How much is my auto repair shop worth?
A shop's value mostly comes from the profit it makes and how steady that profit is. The building, if you own it, is valued on its own like any commercial property.
If this sounds like youYou've built something, and you want to know what it would bring before you decide anything.
What you can do.
Profit the shop makes
The biggest driver. Buyers look at what's left after paying everyone, including a fair wage for the owner.
How steady it is
Repeat customers, a good team and clean books raise the value.
Equipment
Lifts, alignment rack, scan tools and how old they are.
The building
Valued separately, based on location, size and condition.
What to watch for.
- A shop that depends on the owner every day is worth less.
- Messy books lower offers.
- Don't count the building twice.
Owner to owner, and it stays private.
James has run shops for nearly thirty years and Nicole is a CPA, so we look at your numbers the way an owner does. We'll walk the shop and the building and tell you straight what we see.
Talk to JamesQuick answers.
How do buyers value a repair shop?
Mostly on yearly profit, adjusted for the owner's pay, with the building valued on its own.
Does owning the building make my shop worth more?
It's worth more in total, but the building is usually priced separately from the business.
Thinking about what comes next for your shop or building?
Reach out and we’ll talk it through. No pressure, and the conversation stays private.
james@lotuspe.us