INCLUDED
York County, PA
Suffolk County, NY
Hollywood, FL
REAL ESTATE INCLUDED
Cook County, IL
Wisconsin
Huntington Beach, CA
Oxnard, CA
Clinton, MD
Miami Shores, FL
Middlesex County, MA
Saint Louis, MO
Lancaster, CA
Fresno, CA
Freehold, NJ
REAL ESTATE INCLUDED
Union County, NJ
Richmond, TX
Andre Council
First Choice Business Brokers of Hampton Roads
Serving Chesapeake County, VA
Established in 1994, First Choice Business Brokers quickly grew to become one of the largest Business Sales Organizations in the U.S listing over $4 Billion in businesses for sale – thus giving Buyers and Sellers an extensive network of Business Brokers across the U.S. to assist in Buying or Selling a Business. Our Business Broker Professionals come from diverse backgrounds such as former business owners, accountants, banking, real estate and executive search. All First Choice Business Brokers have graduated from First Choice University (FCU) and attend continuing education creating the most highly trained Business Sales Associates in the industry. Our Business Sales Experts are trained on business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. Our exclusive businesses for sale listings are available only through First Choice Business Sales Professionals. Business Sales is unique and should never be compared to selling or buying a home. You deserve a Business Sales Professional when selling your business – you deserve a First Choice Business Broker who specializes specifically in business sales. First Choice is large enough to offer Buyers the greatest selection of businesses available nationwide, yet in local markets to offer Sellers individual attention.
Clearwater, FL
Ogemaw County, MI
Atlanta, GA
Chesterfield County, VA
Falls Church, VA
| Market Overview | Listings for Sale (Median) | Total Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 893 | 114,580 |
| Asking Price | $545,900 | - |
| Reported Revenue | $900,000 | $1,146,039 |
| Reported Seller's Discretionary Earnings | $190,500 | $126,064 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $290,000 | $545,900 | $1,195,000 |
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 | $500,000 | $120,000 |
| Median | $900,000 | $190,500 |
| Upper Quartile | $1,430,617 | $303,184 |
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 | 0.44 | 2.08 |
| Median | 0.64 | 2.86 |
| Upper Quartile | 1.04 | 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 $545,900, though prices range from under $290,000 to well over $1,195,000.
How much do Auto Repair and Service Shops owners earn?
The median reported revenue of Auto Repair and Service Shops is $900,000 and owners earn a median of $190,500, 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 0.44 to 1.04, with a median of 0.64. Earning multiples range from 2.08 to 3.99, with the median at 2.86. This means the typical Auto Repair and Service Shop may ask for around 0.64 times its annual revenue, and 2.86 times its annual owner earnings.
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