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BIZBITE

Wheel Repair Business

Curb rash, bent rims, and powder coating make for quietly durable cash flow

Bottom line

Worth studying, but do not buy without strong local proof.

Wheel repair shops refinish, straighten, weld, powder coat, and repaint damaged alloy wheels for dealerships, body shops, tire stores, and retail drivers. The surprising angle is that cosmetic wheel damage is common, insurance-adjacent, and much cheaper to repair than replace, which creates an easy sales pitch. Dealers especially like the business because a repaired wheel can lift used-car gross profit fast.

66
Acquisition score
Strong

Avg Revenue

$900K

Profit Margin

24%

Acquisition Multiple

2x - 4x

Startup Cost

$40K - $180K

How It Works

Customers drop off damaged wheels or the shop picks up from dealership and body-shop accounts. The operator strips, straightens, welds, machines, repaints, or powder coats the wheel, then returns it for reinstall. Revenue comes from per-wheel jobs, wholesale dealer accounts, and upsells like color changes or CNC finishes.

Revenue Range

Low End
$250K
Typical
$900K
High End
$1.8M

BizBite underwriting snapshot

Watch / verify

Wheel Repair Business has enough high-level data for a first look, but BizBite has not assigned a category-specific operating model yet. Treat the score as preliminary.

41
Speculative / 100
Data confidence
medium
52/100
Financing fit
medium

Category-level fit before lender-specific diligence.

Confidence cap
78

Weak source data caps the final score.

Why it may work

  • +SBA dataset shows 85 recent comparable loans

Be careful

  • !Source link status has not been verified yet
  • !No last-checked date yet
  • !No category operating model yet
  • !No category model yet

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 811121 · Automotive Body, Paint, and Interior Repair and Maintenance

Deals tracked
215
85 in last 24 mo
Median loan
$711K
$265K–$1.4M p25/p75
Implied deal size
$837K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
30
$150K–500K
54
$500K–1M
54
$1M–2M
45
>$2M
32

Deal Flow Over Time

12-month momentum
+83.3%
deal volume vs prior 12 mo
Median loan Δ
+70.3%
55 recent · 30 prior

Financing Profile

Median rate
9.50%
15% fixed · last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
0%
of loans secured
Median jobs
8
supported per deal
Top lenders in this space
The Huntington National Bank21
Live Oak Banking Company20
Pinnacle Bank7
First Internet Bank of Indiana7
Manufacturers and Traders Trust Company7
Where deals happen
CA21
MI14
FL14
TX13
OH11
NJ11
MN10
CO9
NY9
WA9
Franchise vs independent
Franchised acquisitions finance at $496K median vs $730K for independents — a -32% franchise discount. Franchises make up 11% of deals tracked.

Recent Comparable Deals

ClosedStateLoanImplied deal
Mar 2026MI$799K$940K
Mar 2026CA$2.4M$2.8M
Mar 2026TX$2.8M$3.3M
Mar 2026AZ$1.7M$2.0M
Feb 2026CA$329K$387K
Feb 2026KS$416K$489K
Feb 2026NC$711K$837K
Feb 2026CA$825K$971K
Feb 2026NY$3.9M$4.6M
Jan 2026IN$749K$881K
Volume rank #36/544Deal-size rank #262/544Momentum rank #58p90 loan: $2.5MData as of Mar 2026

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Strong repeat business from dealerships and tire shops
  • +Repairs are much cheaper than full wheel replacement
  • +Low footprint compared with many automotive service businesses
  • +Can add mobile service or wholesale pickup routes over time

Cons

  • -Quality control matters because bad finishes trigger costly rework
  • -Revenue can dip if dealer relationships weaken
  • -Specialized equipment and paint workflow require discipline

Best For

Operators who like B2B automotive accounts, tangible before-and-after work, and modest capex

Operating Costs

BizBuySell search snippets show one Spokane wheel repair shop with roughly $967K gross profit and about $242K adjusted net income, while a Kwicksilver-style operator showed about $99K cash flow. Main costs are technician labor, powder coating and paint materials, rent, and equipment upkeep.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$3K/mo
after debt service
Deal price — $1.4M
Range: $1.4M (2×) to $4.5M (4×+)
Down payment — 15% ($203K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 9.50%
SBA median for this category: 9.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$203K
15% equity injection
Loan amount
$1.1M
85% SBA-financed
Monthly payment
$15K/mo
$634K total interest
Monthly profit
$18K/mo
at 24% margin
Monthly cash flow after debt service
+$3K/mo
Down payment paid back in ~65 months

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell – Wheel Repair Business

Search result snippet highlighted a Spokane wheel repair business with 2024 gross profit and adjusted net income disclosed

BizBuySell – Kwicksilver Licensee Example

Search result snippet referenced wheel straightening, repair, and powder coating with cash flow disclosed

Wheel Repair Specialists

Industry operator showing the common service mix of refinishing, straightening, welding, and cosmetic repair

66/100Strong

Acquisition Score

Profit margin
16/30
Entry multiple
21/25
Market depth
11/20
Risk (charge-off)
8/15
Deal momentum
10/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
3/5
Buy price
$1.8M$3.6M

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