Auto Body Shop Purchase - Due Diligence

December 31, 2023

by a searcher from University at Buffalo, State University of New York - School of Management in Long Island, New York, USA

Hello everyone!

I'm currently acquiring an Auto Body Shop and would greatly appreciate any insights or expertise from professionals experienced in due diligence within the automotive industry. I'm based in the New York area and am seeking guidance on examining cash-heavy businesses like Auto Body Shops, I'm eager to identify potential issues or challenges before finalizing the purchase.

If you have experience or knowledge in this area, I'd love to hear your advice on evaluating financial records, understanding customer contracts, or any other relevant aspects of the business.

Your insights will be incredibly valuable in shaping this journey. Please feel free to drop any tips or recommendations below. Thank you in advance for your help!

Reply by a searcher
from The University of Chicago in Philadelphia, PA, USA

I'd be curious if there is a technology element to your thesis with an opportunity to improve the customer experience. The call-based lack of clarity around drop off and pick up seems like an area where scheduling software could improve matching demand and resource planning.

Reply by a searcher
from Cornell University in Chatham, NJ, USA

Old thread but Hnu, did you end up buying the auto body shop? I'm looking at one now and would love to talk to someone who has bought one.

+11 more replies.

Join the discussion