McHenry County, IL
$250,000

McHenry County, IL
$250,000

Orange County, CA
$80,000

Prince William County, VA
$230,000

Claremont, CA
$260,000
Riverside, CA
$75,000
Coeur D'alene, ID
$345,000
Carrollton, TX
$169,000
REAL ESTATE INCLUDED
Williamstown, NJ
$2,100,000
Sacramento County, CA
$799,000
Fremont, CA
$175,000
Mississippi
$1,750,000
REAL ESTATE INCLUDED
Winnebago County, WI
$499,000
Saint Louis, MO
$145,000
$375,000
Schaumburg, IL
Riverside County, CA
$1,162,000
Freeport, NY
$300,000
Mike Costello
Costello Capital Management, LLC
Serving Hamilton County, TN
Mike Costello, our managing member, has consulted several business owners relating to the successful sale of their ownership interests. A recent example occurred in August 2021, prior to his retirement from Elliott Davis, when he was retained as a consultant with respect to the sale of a middle market company located in the Tennessee Valley. In this case, he provided assistance to the company’s owner and management team, resulting in the successful sale to a strategic buyer (a public company in the industry) in December, 2021 for $58 million. In July, 2022, he received a request from another Tennessee Valley middle market company to perform business broker services. These events motivated Costello to serve as a business broker. As a result, he retired from Elliott Davis and formed Costello Capital Management, LLC (“CCM”) in October, 2022. CCM is already actively engaged with other regional clients exploring the sale of their businesses. CCM is uniquely qualified to determine the best approach for marketing a business entity for sale. This could include going to: -private equity groups (financial buyers), -industry members (as mentioned above), or -the local market (including networking with CPAs, bankers, attorneys or known potential buyers), depending upon the size of the business. Costello’s experience and in-depth knowledge of business transactions is beneficial at every stage of a business transaction: determining the optimal sales process, establishing an appropriate sales price, negotiating to realize the targeted sales price and then managing the transaction to a successful closing.
Hurst, TX
$195,000
Perry, MI
$450,000
Pasco County, FL
$199,000
Fort Lauderdale, FL
$720,000
Venice, FL
$50,000
Somerset County, NJ
$50,000
Tarzana, CA
$300,000
Iowa
$750,000
$450,000
Dallas County, TX
REAL ESTATE INCLUDED
Camden County, NJ
$2,500,000
REAL ESTATE INCLUDED
Arkansas
$2,400,000
Los Alamos, NM
$200,000
Las Vegas, NV
$3,325,000
San Angelo, TX
$2,100,000
Port Charlotte, FL
$225,000
Westhampton Beach, NY
$425,000
Fullerton, CA
$165,000
REAL ESTATE INCLUDED
Winchester, TN
$649,000
Sherman Oaks, CA
$310,000
$199,000
Lewisville, TX
$149,000
Evergreen, CO
$700,000
Myrtle Beach, SC
$153,900
Hallandale Beach, FL
$675,000
Los Angeles County, CA
$2,500,000
Alpharetta, GA
$369,000
Corona, CA
$55,000
Norfolk County, MA
$375,000
Sam Naff
Toles, Temple, & Wright
Serving Floyd County, GA
Business Broker
Jacksonville, FL
$595,000
Fredericksburg, TX
$350,000
$2,000,000
Farmers Branch, TX
Myrtle Beach, SC
$900,000
San Bernardino, CA
$2,600,000
REAL ESTATE INCLUDED
Wayne County, MI
$2,352,550
Collier County, FL
$45,000
Willow Grove, PA
$299,999
Las Vegas, NV
$850,000
Essex County, NJ
$1,000,000
| Market Overview | Listed for Sale |
|---|---|
| Number of Businesses Analyzed | 1,281 |
| Median Asking Price | $550,000 |
| Median Reported Revenue | $912,287 |
| Median Reported Seller's Discretionary Earnings | $196,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $295,000 | $550,000 | $1,200,000 |
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 | $511,075 | $110,557 |
| Median | $912,287 | $196,000 |
| Upper Quartile | $1,455,997 | $325,000 |
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 | 0.42 | 2.00 |
| Median | 0.63 | 2.68 |
| Upper Quartile | 1.00 | 3.77 |
| Find out what these types of businesses actually sell for with a BizBuySell Valuation Report | ||
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 $295,000 to well over $1,200,000.
How much do Auto Repair and Service Shops owners earn?
The median reported revenue of Auto Repair and Service Shops is $912,287 and owners earn a median of $196,000, 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 0.42 to 1.00, with a median of 0.63. Earning multiples range from 2.00 to 3.77, with the median at 2.68. This means the typical Auto Repair and Service Shop may ask for around 0.63 times its annual revenue, and 2.68 times its annual owner earnings.
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