Auto repair shops in Illinois sell for 2x to 3.5x SDE on average. A shop generating $200,000 in SDE might sell for $400,000–$700,000 depending on equipment condition, lease security, staff quality, and whether the business is dependent on a particular technician or owner-mechanic.
Equipment and Real Estate
Lift count, alignment equipment, diagnostic tools, and air compressor systems are all included in valuations. Shops that own their real estate often have a higher total transaction value — and buyers frequently want the real estate sold separately or leased back at favorable terms.
Franchise vs. Independent
National franchise auto repair locations (Midas, Meineke, AAMCO) sell differently from independents. Franchises provide brand recognition and marketing support but require franchise approval of the buyer. Independent shops with strong Google reviews and long-standing customer relationships can command similar multiples without the franchise fee overhead.
SBA financing is widely available for auto repair shops, making them accessible to a broad range of buyers. A well-documented shop with 3 years of clean tax returns is in strong shape to attract qualified, financed buyers.