Hammer Group Holdings LLC is a leading firm in the Northeast that represents independent collision repair shops for acquisition. Our portfolio includes over 50 collision repair businesses in key areas of NY, NJ, PA, CT, and MA, and it continues to grow as we are regularly contacted by new shops in previously uncovered areas.
The combined revenue of the businesses we represent is over $95 million in gross sales, and they consist of over 475,000 productive square footage of indoor collision repair space, along with 650,000 square feet of outdoor storage for vehicles with the proper zoning.
► Firstly, this region consistently tops the lists of consumers that purchase luxury automobiles, with 10% of all vehicles registered being late model luxury and higher-end vehicles.
► Secondly, more vehicles are repaired in the Northeast region rather than totaled.
► Finally, year after year, New York State alone averages over 430,000 accident insurance claims filed worth over $2,000,000,000 in insurance dollars.
Hammer Group Holdings LLC has identified several barriers to entry that have prevented major consolidators from significantly penetrating this market. Strict zoning laws in the region make building new collision repair shops or repurposing existing buildings too costly and time-consuming. Additionally, the absence of a viable platform in the targeted area has been a significant challenge. The region is highly fragmented, and multi-shop operators (MSOs) are few and far between. Our portfolio of collision shops is appealing to our targeted buyers because it gives them an immediate four to five-year advantage over their competitors.
Fortunately, Hammer Group Holdings LLC has created a unique and unmatched means to instantly control a significant portion of the Northeast collision repair market. Moreover, 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, presenting please feel free to Contact Us.