Everman, TX
$1,190,000
Everman, TX
$1,190,000
Houston, TX
$925,000
Mead, CO
$5,500,000
Aurora, CO
$4,500,000
Yuma, AZ
$349,000
Oaklyn, NJ
$1,781,300
Miami, FL
$29,000,000
Winnebago County, IL
$150,000
New Haven, MI
$495,000
Danville, GA
$1,500,000
Buffalo, NY
$3,995,000
Algonquin, IL
$1,500,000
Marietta, GA
$600,000
Smith County, TX
$7,800,000
Cumberland County, NJ
$5,500,000
Stark County, OH
$1,200,000
Bethany MacLean
Cynergy Consulting Services, Inc.
Serving Erie County, NY
Trust in our brokerage expertise to navigate the complexities of selling a medical practice. We have successfully brokered the sale and transition of over 2000 medical practices, making us the go-to choice for providers seeking top-notch service. Did you know there are strategic steps you can take to significantly increase the value of your practice before listing it for sale? Most providers are unaware of these opportunities. At Cynergy Consulting, we know the secrets to enhancing your practice’s worth, ensuring you get the most from your sale. Our comprehensive Intermediary Services (practice brokerage and sale), as part of a physician’s exit strategy, allow doctors in solo or group practice to convert the hard-won equity in their practices into liquidity, which can then be diversified for purposes of retirement or investment. Most physicians choose to stay with their practice under a negotiated employment contract for a number of years after sale. All physicians over age fifty-five (55) should have an exit strategy to ensure that they can capture the full value of their medical practice before they begin to “wind down”. Our staff has facilitated the sale of hundreds of medical practices over the last forty years in all fifty (50) states.
Tampa, FL
Not Disclosed
Camden County, NJ
$1,500,000
Dallas County, TX
$2,990,000
Woodland, CA
$6,500,000
Vermont
$1,350,000
Poughkeepsie, NY
$299,000
Miami, FL
$19,500,000
Walsenburg, CO
$425,000
Redwood City, CA
$9,500,000
Tillamook, OR
$1,950,000
Edgartown, MA
$800,000
Altus, OK
$550,000
$5,000
$320,000
$5,000
Not Disclosed
$450,000
Not Disclosed
$54,900
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.