Dec 27, 2023 | Automotive Repair, Business Appraisal, Business Valuation, Equipment Appraisal
Buyers, sellers, and financers rely on equipment appraisals to make informed decisions. An equipment appraisal is crucial for determining the fair market value of equipment. In this guide, we discuss how to obtain an automotive repair equipment appraisal. This...
Nov 1, 2023 | Auto Mechanic Shop, Automotive Repair, Business Valuation
Auto mechanic shops provide repair and maintenance services for cars, trucks, vans, and trailers. This includes a wide variety of services such as scheduled preventative repair and maintenance, powertrain repair, brake repair, etc… According to IBIS World, there are...
Oct 11, 2023 | Automotive Repair, Business Valuation
The automotive repair industry has struggled in recent years. An industry report on IBIS World notes that automotive repair shops in the United States have seen a decline in revenue and profit. If you are looking to buy, grow, or sell an automotive repair shop, this...
Jul 31, 2023 | Automotive Repair, Business Valuation, Valuation Multiples
The automotive repair industry has experienced slight revenue and profit decline over the past several years. This is a result of various factors such as poor economic conditions and lower travel rates. Moving forward, IBIS World predicts that the automotive repair...
May 14, 2023 | Accounting, Automotive Repair, Construction, Courier and Local Delivery Service, e-commerce, Financial Advisory, Retail Trade, SBA Loans
Peak Business Valuation works with small businesses from over 70 different industries for an SBA loan. In the following paragraphs, we highlight several of the main industries/businesses that Peak serves. These are common industries for an SBA loan. Whether you are...
May 7, 2023 | Automotive Repair, Business Appraiser, Business Valuation
The automotive repair industry has served vehicle owners for years. One report predicts that the number of vehicles is increasing and will continue to do so. Vehicle usage will also increase, causing a high demand for vehicle repairs. These circumstances are ideal if...
