Fort Lauderdale, FL
$720,000

Fort Lauderdale, FL
$720,000

Venice, FL
$50,000

REAL ESTATE INCLUDED
Florida
$2,400,000

REAL ESTATE INCLUDED
Palm Beach County, FL
$4,950,000
REAL ESTATE INCLUDED
Florida
$5,595,000
Plantation, FL
$300,000
Fort Myers, FL
$650,000
Broward County, FL
$200,000
Miami, FL
$275,000
Oakland Park, FL
$350,000
Casselberry, FL
$115,000
Orlando, FL
$199,000
Tampa, FL
$9,000,000
$950,000
Miami, FL
Miami, FL
$4,000,000
Jacksonville, FL
$89,000
Prakas & Company
Serving Palm Beach County, FL
About Prakas & Co. Established in 1999, Prakas & Co. is South Florida's leading commercial real estate brokerage firm, specializing in the hospitality sector. With a focus on restaurants, bars, and nightclubs, we offer unparalleled expertise in the sale, lease, and marketing of commercial properties throughout the Treasure Coast, Palm Beach, Broward, and Miami-Dade Counties. At Prakas & Co., we bring over two decades of experience to the table, having completed more than 600 transactions that have significantly shaped the commercial landscapes of some of South Florida's most vibrant districts. Our extensive network of contacts and our deep understanding of the local market dynamics allow us to provide strategic, tailored solutions that drive success for our clients and partners. Our Services Include: -Sales and Acquisitions: Specializing in high-value commercial properties and business sales. -Leasing: Offering expert negotiation and deal structuring for tenant and landlord representation. -Consultancy and Advisory: Providing insights and strategic planning for optimal investment outcomes. We are not just brokers; we are your strategic partners in commercial real estate. Whether you're looking to buy, sell, or lease, Prakas & Co. ensures that every transaction is positioned for maximum success. Our team's dedication to service excellence and client satisfaction makes us the first choice for commercial real estate insights and transactions in South Florida.
REAL ESTATE INCLUDED
Tampa, FL
$9,000,000
Hollywood, FL
$1,500,000
Fort Lauderdale, FL
$3,200,000
Pinellas County, FL
$525,000
St Lucie County, FL
$865,000
Lakeland, FL
$419,000
Jacksonville, FL
$950,000
Palm Beach County, FL
$1,200,000
$199,000
Fort Myers, FL
Palm Beach County, FL
$875,000
South Miami Heights, FL
$280,000
Miami, FL
$700,000
Hollywood, FL
$850,000
Pasco County, FL
$199,000
Palm Beach County, FL
$295,000
Holly Hill, FL
$25,000
Miami, FL
$700,000
West Palm Beach, FL
$100,000
Miami-Dade County, FL
$849,000
$875,000
Homestead, FL
Florida
$2,400,000
Palm Beach County, FL
$45,000
Delray Beach, FL
$385,000
Hialeah, FL
$380,000
Manatee County, FL
$395,000
Sarasota, FL
$400,000
Florida
$190,000
Tampa, FL
$249,900
John ( Jean ). Rolland
Destinations Realty
Serving Palm Beach County, FL
Orlando, FL
$400,000
Broward County, FL
$295,000
$1,072,000
Orlando, FL
Florida
$1,700,000
Hialeah, FL
$130,000
Polk County, FL
$1,825,000
Escambia County, FL
$290,000
REAL ESTATE INCLUDED
Pensacola, FL
$450,000
Pembroke Park, FL
$199,000
Lee County, FL
$395,000
Auto repair, automotive maintenance, and auto body shops are always in demand. Even as automotive technology advances, cars will always need repair, service, and maintenance.
If you are looking to buy or sell an auto repair or service shop business in Florida, it is important to have some context on pricing, valuation, and financial performance of these businesses. Below we have aggregated listing data from Florida, surfaced key financial metrics, and derived valuation multiples.
For in-depth valuation data, see:
Auto Repair & Service Business Valuation Benchmarks.
Market Overview
|
Number of Businesses Analyzed |
154 |
|
Median Asking Price |
$524,250 |
|
Median Reported Revenue |
$636,856 |
|
Median Reported Earnings |
$175,525 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Florida Auto Repair and Service Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.47 |
2.05 |
|
Median |
0.82 |
2.62 |
|
Upper Quartile |
1.31 |
3.60 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
FAQs
How much does it cost to buy an auto repair and service shop in Florida?
Prices vary depending on shop size and financial performance, but the median asking price for an automotive repair and service business in Florida is approximately $524,250.
How much do auto repair shop owners earn?
On average, auto repair business owners in Florida report median annual sales of $636,856 and annual owner earnings of $175,525. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value an auto repair and service business?
Valuing an auto repair business involves considering several factors, including annual revenue, profit, shop size, and services provided. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Auto repair and service business revenue multiples in Florida typically range from 0.47 to 1.31, with the median at 0.82. Earnings multiples range from 2.05 to 3.60, with the median at 2.62. These values suggest a typical auto repair business in Florida will sell for around 0.82 times its annual revenue, and 1.31 times its annual owner’s earnings.
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