"About 41% of Small Collision Repair Shops Feel Market Conditions Have not Improved Over the Last Year."

Oldsmar, Florida. Web-Est announced results of a recent survey taken on market conditions affecting the small collision repair segment of the industry.  The survey indicated most shop owners feel business conditions for the small shop market remain unchanged from the last six months compared to current sales & revenues.

Of the respondents, 41% stated business was the same as it had been most of last year: with no improvement.  About 32% stated the conditions have gotten worse.  On the brighter side, the survey results indicated 27% responded that the current market conditions have improved.

An overwhelming number of respondents, 50%, felt business is likely to return to "pre-economic down-turn" conditions by early 2009.  THe survey was taken from May 10 to May 15, which included over 800 shops.  Of the respondents, 74% identified themselves as having three of less employees.

To view the details of the survey, please view the most recent post on our Blog.