Auto Repair Shop Feasibility Study in the Rochester, NY Metro Area

The lightest loans in the group

Rochester's auto repair record is one of small loans. SBA approved 58 for $7.4 million between FY2017 and FY2026, and the midpoint of $51,450 is 0.22x the class's national midpoint. Loans in the typical range stretch from $25,000 to $125,000, so even the upper quarter of borrowers took out little. The location quotient of 1.11x says repair is a slightly heavier part of the metro's lending than nationally, and the class is 4 of 39 locally, 40 of 660 across metros.

Franchise and program counts are withheld

The franchise share and the 7(a) and 504 counts are all held back, so this page cannot say whether shops were franchised or which program financed them. The code covers car and truck mechanical repair together; body, glass and lube businesses are different industries.

Two named holders

Manufacturers and Traders Trust Company is listed on 20 loans worth $885,200 and ESL FCU on 17 worth $1.3 million. Between them they appear on most of the cell's loans, so the holder list is concentrated. Monroe County has 45 loans and Wayne County 5. Each holder entry reflects the present holder SBA records.

Years and the cancellation floor

FY2017 shows 12 loans and $1.3 million, FY2019 6 and $210,200, FY2023 6 and $2.0 million, FY2025 12 and $2.0 million, and FY2026 5 and $310,000. The remaining years are withheld. Cancellation after approval reached at least 17.1% for FY2017 through FY2024 approvals, which is a floor. The ceiling and charge-off figures are withheld.

A repair-shop study in the Rochester area

With loans this small, a study should be in proportion but it must still test the basics: the count of vehicles and repair shops in the trade area, bay and lift needs, technician wages, and whether snow-belt seasonality shifts work toward tire and brake jobs. It should test what the money buys, since $51,450 may only be an equipment purchase or a working-capital line. The cancellation floor suggests testing whether the schedule and the site are firm before an approval is relied on. Payment coverage should survive a thin winter month, and the appraiser will mostly see an operating business.