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Auto Repair Services

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SIC 7538 | NAICS 811111

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 sections or scroll below to view available resources:

Industry Analysis, Statistics, Trends, and Forecasts

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources


For guides to other industries, see our index of over 400 industries.




Industry Analysis, Statistics, Trends, and Forecasts


Auto Repair Services  (view report)
Auto Maintenance & Repair Franchises  (view report)

Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Key statistics
  • Market size and characteristics
  • Current performance
  • Competitive landscape
  • Major companies
  • Key risk and success factors
  • Five-year growth forecast


ASA
Information resources available from this trade association include:

ASA Magazine
http://www.autoinc.org/
Monthly trade association publication features news and information for shop owners and managers, with topics covered including business management, technical information, and legislative and regulatory issues. Selected articles from current and prior issues can be viewed online.

"How's Your Business?" Survey
http://www.autoinc.org/hows-business/
Annual survey covers independent collision and mechanical service and repair shops, with topics covered including company and owner characteristics, sales volume and trends, profitability trends, types of parts used, and primary sources for parts. Current and prior year survey results are accessible online.


Automotive Repair and Maintenance
http://www.firstresearch.com

First Research profiles cover key aspects of an industry's size, scope, and operations, recent news and developments, business challenges, issues, trends, and opportunities, and include a five-year revenue growth forecast. Profiles are updated quarterly and include:

  • Industry overview
  • Recent developments
  • Critical issues and challenges
  • Business trends and opportunities
  • Executive insights
  • Financial information
  • Five-year growth forecast


Babcox Media
Information resources available from this organization include:

Shop Owner
http://www.shopownermag.com/
Monthly trade magazine features news and information for owners and managers of independent shops, with a primary focus on management topics such as shop operations, marketing, financing, insurance, personnel, and training. Digital editions of the magazine are available online.

Underhood Service
http://www.underhoodservice.com/
Monthly trade magazine features news and information for shops which derive the majority of their revenue from under-the-hood work, with topics covered including business management, shop operations, new products, and technical information. Current and prior digital editions are accessible online.


Advanstar Communications, Inc.
Information resources available from this organization include:

Motor Age
http://www.searchautoparts.com/motorage
Monthly trade magazine features news and information for automotive service business owners, managers, and technicians, with topical sections including shop management, customer service, financial, marketing, and training. Current and prior digital editions can be viewed free online.

Auto Service Franchise Study / Independent Shop Study
http://www.searchautoparts.com/special-reports
Special reports analyze sales and gross margin trends on an overall basis and by specific product categories for franchise and independent shops based on a survey of "Motor Age" magazine readers, with product categories covered including brakes, batteries, fuel pumps, filters, belts and hoses, starters, alternators, and water pumps. Summary articles and full studies can be viewed free online.


SBDCNet
Auto Repair Business
http://www.sbdcnet.org/
Small business market research report provides a summary overview of the business, with topics covered including industry trends, customer demographics, business startup costs, industry trade associations, and additional sources and references. Report can be viewed free online.

Freedonia Group
Automotive Repair & Maintenance Services
http://www.freedoniagroup.com/
Research report analyzes the U.S. market for these services, with information provided including historical demand and forecasts by system (e.g., exterior, structural, mechanical, electrical, and electronic) and provider (e.g., new car dealers, general service facilities, body shops, and other providers). Summary description and detailed table of contents are available free online.

Mintel Group Ltd.
Car Service: Maintenance and Repair - US
http://store.mintel.com/  Search for "car service"
Market research report provides in-depth analysis of the U.S. market, with topics covered including market size and forecast, market segmentation, retail channels (e.g., car dealerships, franchised and independent shops, and mass retailers), market drivers, marketing strategies, and more. Detailed table of contents which includes key points from the report can be viewed free online.

GIA Research
Automotive Repair and Maintenance Services
http://www.strategyr.com/
Comprehensive report provides in-depth analysis of the motor vehicle repair and maintenance services market in the U.S. and other countries, with segments analyzed including general repair, transmissions, exhaust systems, oil and lubricants, body painting and repair, and windshield and window replacement. Summary description and detailed table of contents are available free online.



Financial Benchmarking Data


Industry Financial Ratios
Auto Repair Services
http://www.bizminer.com  Search for "811111"

Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow analysis, and key financial and operating ratios, with detailed financial benchmarking data available by sales size range on a national, state, and metro area level.

  • Expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Debt service and capital structure ratios


Automotive Repair and Maintenance
http://www.firstresearch.com

Financial information section of these profiles includes common-size income statement and balance sheet data and key financial ratios for the most recent annual reporting period, with average financial measures reported for all companies and by sales size range for small (under $5 million), medium ($5 million to $50 million), and large companies (over $50 million). Sample report can be downloaded and viewed online.




Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Automotive Mechanics and Technicians
http://www.bls.gov/ooh/
Information provided for this occupational category includes a description of the nature of the work and the work environment, number and types of jobs, education and training requirements, wages and earnings, employment outlook, and sources for additional information. All information is available free online.



Business Valuation Resources


Small Business Valuation Multiples
Auto Repair Shops
http://valuationresources.com/

Comprehensive reference guide provides market-based business valuation multiples for small businesses in more than 200 industries. Valuation multiples are derived from actual business sales transactions as reported by BIZCOMPSĀ®, with the primary focus on small companies priced at less than $1 million.


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