How do I sell a muffler and exhaust shop?
Prepare the shop so a buyer can see it clearly: sales by type of job, a list of fleet and referral accounts, a count of pipe, mufflers and converters, a list of bending tools and their condition, your view of how the shop fits a changing mix of vehicles, and a plan for handing over your own bench work.
Buyers of a specialty shop want to understand it quickly. Exhaust work is a narrow trade, so the people who look at yours will ask pointed questions about what the shop does, who sends it work and what happens when you step away. You can answer most of them before anyone asks. Spend your preparation time on the records and the handover, not on repainting the sign.
Show the work by job type
Pull your sales apart by type of job: exhaust replacement, custom pipe work, and any brakes, suspension or general repair. A buyer who sees only a total will assume the worst about the mix. If the add-on work is healthy, say so and show it. If exhaust is nearly all of it, be ready to explain why that has held up in your area.
Document accounts and stock
Write down your fleet, dealer and referral accounts: who they are, how long they have sent work and who handles the relationship. Count your pipe, mufflers and converters, and note which items turn quickly and which have sat. List the bender and other tooling with its age and condition. Records like these let a buyer check the shop’s figures.
Explain the road ahead
Expect buyers to ask about electric vehicles, which have no exhaust. Have an honest answer ready on how you have positioned the shop, such as the vehicles and customers you serve and any services you have added.
Plan your handover
If you do the bending and welding yourself, tell buyers how long you would stay and how you would train a successor. Our answer on keeping a shop running well while it is for sale covers the months before closing.
Related reading
15 pages on the same subject, grouped by topic.
Selling
- GuideSelling an auto repair business in Canada
- Expert answerHow do I keep my auto repair shop running well while it’s for sale?
- Expert answerWhat costs come with selling an auto repair shop?
- Expert answerWhat customer and vehicle records come with an auto repair shop sale?
- Expert answerHow do I sell my coin shop?
- Expert answerHow do I sell a brake and alignment shop?
Buying
- Expert answerWill the technicians stay after I buy an auto repair shop?
- Expert answerHow do I check hoists and shop equipment before buying an auto repair shop?
- Expert answerFranchised or independent auto repair shop: what changes for a buyer?
- Expert answerHow do I tell what an auto body shop owner actually takes home?
- Expert answerHow do I find a brake and alignment shop for sale?
- Expert answerWhat should I check before buying a brake and alignment shop?
- Expert answerHow do I judge a diner’s grill, fryer and exhaust condition?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to minimize negotiations when selling your business
- 02Business Development Bank of CanadaGovernmentWhat is inventory
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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