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Follow on Google News | NY Metro Area Regional Platform of Collision Repair FacilitiesAs of today, Hammer Group Holdings LLC is the leading known firm representing collision repair shops for acquisition in the Northeast. To the best of our knowledge, this is the only platform of this magnitude available for sale in the nation.
The Tri-State region is a highly profitable market for body shops for a number of reasons: • This region consistently tops the lists of consumers that purchase luxury automobiles. In fact, 9% of all vehicles registered in New York Metro Area are late model luxury and higher-end vehicles. • More vehicles are repaired in New York metro area rather than totaled, than any other state. • New York State alone had over 430,000 accident insurance claims filed worth over $2,000,000,000 in insurance dollars which puts them as 3rd highest in the nation. Hammer Group Holdings LLC has determined that major consolidators have not yet penetrated this market due to a number of barriers to entry. One challenge is that strict zoning laws in the region make building new collision repair shops or repurposing existing buildings too costly and time-consuming. Available body shop space in the New York Metro area decreases by a rate of five to six percent yearly because of residential and commercial property development. Another challenge is that before now, there was no viable Platform in the targeted area. This region is extremely fragmented. MSOs (multi-shop operators) are few and far between. This platform we have developed is appealing because it gives our targeted buyers an immediate four to five year advantage over their competitors. Fortunately for our partners, Hammer Group Holdings LLC has created a unique and unmatched means to instantly control a significant portion of the New York Metro Area collision repair market. Additionally, many of the shop owners included in this platform are leaders in this region's collision repair market and have agreed to remain after the point of sale to operate this large network of shops. If you are interested in learning more about the opportunity Hammer Group Holdings LLC is presenting please feel free to contact us http://www.hammergroupholdings.com/ End
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