Kissimmee, FL
$60,000
Kissimmee, FL
$60,000
Georgia
$4,650,000
New Braunfels, TX
$1,500,000
Sherman, TX
$1,100,000
Pompano Beach, FL
$699,999
Monroe County, MI
$300,000
Detroit, MI
$60,000
Genesee County, MI
$315,000
Warrenton, VA
$1,300,000
Murrells Inlet, SC
$89,000
Pine Plains, NY
$1,100,000
Rochester, MI
$370,000
Augusta, MT
$349,000
Texas
$2,500,000
Texas
$4,500,000
Wake County, NC
$1,900,000
Manjit Singh
MS Real Estate Inc
Serving Alameda County, CA
Manjit Singh Broker has provided California with exceptional brokering services.
Georgia
$1,700,000
Horizon City, TX
$4,395,000
Mckinney, TX
$7,400,000
Pinellas County, FL
$1,200,000
Volusia County, FL
$1,200,000
Edgewood, MD
$1,690,000
Van Nuys, CA
$130,000
Omaha, NE
$3,630,000
Rockledge, FL
$2,200,000
Westchester County, NY
$3,999,000
Saint Louis, MO
$2,400,000
Belvidere, IL
$860,000
Los Angeles, CA
$7,999,000
Medora, IL
$699,000
Helper, UT
$695,000
Ventura, CA
$1,100,000
Marlow, OK
$650,000
Cook County, IL
$6,900,000
Long Beach, CA
$999,000
Trotwood, OH
$295,000
Cody, WY
Danbury, NJ
$700,000
Blythe, CA
$4,500,000
Kula, HI
Holbrook, AZ
$3,000,000
Union City, CA
$1,000,000
Downey, CA
$1,900,000
Stockton, CA
Pauline Boudos
Keller Williams Preferred
Serving Cook County, IL
Stockton, CA
Kitsap County, WA
$6,500,000
Macon, MO
$675,000
Brookland, AR
$2,650,000
O'fallon, MO
$4,200,000
San Antonio, TX
$2,700,000
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.