REAL ESTATE INCLUDED
Palatine, IL
$5,400,000
REAL ESTATE INCLUDED
Palatine, IL
$5,400,000
Miramar Beach, FL
$139,000
REAL ESTATE INCLUDED
Houston, TX
$1,700,000
Miami, FL
$4,700,000
Miami, FL
$5,300,000
Dix Hills, NY
$325,000
REAL ESTATE INCLUDED
Nichols, NY
$5,200,000
Port Saint Lucie, FL
$359,000
Louisiana
$1,300,000
REAL ESTATE INCLUDED
Hazelwood, MO
$1,300,000
REAL ESTATE INCLUDED
Tyler, TX
$2,500,000
Richland County, SC
$215,000
REAL ESTATE INCLUDED
Rochester, NY
$695,000
Las Vegas, NV
$1,250,000
REAL ESTATE INCLUDED
Tonawanda, NY
$698,000
REAL ESTATE INCLUDED
Washington
$3,890,000
Kavita Purohit
River Brokers
Serving Richland County, LA
River Brokers is a premier commercial brokerage firm that provides investment opportunities throughout the United States. River Brokers is based in Atlanta, GA, serving clientele primarily in the Southeast. Visit our website at https://riverbrokers.com/
Scranton, PA
$1,500,000
Broward County, FL
$255,000
Old Bridge, NJ
$299,999
Iowa
Cash Flow: $2,104,745
Naples, FL
$450,000
Miami, FL
$1,650,000
Charlotte, NC
$95,000
Las Vegas, NV
$575,000
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.