Auto Repair Shop Feasibility Study in the Dallas-Fort Worth-Arlington, TX Metro Area

Auto repair in Dallas-Fort Worth

Dallas-Fort Worth shows 299 auto repair loans in SBA files for FY2017 to FY2026, worth $202.3 million. The area ranks 4 of 660 for the class, while the class ranks 8 of 39 inside the area, a mid-table position. The location quotient is 1.08x, close to the national share. Dallas County has 105 loans, Tarrant 76, Collin 52, Denton 39, Rockwall 8, Kaufman 6 and Ellis 5.

What stands out is a median of $400,000, which is 1.70x the class median nationally; the interquartile band covers $150,000 to $870,000, so even the smaller loans are sizeable. Texas auto repair borrowers here finance larger operations than the national typical shop. Of the 299 loans, 279 were 7(a) and 20 were 504, and the franchise share is 19.4%.

A class that includes truck repair

The class code for auto repair is shared: truck repair shops are indexed under the same code as car repair. A truck shop can sit beside a neighborhood car shop in the figures, which may widen the quartile range. Whoever writes the study must name the kind of shop at issue before leaning on the blended average.

Holders and outcomes

Live Oak Banking Company and PNC Bank, National Association each hold 20 loans, worth $17.4 million and $10.5 million. The Huntington National Bank shows 17 worth $8.8 million, JPMorgan Chase Bank, National Association 13 worth $5.2 million and Wells Fargo Bank National Association 13 worth $3.1 million. Holders are those SBA records for loans held now or earlier, never a statement of lender practice.

Cancellation floor: 11.0%, measured on approvals through FY2024. Charge-offs so far total at least 9.5% across a 126-loan cohort. Auto repair in Dallas-Fort Worth leaves two cells blank on purpose: the ceiling on cancellations and the five-year charge-off figure, both withheld, and withheld never means zero. A study should test technician supply, bay utilization, parts and equipment cost, the lease or real-estate basis, and coverage at the requested loan. Treat the area totals as a floor on what lending in the region has been. Shops in Dallas, Tarrant, Collin and Denton counties reach the 299 only through a match between the loan's project county and the July 2023 delineation, which means a repair loan carrying an unreadable county never enters the Dallas-Fort Worth total, leaving 299 as a minimum.