How many auto repair shops are there in the USA?
In the first quarter of 2020, there were about 164,000 auto repair and maintenance centers in the U.S., an 0.8 percent increase on the previous year. Between the second quarter of 2010 and 2020, the industry has added more than 6,500 establishments.
How many independent auto repair shops are there in the US?
Independent auto shops — of which there are more than 160,000 in the United States — have always relied on minor repairs, such as oil changes and new tires, to get customers in the front door.
How big is the collision industry?
The U.S. automotive collision repair market size was valued at USD 33.75 billion in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 1.5% from 2019 to 2025. Transport authorities and local governments in the U.S. have made it mandatory for car owners to carry an active car insurance policy.
How many Gerber body shops are there?
With more than 500 locations, there’s likely to be a Gerber near you, with hours to fit your busy schedule. We know that a lot is riding on your vehicle repair – your family’s safety, your work commitments and your freedom.
Is Gerber Collision a franchise?
(the “Company”), directly and through subsidiaries, is one of the largest operators of non-franchised collision repair centers in North America in terms of number of locations and sales.
How many employees does Gerber Collision have?
1,500 employees
How long does Gerber Collision take?
Most repairs can be completed in 30 minutes or less. Actual time may vary depending upon climate conditions and the extent of the damage.
What brand of paint does Gerber Collision use?
PPG operates in more than 70 countries around the world and is Gerber’s paint supplier. I-CAR: The I-CAR Gold Class® designation is the highest training level recognized in the collision industry.
Who did Gerber Collision buyout?
The Boyd Group Inc.
Does Allstate own service King?
Service King has been repairing Allstate customers’ vehicles for more than 30 years and is part of Allstate’s Good Hands Repair Network of more than 3,200 prequalified repair shops across the country that offer excellent service and high-quality options for collision repair.
Who is the owner of Caliber Collision?
Mark Sanders – President and CEO – Caliber Collision | LinkedIn.
Who bought service King?
The Carlyle Group
Is Service King a franchise?
Major franchise operators in the collision repair industry include CARSTAR and FIX Auto. The franchise model is very different from the approach of the Big 4 consolidators — The Boyd Group, Caliber Collision, ABRA and Service King — that predominately buy and sometimes build locations.
Is Service King being sold?
The sale price could be upward of $2 billion, according to the Bloomberg article. Blackstone Group bought a majority stake in Service King in 2014. Carlyle Group – which bought a controlling interest in Service King in 2012 – retained a minority stake. Today, Service King says it has 309 repair centers in 23 states.
Who started Service King?
founder Eddie Lennox
How much is service King worth?
“Wall Street and private equity have decided that the collision repair business is worth looking at.” The Washington-based Carlyle Group initially bought a majority of Service King in 2012, selling most of its stake to the Blackstone Group in a deal in 2014 that The Wall Street Journal said was valued at $650 million.
How many locations does Service King have?
335 locations
Did Gerber Buy Service King?
with purchase of 9 SoCal auto body facilities. Major U.S. national rivals Service King and Caliber already have significant footholds in California, as do major national franchisor rivals CARSTAR and Fix Auto. …
How many locations does Caliber Collision have?
States we Serve Our topnotch collision repair services can be found at more than 1,100 convenient Caliber Collision locations all across the United States.
How many employees does Service King have?
6,500 employees