MSOs continue to buy auto body shops at a record pace. Buy-sell transactions continue to hit multi-year highs. The largest consolidators continue to break records, reaching new highs every day in sales and the number of locations under management.
The rapid pace of expansion of the largest companies in the industry have lead many business owners to wonder what their shop may be worth. While the specific terms of these transactions are confidential, business sale expert Brad Mewes reviews price and multiples for transactions in the industry. Using these multiples is a quick and easy way to estimate the value of your business.
Brad also discusses how to increase your multiple, and how to make your business more attractive to buyers. If you have ever wondered what your shop may be worth, or what the current auto body shop selling multiple is, read the full article here.
