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GWG Wheels, Inc.

Other Automotive Mechanical and Electrical Repair and Maintenance · New Hyde Park, NY

GWG Wheels, Inc. is a business in New Hyde Park, New York, listed under other automotive mechanical and electrical repair and maintenance, with 5 to 9 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $310K to $910K.

This page was built from public U.S. government records (Small Business Administration and Census Bureau). It was not created by this business and contains no information from Value Alpha users. How it works · Request removal

Public record

Industry
Other Automotive Mechanical and Electrical Repair and Maintenance (NAICS 811118, as reported by the business)
Location
New Hyde Park, New York
Staff
5 to 9 people (as reported in 2020 to 2021)
Local rank
#10 of 23 businesses in New Hyde Park listed under automotive repair and maintenance, by staff size (2020 to 2021)
Registration
Active (as of October 2026)
Formed
December 7, 2007
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Automotive Repair and Maintenance with 5 to 9 staff, bought 2023 to 2026. Based on 277 purchases.

Loans used to buy them

$260K to $770K

Middle loan about $500K

Estimated purchase prices

$310K to $910K

Middle price about $590K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of GWG Wheels, Inc..

Financials of businesses like this

Average revenue

$1.1M

a year

Average payroll

$292K

28% of revenue

Average staff

6.4

people

US averages for other automotive mechanical and electrical repair and maintenance with 5 to 9 staff, 2022 (621 businesses). These are not GWG Wheels, Inc.'s own figures; its own revenue and profit are what a valuation needs.

Value GWG Wheels, Inc. on Value Alpha

Buying, selling or advising on GWG Wheels, Inc.? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

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Automotive Repair and Maintenance in New York: the sale report

Sale ranges by staff size and how to value one, by email.

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Questions

How much is a business listed under automotive repair and maintenance worth in New York?
From 2023 to 2026, businesses listed under automotive repair and maintenance with 5 to 9 staff sold for about $310K to $910K, with a middle price of about $590K, based on 277 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about GWG Wheels, Inc.?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of GWG Wheels, Inc. get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

Similar businesses in New Hyde Park

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