Automotive
Financial summary
Comparable pricing
20% below marketComparable Automotive businesses sell at a median of 3.1x SDE, based on 439 listings. This one asks 2.5x, about 20% below that median. At the comparable median it would price ~$1.9M.Methodology refines over time.Comparable Automotive businesses sell around $1.9M vs this $1.5M 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
low multiple, priced below 1.5x revenue and strong SDE.
Linked page lives on the broker site, not on OpenAcquisitions.
Key points
Business description
\r\n Business For Sale: Established Tire Shop Groton, CT – Profitable with Strong Market Presence \r\n \r\n Overview: An exceptional opportunity to acquire a well-established and profitable auto accessory and tire shop with over 35 years of successful operation. This business offers a diverse range of services, including tire sales from leading brands, auto repair services, U-Haul rentals, and a variety of auto accessories. With a solid reputation for quality products and excellent customer service, this business is poised for continued success under new ownership. \r\n \r\n Key Business Highlights: \r\n \r\n \r\n Diverse Offerings: \r\n \r\n \r\n A wide selection of tires, including premium brands such as BFGoodrich®, Michelin®, Goodyear, Bridgestone, and more.\r\n \r\n U-Haul rentals and a robust selection of auto accessories, providing multiple revenue streams.\r\n \r\n \r\n \r\n Strong Financial Performance: \r\n \r\n \r\n 2024 Gross Sales: $2,271,361\r\n \r\n Net Profit: $610,000, reflecting strong profitability and operational efficiency.\r\n \r\n \r\n \r\n Established Reputation: Over three decades of operation have earned the business a loyal and expanding customer base.\r\n \r\n Competitive Rent: At only $6,000 per month, the current rental agreement offers favorable terms for continued profitability.\r\n \r\n \r\n Reason for Sale: The current owner is retiring after years of building a successful business. This sale presents a fantastic opportunity for a new owner to take over an established business with strong financials, consistent revenue streams, and a solid reputation in the market. \r\n \r\n Ideal Buyer: This business would be perfect for an individual with a background in auto repair and/or tire repair skills that is NOT afraid to get their hands dirty. \r\n \r\n Opportunities for Growth: \r\n \r\n \r\n Expanding marketing efforts to target a broader customer base.\r\n \r\n Increasing service offerings or introducing new products to enhance revenue streams.\r\n \r\n Has CT Auto repair License, but does NOT do Repairs\r\n \r\n Has CT Auto Rental license, but only has 1 rental car \r\n \r\n Exploring further partnerships with local businesses or fleets for ongoing, consistent work.\r\n \r\n \r\n Contact Information: For more details, including financial specifics, or to schedule a confidential discussion, please contact: 718-640-4523 \r\n
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