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As of 2024, there are approximately 290,000 auto repair shops in the United States representing a total market size of $188.1 billion. But how profitable really are auto repair shops? How much do you really need to invest to start one? How much turnover do you (really) make on average with an auto repair?
In this study, we look at the financial data from over 3,300 real auto repair businesses in the United States to give you real, up-to-date answers to these questions.
The data is from 2023 and publicly available. It includes the revenue, costs and profit data of 3,300 auto repair businesses of some of the largest 20 franchises in the US (Carstar, Fix Auto USA, Car-X and the like).
Whether you’re considering starting your own auto repair shop or looking to understand the financial dynamics of the industry, this article offers a detailed look at the key factors that influence profitability and return on investment.
We’ll be diving into a few questions specifically:
Analyzing data from about 2,800 real businesses, we found that auto repair businesses make $1,226,000 in revenue per year on average.
Of course, revenue from one auto repair to another vary widely depending on various factors such as location, services offered, and business scale. Here is the detailed data:
| Franchise | Number of Businesses | Median Revenue |
|---|---|---|
| Tire Pros | 623 | n.a. |
| Carstar | 430 | $2,265,000 |
| Fix Auto USA | 178 | $2,391,000 |
| Car-X | 145 | $778,000 |
| Merlin Complete Auto Care | 24 | $1,150,000 |
| Tuffy Tire and Auto Service | 163 | $1,344,000 |
| Abra Auto Body & Glass | 57 | n.a. |
| Honest-1 Auto Care | 64 | $1,149,000 |
| Maaco | 398 | $1,281,000 |
| Meineke Car Care Centers | 705 | $897,000 |
| Rad Air Complete Car Care | 10 | $1,102,000 |
| Weighted Average Revenue | 2,797 | $1,225,778 |
On average, it costs between $235,000 to $1,348,000 to start an auto repair shop. We heard you, that’s a big range. Well it obviously depend on a lot of factors.
Now, before we look at what kind of startup costs you can expect, let’s have a look at the detailed data from the same 3,000 businesses below:
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