Feb 18, 2025 | Auto Parts Store, Business Valuation, Selling a Business
If you are considering selling an auto parts store, you must first understand its value. Business owners often choose to sell so they can retire, start something new, or pursue other goals. No matter your objective, a valuation for selling an auto parts store is key...Read More »
Apr 17, 2024 | Auto Parts Store, SBA Financing, SBA Lender, SBA Loans
Auto parts stores sell a wide variety of new and used vehicle parts and accessories. According to IBIS World, the auto parts retail industry can expect healthy growth in the coming years. This is ideal if you are preparing to start, buy, or expand an auto parts store....Read More »
Jul 25, 2023 | Auto Parts Store, Business Valuation
For new enterprises, it can be difficult to build a successful auto parts store. This is for various reasons including increased consolidation activity and growing competition. According to IBIS World, nearly 60 percent of the market share in this industry is...Read More »
Nov 16, 2022 | Auto Parts Store, Valuation Multiples
Auto parts stores within the United States sell auto parts and accessories, as well as repair automobiles and install automotive accessories. This industry is slowly growing as the average age of vehicles and vehicle miles increases. With over 43,000 auto parts stores...Read More »
Oct 21, 2022 | Auto Parts Store, Business Appraisal, Business Valuation, Valuation Multiples, Value Drivers
A well-run auto parts store can serve as an excellent wealth-building investment. Auto part stores that focus on providing customer service can develop stable revenue growth. Additionally, consistent cost management can lead to increased margins and sustainability....Read More »
