By CRM staff
Toronto, Ontario -- March 13, 2019 -- This week, Collision Repair will publish a series of pieces highlighting key findings from of a major report from AutoHouse Technologies on the performance of Canadian collision facilities in 2018. Today, in the second part of the series, we take a closer look at some of the big takeaways from the report's look at sales and gross profit in Canadian repair facilities.
In its in-depth analysis of the Canadian collision industry, AutoHouse Technologies found that the average facility's had monthly sales of $244,000 in 2018, 5.4 percent over 2017--well above inflationary levels. Unfortunately for business owners, increases in sales have not contributed to a healthier bottom line. Overall, average gross profit levels dipped by 0.1 percent in 2018 compared to the previous year.
The report also found that labour and parts accounted for the lion's share of sales, at 42.9 percent and 41.7 percent respectively.
For more information on regional differences between sales volume and gross profit between the average facility in Eastern and in Western Canada and the average amount paid by customers vs. insurers, check out the full report.
To download your full version of the 2018 Benchmark Report today, visit autohousetechnologies.com/benchmark-2018-subscription.
For more information on AutoHouse Technologies and generis, visit autohousetechnologies.com.