Automotive
Financial summary
Comparable pricing
fairly pricedComparable Automotive businesses sell at a median of 3.1x SDE, based on 439 listings. This one asks 3.2x, about 3% from that median. At the comparable median it would price ~$871K.Methodology refines over time.Comparable Automotive businesses sell around $871K vs this $899K ask.
Methodology refines over time.
SBA financeability
Businesses in automotive repair & dealers are commonly SBA-financed. The figures below are the industry-category norm from SBA 7(a)/504 lending, a gauge of how financeable a deal like this tends to be.
Automotive Repair & Dealers benchmarks
Typical SBA leverage
70%
Industry charge-off
1.2%
Common term
10 yr
Median loan
$250,000
Active lenders in this category: The Huntington National Bank, U.S. Bank, National Association, Live Oak Banking Company.
Based on 15,276 SBA loans · source: SBA 7(a)/504 FOIA, as of 2026Q1 · industry-category level.
Detailed information
high SDE margin and priced below 1.5x revenue.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
This is a rare opportunity to acquire a profitable, turnkey business that includes a fleet of 20 TLC licensed vehicles. With New York State no longer issuing new TLC licenses, the value of these licenses has skyrocketed, each valued at approximately $30,000. The new owner will receive all 20 licenses along with a well-established business that is already generating impressive profits. Key Highlights: Modern Fleet: All 20 vehicles in the fleet have been purchased within the last three years, ensuring they are in excellent condition. They have been meticulously maintained and have successfully passed multiple inspections.\r\n Steady Income: Each vehicle comes with a rental contract for the next year, signed with experienced drivers who have been thoroughly vetted for their excellent driving records. The business also maintains a waiting list of additional drivers eager to rent these vehicles.\r\n Low Overhead: This business is managed entirely over the phone, eliminating the need for costly office space. The current owners have secured favorable accounts for discounted repairs, maintenance, and insurance, providing the new owner with immediate cost-saving benefits.\r\n Smooth Transition: The current owners are willing to stay on for 3-4 months to ensure a smooth transition and to train the buyer on the day-to-day operations of the business.\r\n High Demand: With the scarcity of TLC licenses and the growing demand for rental vehicles in New York City, this business is poised for continued success.\r\n This is a perfect opportunity for someone looking to run a profitable business from home with minimal effort. Don’t miss out on this chance to own a lucrative business in a market where opportunities like this are increasingly rare. Act now, as this offer won’t last long!
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