Auto Repair Shop Feasibility Study in the Oxnard-Thousand Oaks-Ventura, CA Metro Area

Ventura County repair shops borrow large

Mechanical repair ranks third locally in Oxnard-Thousand Oaks-Ventura, 3 of 39, with a location quotient of 1.34x, and the metro stands 47 of 660 nationally. The 44 loans and $29.8 million recorded between FY2017 and FY2026 are large for the class. $488,000 marks the midpoint here, 2.08x of the nationwide midpoint, bracketed by $150,000 and $742,500 for the middle half of loans. Every loan sits in Ventura County, CA.

Program tallies are 32 for 7(a) and 12 for 504. Loan Analytics withholds the franchise share because the cohort is too thin, and nobody should fill the gap with a guess. Collision, paint, interior and glass shops are excluded, while truck service is filed together with car repair; Ventura County numbers therefore describe mechanical shops alone.

The 504 holder

CDC Small Business Finance Corp. holds 6 of the 504 loans, $3.7 million in all. Lenders appear here only because SBA's file names them as current holders of loans in this cell. No 7(a) holder reaches the threshold for a listing.

No loss rate of either kind is printed here. For Ventura County repair, Loan Analytics leaves both loss rates blank, cancellation as well as charge-off, as the loans behind them are too thinly spread to support a figure, and a blank is not a zero. Printed years run FY2018 with 5 loans and $3.2 million, FY2020 with 6 and $9.6 million, FY2023 with 5 and $2.7 million, FY2024 with 5 and $1.1 million, FY2025 with 6 and $2.6 million and FY2026 with 6 and $3.9 million. FY2020 shows the most dollars on few loans. FY2017, FY2019, FY2021 and FY2022 are not printed.

What a Ventura County shop study has to test

Counting traffic and registered vehicles near the site comes first, then the mix of routine maintenance and heavier repair is tested, and technician supply is checked. Property cost, lifts and diagnostic equipment must be set against the $488,000 median, with bay throughput expected to cover the debt service. The appraisal treats the real estate and the operating business as two separate values, and an approval, if it comes, comes from the lender. The study should also state whether the borrower plans a car shop or a shop that takes heavier vehicles, since truck service sits in the same count. A loan joins the area through the county of its project, checked against July 2023 boundaries, and loans outside it never enter the Oxnard-Thousand Oaks-Ventura counts.