San Mateo County, CA
$900,000
San Mateo County, CA
$900,000
Johnston County, NC
$499,000
Richfield, UT
Not Disclosed
EBITDA: $60,430
REAL ESTATE INCLUDED
Sudbury District, ON
$1,250,000
Clark County, NV
$499,000
San Mateo County, CA
$749,000
Connecticut
Not Disclosed
Cash Flow: $390,000
New York
Not Disclosed
Cash Flow: $602,000
REAL ESTATE INCLUDED
Jefferson County, KY
$695,000
Middlesex County, NJ
$575,000
REAL ESTATE INCLUDED
Prince George's County, MD
$1,900,000
REAL ESTATE INCLUDED
Harris County, TX
$2,150,000
Miami, FL
$35,000
REAL ESTATE INCLUDED
Arkansas
$4,000,000
Clanton, AL
$110,000
Bucks County, PA
$230,000
Mark Griffin, CMAA,CCIM
Topsail Capital Advisors
Serving Greenville County, SC
Topsail Capital Advisors is a leading nationally recognized middle-market M&A advisory firm specializing in selling founder-owned companies, typically working with owners that are families or entrepreneurs to help guide them through a successful sale process. TCA strives to help our clients accomplish their goals to sell or recap their business while maximizing the price, terms, structure, and fit of any transaction. Our extensive network of contacts and relationships with private equity firms, family offices, and corporate buyers extends across the country. TCA was founded by twenty-year business M&A and commercial real estate veteran Mark Griffin, CM&AA, CCIM. While Mr. Griffin and his team of Analysts and specialty advisors have clients located throughout the US, we focus on privately held lower middle market companies located within the southeastern US. TCA also provides buy-side advisory for private equity groups, family offices, and corporations seeking add-on acquisitions. TCA is a member of the Alliance of Merger & Acquisition Advisors (AM&AA) and the Certified Commercial Investment Member Institute (CCIM). The TCA team are experts in conducting business and real estate market valuations as well as structuring sale-leaseback arrangements whereas the business is sold and the building or facility is in turn “leased back” to the business purchaser. The real estate is then sold separately to private investors/ groups which allows the owner to capitalize on both the sale of the business and real estate at exit.
Palm Beach County, FL
$599,000
Soldotna, AK
$600,000
REAL ESTATE INCLUDED
Sarasota, FL
$850,000
Snohomish County, WA
$1,500,000
Simi Valley, CA
$95,000
REAL ESTATE INCLUDED
Kingman, AZ
$739,000
REAL ESTATE INCLUDED
Florida
$2,750,000
REAL ESTATE INCLUDED
Ocean County, NJ
$1,300,000
REAL ESTATE INCLUDED
DeSoto County, MS
$2,500,000
Phoenix, AZ
$795,000
Fairfield County, CT
$650,000
REAL ESTATE INCLUDED
Camden County, NJ
$2,000,000
REAL ESTATE INCLUDED
Passaic County, NJ
$2,300,000
Illinois
$2,000,000
REAL ESTATE INCLUDED
Bessemer, AL
$2,900,000
North Fort Myers, FL
$289,000
Miami, FL
$45,000
REAL ESTATE INCLUDED
Minnesota
$1,100,000
REAL ESTATE INCLUDED
Hampden County, MA
$1,250,000
REAL ESTATE INCLUDED
Texas
$2,500,000
Horry County, SC
$575,000
REAL ESTATE INCLUDED
Dalton, GA
$1,900,000
Pasco County, FL
$350,000
York County, PA
$300,000
REAL ESTATE INCLUDED
Orleans, MA
$849,000
Not Disclosed
Cash Flow: $2,390,000
Lilburn, GA
$620,000
Minnesota
$395,000
Andy Lopez
Andy Lopez, P.A.
Serving Miami-Dade County, FL
REAL ESTATE INCLUDED
Sarasota, FL
$2,100,000
REAL ESTATE INCLUDED
Quitman, GA
$399,000
Minnesota
$325,000
REAL ESTATE INCLUDED
Gwinnett County, GA
$7,400,000
Richmond City County, VA
$200,000
Worcester County, MA
$499,000
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. Some of the most popular categories include:
Valuations of automotive and boat businesses vary depending on the category of services and local markets. Overall, trends for the sector show these businesses remain popular options for acquisition. With over 70% growth over the last five years, the average sale price for automotive and boat businesses in 2023 was $555,000.
Automotive and Boat Business PricesYear Sold | Median Asking Price | Median Sale Price |
2018 | $399,000 | $299,000 |
2019 | $389,450 | $350,000 |
2020 | $449,500 | $420,000 |
2021 | $472,500 | $450,000 |
2022 | $515,200 | $499,500 |
2023 | $595,000 | $555,000 |
Knowing the value of your automotive and boat business is key to developing a successful exit plan if you’re thinking about selling it. If you’re looking to sell your automotive company, see our Guide, How to Value & Sell Your Automotive Business, to get started.