Rochester, NY
Auto Repair and Service Shops For Sale in New York


Rochester, NY

Queens, NY

Syracuse, NY
Valley Stream, NY
REAL ESTATE INCLUDED
Queens, NY
College Point, NY
REAL ESTATE INCLUDED
Buffalo, NY
REAL ESTATE INCLUDED
W Amherst, NY
REAL ESTATE INCLUDED
Ontario, NY
Staten Island, NY
Brooklyn, NY
Cheektowaga, NY
Busy Auto Body/ Repair Center
$1,395,000
Suffolk County, NY
Suffolk County, NY
Suffolk County, NY
Angelo A. Ferrara
Rapt Business Brokers
Serving Nassau County, NY
Rapt is a middle market intermediary firm involved in business brokering, valuations, commercial RE & finance, and business planning/coaching. Our company name, Rapt, was chosen to convey our deep commitment to providing our complete, undivided attention to our task. We are professionals who approach each of our engagements with Intensity, Integrity, Fairness and Honesty. Our basic strategy is to negotiate on merits and conduct principled negotiations, requiring that both parties negotiate on objective standards that focus on interests and not positions. This strategy is best accomplished by presenting mutually advantageous options (“win-win” options) that make it easier to reach a conclusion. In our experience, this expedites the process and leads to successful negotiations that are acceptable to both sides. Our relationship with the owner of a privately held company is a highly personalized hands-on service. We do not hand off work to junior associates once an agreement has been signed to represent a client company. We work closely with owners and their advisors from the beginning to gain an in-depth level of knowledge about the company. Every organization is different and we strive to gain an understanding of the uniqueness of each company that ultimately becomes a driver in the associated value. Our principal, Angelo A. Ferrara, has advanced degrees in both business administration and engineering and has taught finance courses to MBA candidates. Prior to opening Rapt, he operated a manufacturing company and brings a “hands on” business experience to the buying and selling process. He is a member of the International Business Brokers Association (IBBA) and has achieved their designation as a Certified Business Intermediary (CBI). As one who has experienced owning and operating his own business, he understands that in he must act as a mentor to his client as well conduct successful negotiations.
Croton-On-Hudson, NY
Bronx, NY
Poughkeepsie, NY
| Market Overview | Listings for Sale (Median) | Total New York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 73 | 5,112 |
| Asking Price | $650,000 | - |
| Reported Revenue | $1,000,000 | $1,604,182 |
| Reported Seller's Discretionary Earnings | $220,388 | $174,475 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $385,000 | $650,000 | $1,400,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Auto Repair and Service Shops for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $694,000 | $150,000 |
| Median | $1,000,000 | $220,388 |
| Upper Quartile | $1,750,000 | $322,112 |
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 in New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.50 | 2.12 |
| Median | 0.70 | 2.63 |
| Upper Quartile | 1.13 | 3.57 |
FAQ's
How much does it cost to buy an Auto Repair and Service Shop in New York?
The median asking price for an established Auto Repair and Service Shop in New York is $650,000, though prices range from under $385,000 to well over $1,400,000.
How much do Auto Repair and Service Shops owners in New York earn?
The median reported revenue of Auto Repair and Service Shops in New York is $1,000,000 and owners earn a median of $220,388, 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 in New York, revenue multiples range from 0.50 to 1.13, with a median of 0.70. Earning multiples range from 2.12 to 3.57, with the median at 2.63. This means the typical Auto Repair and Service Shop in New York may ask for around 0.70 times its annual revenue, and 2.63 times its annual owner earnings.
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