Asset Sale
Essex County, NJ
Auto Repair and Service Shops For Sale in New Jersey
Market Info
Buy or Sell an Auto Repair and Service Shop in New Jersey
Auto repair and service shops listed for sale on BizBuySell include a wide range of automotive service businesses, including general auto repair garages, specialty shops (brakes, exhaust, alignment, smog testing, and diagnostics), auto body and collision repair centers, tire and lube shops, mobile detailing and repair services, and franchised automotive service brands, with some listings including owned real estate, equipment, or established fleet accounts. These businesses typically operate on a service based, transactional model, generating revenue through per repair labor charges, parts sales, inspections, and recurring maintenance visits, with additional stability coming from commercial or fleet contracts and repeat local customers.
| Market Overview | Listings for Sale (Median) | Total New Jersey Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 24 | 2,873 |
| Asking Price | $649,500 | - |
| Reported Revenue | $832,000 | $1,349,983 |
| Reported Seller's Discretionary Earnings | $170,000 | $155,431 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
For more in-depth sales and profitability data see:
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $293,750 | $649,500 | $1,737,500 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Auto Repair and Service Shops for sale in New Jersey.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $416,054 | $88,416 |
| Median | $832,000 | $170,000 |
| Upper Quartile | $2,200,000 | $411,000 |
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 in New Jersey.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.51 | 2.00 |
| Median | 0.71 | 2.80 |
| Upper Quartile | 1.14 | 3.65 |
FAQ's
How much does it cost to buy an Auto Repair and Service Shop in New Jersey?
The median asking price for an established Auto Repair and Service Shop in New Jersey is $649,500, though prices range from under $293,750 to well over $1,737,500.
How much do Auto Repair and Service Shops owners in New Jersey earn?
The median reported revenue of Auto Repair and Service Shops in New Jersey is $832,000 and owners earn a median of $170,000, 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 in New Jersey, revenue multiples range from 0.51 to 1.14, with a median of 0.71. Earning multiples range from 2.00 to 3.65, with the median at 2.80. This means the typical Auto Repair and Service Shop in New Jersey may ask for around 0.71 times its annual revenue, and 2.80 times its annual owner earnings.
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