Should I sell my shop to a big private equity group or a local buyer?
Large groups often pay well for strong shops, but they may change the name, the systems and the people. A local buyer usually keeps more the same.
If this sounds like youA big group reached out, and you're not sure what selling to them would mean for your shop.
What you can do.
Large private equity group
Often more money for top shops, more change after.
Local buyer
Keeps it local and familiar, may pay less up front.
Local family company
Lotus sits in between: local, long term, and keeps the team.
What to watch for.
- Ask what happens to your team and name.
- Read the fine print on earn outs and staying on.
- Ask who you'll answer to after the sale.
Owner to owner, and it stays private.
Lotus is a small, local, family run group. We keep shops local, keep the people, and hold them for the long term.
Talk to JamesQuick answers.
Do private equity firms buy small repair shops?
Some do, often as part of a larger group. The shop usually changes over time.
Will a local buyer pay less?
Sometimes, but the deal may be simpler and better for your team.
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