You want to sell your paint shop? Then it's good to know what the takeover market in the field of paint shops looks like.
The number of consolidations in the world of body repair, which includes paint shops, is currently above average.
There are many ways to value a business. A common method of expressing the value of a business is "a factor x gross annual profit." This factor is also called multiple and another designation for gross annual profit is EBITDA (Earnings Before Interest Taxes Depreciation and Amortization).
In the automotive sector, to which a paint shop belongs, an indicative range of EBITDA multiple of 3.8 to 4.5 is currently used, according to the Brookz Takeover Barometer. The average EBITDA multiple across all SME sectors is 4.90.
The valuation of a business is often the starting point for negotiations between buyer and seller. The outcome of these negotiations is the final sales price. So valuation and price are two different quantities. Besides valuation, the price is also determined by possible scarcity in the market, bargaining power of the parties, the strategic value of the business for the buyer and possible synergy effects for the buyer (cost savings, purchasing advantages).
Do the calculationWant to buy a business or sell a business in the Automotive, Transport & Logistics sector? With this Brookz Sector Monitor, we want to present buyers and sellers with facts, figures and an outlook that provide insight into the number of transactions, the value development of businesses and the latest trends and developments in the Automotive, Transport & Logistics. Because in every buying or selling process, thorough preparation gives peace of mind, overview and structure.
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There are many startups in the market every year, so the number of businesses with one person working is very high.
In figures, the number of paint shops looked as follows in 2024(CBS):
With this online training from Brookz you are optimally prepared to largely sell your business yourself: 25 Powerpoint videos, a comprehensive valuation report, legal model contracts, handy templates, checklists and expert support. Plus 50% discount on listing your business on Brookz!
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A number of trends and developments will inevitably cause changes over the next few years, but also offer paint shops many growth and acquisition opportunities:
Painting cars is one thing, but there is a lot more to be earned in the field of body repair. It is essential for entrepreneurs in the automotive industry to expand revenue models because the automotive industry is changing. Without expansions, entrepreneurs risk falling behind consumer demand, according to Rabobank.
The number of leased cars on the road is rising, so there is less for car companies to earn on painting, denting and upholstering. As a result, business owners need to get creative with the range of services and products to create new revenue models.