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Automotive Detailing Business Valuation Formula: |
| This is a general business valuation formula for small auto/car detailing businesses based on a percentage of annual gross revenues that can be used to help determine an approximate value and asking price. |
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Business Valuation Formula: Approximately 40 to 50% of annual gross sales + inventory |
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Broker Comments: I have found that small mobile auto detailing businesses are popular with first time small business buyers for a number of reasons. This includes the fact that they are generally affordable, easy to learn and operate, have low over head expenses, and can generally be operated from a home office. |
| Broker Tips: Don’t name your business after your self. Ex: “Mikes’s Mobile Auto Detailing”. For a number of reasons I have found it’s much easier to sell a business that’s not attached to the owner’s personal name. |
| Need a business valuation or appraisal report for legal, personal, or selling purposes? Request a free & confidential preliminary business valuation consultation about your established auto service business here. |
