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How Much Is Auto Repair Shop Insurance?

January 24, 2024 by Emily Lee

How Much Is Auto Repair Shop Insurance? For the automotive repair industry, the average profit margin is between 20-28% for parts and 50-65% for labor. In order to maximize your profit margins, you either need to increase your revenue or decrease your costs. Why do auto repair shops charge so much? Breaking Down Parts and

How Much Automotive Repair Franchise?

January 24, 2024 by David Evans

How Much Automotive Repair Franchise? Between 2015–2020, the average profit margin for major automotive companies worldwide was nearly 7.5%. Profitability varies from company to company, but generally, premium car brands, like BMW, will observe higher profit margins than general and budget brands. Are auto repairs profitable? For the automotive repair industry, the average profit margin