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Auto Repair Services

SIC 7538 | NAICS 811111


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



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





Industry Analysis, Trends, Statistics, and Forecasts


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

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

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


Automotive Service Association

AutoInc. Magazine
https://www.autoinc.org/
Bimonthly trade journal features news and information for automotive service owners and managers, with special features including the annual "How's Your Business?" survey which provides information on sales, orders, and profits compared to prior year, average number of vehicles serviced per month, average ticket charge, types of work performed, specialty services, and biggest business challenges.



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

First Research profiles cover key aspects of an industry's size, scope, and operations and include a five-year growth forecast. Profile contents include:

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


Babcox Media

Shop Owner Magazine
https://www.shopownermag.com/
Monthly trade magazine features news and information for owners of independent auto repair shops, with topics covered in the publication including shop management and operations, customer service, sales and marketing, recruiting qualified technicians, training and technology, finance and insurance, and equipment outlays. Current and prior digital editions of the publication can be viewed free online.


UBM LLC
Motor Age
https://www.searchautoparts.com/

Monthly trade journal features news and information for automotive service professionals, with topics covered in various issues including business management, service operations, technical knowledge, technician training, and shop profiles highlighting best practices. Current and prior digital editions are accessible free online, with free digital subscription and e-newsletters available for qualifying parties.


Lang Marketing Resources, Inc.
Lang Aftermarket Annual Report
http://www.langmarketing.com/

Annual study provides in-depth analysis of various aspects of the automotive aftermarket, with topics covered in the study including automotive service market volume, service market outlet performance by type of outlet (e.g., service stations/garages, vehicle dealers, auto parts stores, tire stores, foreign specialists, and discount/mass merchandisers with bays), and outlet share of service market growth.


Freedonia Group
Automotive Repair & Maintenance Services
https://www.freedoniagroup.com/

Freedonia Focus market research report analyzes the U.S. market for the automotive service sector, with data provided in the study including historical and forecast revenues by type of service rendered (e.g., general mechanical, transmission, muffler and exhaust system, car wash and detail, oil change and lubrication, body, paint, interior, and glass, and others including brake, diagnostic, and electrical).


Mintel Group Ltd.
Auto Service, Maintenance, and Repair - US
https://store.mintel.com/

Consumer research report provides in-depth analysis of the auto service market, with topics covered in the study including market size and forecast, factors affecting demand, vehicles serviced by model year, service location (e.g., dealership, independent shop), reason for choosing a location (e.g., trust, brand, warranty, cost, and location), car owner maintenance behavior, and desired facility amenities.


More Resources ››



Financial Statements and Financial Ratios



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

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and 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
  • Capital structure and debt service ratios


IBISWorld
Auto Repair Services
(see links for individual reports)

Financial benchmarking section of this report provides an analysis of industry income and expenses as a percentage of revenues for organizations that provide repair and maintenance services for cars, trucks, vans, and SUVs, with vehicle components typically serviced by these organizations including engines, transmissions, brakes, electrical systems, heating systems, mufflers, and exhaust systems.


More Resources ››



Compensation and Salary Surveys


PayScale
Automotive Repair
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as general manager, service manager, service advisor/writer, automobile mechanic, and automotive technician, with employers for which salary or hourly wage data is provided including The Pep Boys-Manny, Moe & Jack, Firestone Complete Auto Care, Midas Inc., and Meineke Car Care Centers, Inc.


U.S. Bureau of Labor Statistics
Automotive Repair and Maintenance
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel employed by companies that provide repair and maintenance services for cars, trucks, vans, and SUVs, with components serviced by these firms including engines, transmissions, brakes, tires, wheels, electrical/electronic systems, heating/cooling systems, mufflers, and exhaust systems.


More Resources ››



Business Valuation Resources


Small Business Valuation Multiples

Auto Repair Shops
https://valuationresources.com/

Comprehensive reference guide provides market-based valuation multiples for small businesses that provide maintenance and repair services for automobiles, trucks, vans, and sport utility vehicles, with vehicle components typically serviced by these businesses including engines, transmissions, brakes, tires, wheels, electrical/electronic systems, heating/cooling systems, mufflers, and exhaust systems.








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