Auto Body Shop Purchase - Due Diligence

by a searcher from University at Buffalo, State University of New York - School of Management

6 months ago

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!

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11 comments

searcher from The University of Chicago - Booth School of Business

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.

6 months ago | like reply | 1 like

lender from Rochester Institute of Technology

I have financed several auto shops, Very Familiar with Buffalo New York, RIT Alumni, Were fast and close loans at FIB,

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6 months ago | like reply | 0 likes

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