Corporate Guaranty from Crash Champions (600+ Locations)
– Crash Champions was founded in 1999 in Chicago, IL. Part of “The Big 5”, Crash Champions is the third largest collision repair provider with 600+ locations across the United States.
– Today they are the nation’s largest founder-led automotive repair brand in the country. Backed by private equity firm Clearlake Capital, in 2022 Crash Champions merged with Service King and integrated 336 of their locations.
– In an effort to adapt to the rapid innovation across the automotive industry, Crash Champions continues to expand their line of LUXE | EV Certified repair centers. LUXE | EV Certified is a premium line of service specializing in electric vehicle (EV) and luxury OEM factory-certified repairs.
13+ Years of Term Remaining | Absolute NNN Lease
– Over 13 years remaining on initial lease term with two, five-year options to extend, demonstrating long-term commitment to the site.
– Zero landlord responsibilities, making this a completely passive ownership opportunity.
– The lease offers rental increases of 5.00% every 5 years throughout the base term and 10.00% every 5 years in the option periods.
San Antonio, TX – Income Tax Free State – Robust Job Creation
– Hiring across various industries will continue to advance as the metro expands. Some of these positions will likely be related to Eagle Ford, one of the largest oil and gas producing formations in the world. – Strong Population Growth
– The metro maintains population growth and household formation above the national level, highlighting the need for additional housing options.
– The metro is expected to add more than 153,000 people through 2028, resulting in the formation of roughly 62,000 households.
Recession and Internet Resistant Industry
– The U.S automotive collision repair industry was valued at $33.79 billion dollars in 2023 and has a projected compound annual growth rate of 2.80% through 2031.
– Most U.S households (91.7%) had at least 1 vehicle in 2022 (latest available data) and 22.1% of households had three or more vehicles.
– Historically high interest rates combined with strong inflation and fewer affordable new vehicle options make the market challenging for most car buyers.
– The growth in vehicle ownership, affordability of new vehicle ownership, and the growth of the collision repair industry itself suggests a strong and safe investment during any economic environment.
