Rochester, NY
Auto Repair and Service Shops For Sale in New York
Market Info
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Jonathan Nappa
First Choice Business Brokers of Manhattan
Serving Onondaga County, NY
Founded in 1994, First Choice Business Brokers is one of the largest Business Sales Organizations in the world, with multiple offices located throughout the U.S. listing over $7 billion worth of businesses. Our New York City office consists of 1 Principal, 3 Associates, and administrative personnel. In addition, we have a select team of professional service providers we can recommend that can provide legal, accounting, planning, financing and various other services. First Choice Business Brokers is a member in good standing with the Better Business Bureau (A+ Rating). The FCBB office is located in Manhattan which covers the entire New York and New Jersey Regions. The Principle Broker, Gregory J. Carafello, has over 38 years of extensive Business Ownership experience as a small to medium sized business owner since 1998.
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Business & Real Estate For Sale | 457 Southern Blvd, Bronx NY
Real Estate Only
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Buy or Sell an Auto Repair and Service Shop in New York
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 York Market (Average) |
|---|---|---|
| Number of Businesses Analyzed | 73 | 5,112 |
| Asking Price | $650,000 | - |
| Reported Revenue | $1,000,000 | $1,604,182 |
| Reported Seller's Discretionary Earnings | $220,775 | $174,475 |
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 |
|---|---|---|
| $395,000 | $650,000 | $1,550,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Auto Repair and Service Shops for sale in New York.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $694,000 | $155,000 |
| Median | $1,000,000 | $220,775 |
| Upper Quartile | $1,750,000 | $324,741 |
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 York.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.50 | 2.09 |
| Median | 0.78 | 2.80 |
| Upper Quartile | 1.18 | 3.77 |
FAQ's
How much does it cost to buy an Auto Repair and Service Shop in New York?
The median asking price for an established Auto Repair and Service Shop in New York is $650,000, though prices range from under $395,000 to well over $1,550,000.
How much do Auto Repair and Service Shops owners in New York earn?
The median reported revenue of Auto Repair and Service Shops in New York is $1,000,000 and owners earn a median of $220,775, 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 York, revenue multiples range from 0.50 to 1.18, with a median of 0.78. Earning multiples range from 2.09 to 3.77, with the median at 2.80. This means the typical Auto Repair and Service Shop in New York may ask for around 0.78 times its annual revenue, and 2.80 times its annual owner earnings.
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