Hi - I'm an experienced small business owner. Thinking about venturing into auto repair. There are several folks about my age (68) I know that are burned out and want to retire. I can get a combo of seller finance and SBA.
What kind of numbers should I expect? in SF Bay Area so wages are sky high but matches billing.
I run a boutique lending business now that has about a 30% gross margin, 20% net. I've done one roll up in another niche. Thinking that's the play here.
Feedback? Anyone want to share a horror story? Thanks!
Any general financial metrics for an auto repair business? What's "normal"?
by a searcher
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
32 views
5 comments
Sign in to see all replies.
Create an account.