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Joe Marconi

Average Age Of Body Shop Owners

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The 2013 Industry Profile is featured in the May Issue of BodyShop Business magazine. There is a lot of great information. The shop owner profile caught my attention. Sixty percent of body shop owners are between the ages of 50 and 64 and the average years in business is 31.6. This stat is very similar the mechanical shop owners.

 

This indicates an aging group of shop owners. The survey did indicate that 86% of body shops are family owned, so many of these shops will someday be taken over by a family member. It will be interesting to see how this plays out in the next decade or so.

 

For those nearing retirement age, what are your plans for your body shop? Who will take over? Will you sell?

 

 

 

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