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Auto Body Shops

SIC 7532  /  NAICS 811121

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.


Select from the following resource categories or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Automotive Repair Shops
http://www.firstresearch.com
Profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, industry trends, risks, and opportunities, and include a five-year industry forecast. Profiles are updated quarterly and include:


BodyShop Business
Information resources available from this organization include:

Collision Repair Industry Profile
http://bodyshopbusiness.com/IndustryStatistics.aspx
Profile sections include insurer-repairer relations, market, operations, personnel, purchasing, and shop owner characteristics. Selected data from each profile can be viewed free online.

State of the Industry Report
http://bodyshopbusiness.com/StateOfTheIndustry.aspx
Report analyzes current market conditions and key trends and factors affecting body shops and includes a state-by-state breakdown of the collision repair market. Current and prior reports can be viewed free online.

BodyShop Business Magazine
http://bodyshopbusiness.com/Issue/
Trade publication provides news and information for auto body shops with topics covered including management, marketing, insurer relations, operations, personnel, and more. Selected articles from current and prior issues can be viewed free online.


Automotive Service Association
"How's Your Business?" Survey
http://www.autoinc.org/howsbiz.htm
Annual survey covers independent mechanical and collision repair shops, with topics covered including shop and owner characteristics, sales volume and trends, staffing and compensation, and customer demographics. Current and prior year surveys can be viewed free online.

Automotive Aftermarket Industry Association
Collision Repair Trends Report
http://www.aftermarket.org/eShop/catalog.asp
Study analyzes the size, scope, and composition of the collision repair market and the key factors which affect demand including number of vehicles, annual miles driven, roadway congestion, seasonal patterns, and weather conditions. Table of contents and executive summary can be viewed free online.

Auto Body, Paint, and Glass Repair
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:


IRS Audit Technique Guides
Retail Industry - Auto Body Repair
http://www.irs.gov/businesses/small/article/0,,id=108149,00.html
Guide contents include an overview of the industry and its business practices with primary focus on accounting and tax issues. Available free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Automotive Body Repairers
http://www.bls.gov/oco/ocos180.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

Industry Market Research Reports
Auto Body Repair / Collision Repair
http://www.marketresearch.com  Search for specific terms or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Auto Body Repair Shops
http://www.bizminer.com  Select "Repair-Other Services - 7532"
Industry statistics for auto body shops include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia, Euromonitor, Dun & Bradstreet, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Auto Body Repair Shops
http://www.bizminer.com  Select "Repair-Other Services - 7532"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for auto body shops. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample reports with detailed financial ratio analysis can be viewed free online.

PPG MVP Business Solutions
Collision Repair Shop Benchmark Report
http://ppgmvp.com/Services/Benchmark-Analysis.aspx
Custom financial analysis report analyzes labor, parts, and materials rates, gross profit margin, operating expenses, net profit margin, production efficiency, and more, with comparative analysis measures based on performance benchmark data from over 6,000 collision repair centers. Sample report can be viewed free online.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.




Compensation and Salary Surveys


BodyShop Business
Collision Repair Industry Profile
http://bodyshopbusiness.com/IndustryStatistics.aspx
Personnel profile section includes average salary data for various job positions and also includes information on typical staffing levels and fringe benefits offered to employees. Selected data from this profile can be viewed free online.

I-Car Education Foundation
Snapshot of the Collision Industry
http://www.ed-foundation.org/
Topics covered include shop and staffing characteristics, with a detailed focus on technician personnel.  Technician income and benefits section includes compensation and fringe benefits data broken out by shop size and job classification. Executive summary and full report can be viewed free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Automotive Body Repairers
http://www.bls.gov/oco/ocos180.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is free online.

JobStar.Org Profession-Specific Salary Surveys
Automotive
http://jobstar.org/tools/salary/sal-prof.php
Compensation surveys covering industry personnel. All data is free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.




Business Valuation Resources


Small Business Valuation Formula Multiples
Auto Body Shops
http://valuationresources.com/Misc/ValuationMultiples.htm
Report provides small business valuation formula multiples for auto body shops and more than 200 other industries. Valuation multiples are derived from market transactions as reported by BIZCOMPS®, with the primary focus on small companies priced at less than $1 million.

BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, MergerStat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.



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