Underwritten
Edition No. 7 · No. 16 · the annex · Free edition

Auto repair shop

Anne Arundel County, MD · name withheld in the free edition Why no names?

DO NOT OFFERDo not offer at this price.Cheaper than 68% of 25 similar businesses.
Asking price$275kas listed
Revenue$318kas listed
SDE$127kas listed, a 40% margin
If a manager runs it-$114kto-$36kour rebuild, about 5 hrs a week
Hours with a manager~5 hrsa week, our estimate
Price over SDE2.2xsimilar listings: 2.3x
Contents

1Two ways to own it

If you run it
-$52kto$26k
~41 hrs / week · your own week, our estimate
Someone else runs it
-$114kto-$36k
~5 hrs / week · after paying a $63k manager
Does not pay a manager on our conservative view.

Both ranges are our estimate, not the seller's figure. Each starts at its careful end.

2The price and the verdict

2.2x the seller's SDE; the middle of similar listings is 2.3x.

Based on asking prices, not completed sales.

DO NOT OFFER2 critical red flags - the desk would not offer

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Why the desk would not offerPremium

Each one written out, with what would close it before an offer.

The original listing and the brokerPremium

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Questions for the brokerPremium

Written from the conditions and the open checks, in the order we would ask them.

What we could not establishPremium

What no document we found decides, and the document that would.

The model and the research trailPro

Five-year projections per basis with the downside, the scenario workbook, and every check with its evidence.

The full file

The name, why the desk would not offer, and the questions for the broker.

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1,000 listings screened, 5 published · Edition No. 7, 12 August 2026. We have no stake in whether any deal closes.

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