First of all you need to educate yourself about this business and how to run it properly.This will take some time. This training will be integral to the success of the business moving forward.You also need to learn about the franchisor and how a transition to a new owner will occur.When you buy an existing franchise…
Without any experience in automotive you’ll want to be sure the shop is properly staffed. For example if the old owner did a lot of diagnostic work who does it now. If he writes most of the service, how does it now. Also so you said it’s a chain, what does that mean? Franchise? Are the any fees? Is is there an advertising fee for…
Thank you, Tom.
Seller used to be heavily involved with customers and worked as service advisor. He also had 40 years of experience as mechanic, so was able to diagnose and help people out when he took their cars for test drive.
I will research the directories for help.
I am looking to purchase an existing auto repair and was looking for some guidance.
I don’t have any experience being a mechanic or running a auto repair shop before. I will be getting some training during the transition from the current owner to handle the business side of things. There are 2 mechanics currently working at the shop and ha…[Read more]