{
  "meta": {
    "publication": "Acquidex Intelligence",
    "docId": "AQX-IR-AUT-2026Q2",
    "vertical": "Auto Repair",
    "period": "Q2 2026",
    "sampleWindow": "Q2 2026 public market-rate sweep",
    "lastUpdatedISO": "2026-07-14",
    "sourceUrl": "https://acquidex.com/intel/auto-repair/atlas/q2-2026/diligence",
    "methodology": "Acquidex v1.0",
    "itemCount": 4,
    "severityCounts": {
      "critical": 2,
      "high": 2,
      "medium": 0
    },
    "disclaimer": "Informational only. Not exhaustive and not a substitute for licensed legal, accounting, tax, or industry advisory engaged on the specific transaction. Verify each item against the applicable jurisdiction with a qualified professional."
  },
  "items": [
    {
      "index": 1,
      "severity": "critical",
      "pillar": "earnings-quality",
      "pillarLabel": "Earnings Quality",
      "category": "Labor normalization",
      "title": "Normalize owner-master-tech labor",
      "whyItMatters": "Seller production labor can materially overstate SDE.",
      "whatToCheck": "Owner hours · technician pay rates · RO mix · diagnostic workload"
    },
    {
      "index": 2,
      "severity": "critical",
      "pillar": "transferability",
      "pillarLabel": "Transferability",
      "category": "People",
      "title": "Verify technician and service advisor retention",
      "whyItMatters": "Shop throughput can fall immediately if key staff leave.",
      "whatToCheck": "Roster · tenure · comp plan · retention conversations · non-solicit terms"
    },
    {
      "index": 3,
      "severity": "high",
      "pillar": "fundability",
      "pillarLabel": "Fundability",
      "category": "Assets",
      "title": "Inspect equipment and deferred capex",
      "whyItMatters": "Immediate capex reduces fundable cash flow.",
      "whatToCheck": "Lift records · scan tools · alignment equipment · maintenance logs · subscriptions"
    },
    {
      "index": 4,
      "severity": "high",
      "pillar": "fundability",
      "pillarLabel": "Fundability",
      "category": "Compliance",
      "title": "Review environmental records",
      "whyItMatters": "Used oil, solvents, and waste vendors can create lender friction.",
      "whatToCheck": "Waste manifests · vendor contracts · permits · insurance · lease use clause"
    }
  ]
}