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Is a body shop or collision center a decent investment?

I see several with very good "stated" net incomes, but is this a good industry to get involved in?

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The BAF Group LLC

I can be, but I would stay away from those that do a lot of custom work; they don't do as well as those that deal with straight collission repair.

I have sold about eight of them in the last five years. I have also turned another three away, because they were poor performers. There are a lot of issues, but they are well worth looking into. But as with all business purchases, know what you are getting into, and do your research on the deal, carefully.

Oct 17, 2010