Kings County, NY
Automotive and Boat Businesses in NY For Sale
Exterior Car Wash $800,000/YR Absentee
Exterior Car Wash + 5 Self-Serve Bays 24 Hrs Gross $950,000/yr
Nassau County, NY
Extremely Profitable Auto Glass Replacement Company
New York, NY
Lucrative Transmission Auto Shop for Sale
College Point, NY
LI Car Wash $1,050,000 Sales Absentee mgmt 30 Yea Lease Hi Net
Nassau County, NY
Best North Shore Car Wash $3.1M/Sales + Land Avail Huge Net Profit
Nassau County, NY
LI Express/Flex Car Wash $2,000,000/YR Sales 30 Year lease
Nassau County, NY
Ultra Modern Car Wash / Lube Projects $1,600,000/yr
Kings County, NY
Used car Dealership For Sale In Great Location
REAL ESTATE INCLUDED
Buffalo, NY
Well known Suburban Used Car Dealership For Sale
REAL ESTATE INCLUDED
W Amherst, NY
LI Car wash $825,000/YR Absentee Owner
Nassau County, NY
LI North Shore Car Wash $1,600,000/YR
Nassau County, NY
NY Car Wash/Lube $2,600,000/YR Absentee Owner
New York
LI Car Wash $1,100,000/YR Mostly Absentee Hi Net Profit
New York
Bklyn Car Wash $1,000,000/YR Nets $250,000/YR Only 400,000 Down
Kings County, NY
LI Express Car Wash with 5 self-serve Bays Projects $900K/yr Low Rent
Suffolk County, NY
Si Pae
4a Business Broker LLC
Serving Orange County, NY
My focus is on my client's interest and providing the best service in the marketplace.
Contact me
LI Car Wash + Lube $2.5M/yr Owner Retiring Nets $690,000/yr
Nassau County, NY
Very Profitable Auto Repair & Snow Plow Dealership!
REAL ESTATE INCLUDED
Ontario, NY
branded gas station with C-Store
Westchester County, NY
NY Ultra Modern Car Wash Lube $3,400,000/YR 2023
New York
Established Auto Repair Business
Staten Island, NY
LI Express Flex North Shore Car Wash $1,150,000/YR
Suffolk County, NY
Fabulous Car Wash Lube $2M first Year
Kings County, NY
Full Service Car Wash
Nassau County, NY
Buy or Sell an Automotive and Boat Business in New York
Some automotive and boat businesses for sale specialize in retail, while others focus on providing services like repairs and maintenance, and still others offer a combination of both. From auto repair shops and car washes to towing companies, truck stops, and gas stations, the businesses in the automotive sector keep consumers moving. The auto repair and maintenance industry is bouncing back from 2020 pandemic related disruptions. The auto industry accounts for 3% of GDP for the U.S. and employs over 1.7 million people. This sector is expected to expand by over 5% during the next decade. With projected growth in both marine and automotive repair industries, businesses in these sectors may be good investments. One of the primary advantages of buying an existing automotive or boat business is that it comes with established credibility in the market.
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 96 |
| Asking Price | $950,000 |
| Reported Revenue | $1,211,987 |
| Reported Seller's Discretionary Earnings | $284,720 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $400,000 | $950,000 | $2,700,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Automotive and Boat Businesses for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $700,000 | $147,398 |
| Median | $1,211,987 | $284,720 |
| Upper Quartile | $2,200,000 | $475,000 |
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 New York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.50 | 2.23 |
| Median | 0.92 | 3.13 |
| Upper Quartile | 1.60 | 4.55 |
FAQ's
How much does it cost to buy an Automotive and Boat Business in New York?
The median asking price for an established Automotive and Boat Business in New York is $950,000, though prices range from under $400,000 to well over $2,700,000.
How much do Automotive and Boat Businesses owners in New York earn?
The median reported revenue of Automotive and Boat Businesses in New York is $1,211,987 and owners earn a median of $284,720, 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 New York, revenue multiples range from 0.50 to 1.60, with a median of 0.92. Earning multiples range from 2.23 to 4.55, with the median at 3.13. This means the typical Automotive and Boat Business in New York may ask for around 0.92 times its annual revenue, and 3.13 times its annual owner earnings.
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