Auto Repair Shop Feasibility Study in the Jacksonville, FL Metro Area

Jacksonville repair shops: large loans, thin share

Mechanical repair ranks seventh locally in Jacksonville, 7 of 39, and the metro stands 48 of 660 nationally, with a location quotient of 0.78x that puts shops below their national weight. The loans, though, are large. Across the book the median reads $387,000. Nationally that reads 1.65x, and the loans of the middle half fall from $185,825 to $753,600. SBA recorded 42 loans and $24.0 million from FY2017 to FY2026, with 504 financing used on a minority of them.

Of the 42 loans, 31 ran through 7(a) and 11 through 504; franchise flags sit on 21.4%. Auto repair here means mechanical work on cars and trucks together, with collision, paint, interior and glass shops filed under other codes, which obliges a study to say what kind of bay it is testing. Duval County, FL holds 27 loans and St. Johns County, FL 7, so a shop outside those two counties has no local precedent here, and the cell prints no lender table because no holder reaches the listing threshold. With no holder shown, a borrower's comparison of lenders has to come from elsewhere.

Loss floor and years

Of the FY2017 to FY2024 approvals, 18.2% at minimum ended cancelled. Jacksonville repair carries no printed charge-off rate, and a blank is not zero. Only three years carry a count: 5 loans and $2.2 million in FY2020, then 8 loans and $4.7 million in FY2021, then 6 loans and $3.8 million in FY2024. The other Jacksonville years sit under Loan Analytics' small-count rule and stay blank. A loan whose project county cannot be matched by name to the 2023 delineation is left out of every metro, Jacksonville included.

What a Jacksonville shop study has to test

Vehicle counts, fleet age and household income in the trade area open the work, followed by the balance of routine maintenance against heavier repair and the local supply of technicians. The $387,000 median sits inside a middle half that runs from $185,825 to $753,600, so a small bay and a large one can both be typical here. Land, lifts and diagnostic gear are budgeted against the $387,000 figure, and bay throughput has to service the debt. Valuation keeps the property and the shop business apart.