I am curious to see if any of the other shop owners on here have offered the parts counter personnel at the local parts stores kickbacks for referring customers to your shop. Also if so what do you all offer them?
I definitely understand where you are coming from about payments and new cars. However the customers we target are people who tend to keep cars longer and repair them. We hardly ever see the 3yr swap customer because they have warranties and depending on your local dealers they attempt to scare customers into thinking they have to service thier vehicles at the dealer to keep t…Read More
Thank you for the responses I am definitely taking this all into consideration. I will contact Oklahoma to see if I can get that demographic. Also I should have probably been clearer, I plan to open as a domestic primary and work at training technicians on EVs as soon as possible due to market projections for EV sales. At this time I know there I not a huge EV following in my ar…Read More
So I’m in the planning stages of opening a shop and as i perform my research I am finding that there is a gap in EV repair. I know that there is not quite a large market in my area at the time but I’ve heard by 2030 over 25% of all cars will be EV. So what will shop owners do? EVs do not require your typical maintenance items that get that first time customer in the door. Also there a…Read More
I have attached how I am getting my sales numbers and a cash flow. Also I filled out the spreadsheet Tom wanted to see. I appreciate all the help I have received and i feel like I have some solid numbers
Thank you for the reply. This was simply an idea I just had yesterday. I have done tons of market research in the areas I want to open a shop but I just do not have enough capital for that at the moment. I have not checked into the legality or requirements of taxes quite yet. I do know however that there are a handful of mobile techs in the area and the only reason I kno…Read More
Thank you all for the replies. I have put a lot of thought into this and I definitely do not have enough capital to put a down payment on a loan and float all my bills for a year at this time. However I have thought about another avenue that would be less money involved and a good start. I was thinking of hiring mobile techs as contractors and paying them $70 a flag hour. They su…Read More
Tom, that you for the budget sheet I am currently working on it now.
Roebigd, I was kinda figuring that my numbers might be high for the first year. Also to help drive new customers I have been intruding myself to the residents in the area getting feedback of what they would like to see from an automotive repair shop and asking them to follow us on Facebook for updates as we open up…Read More
Okay I’ve adjusted down to 4 techs and am assuming 60 cars a week at 2.2 hours per ro at an ELR of 102. I have attached my new P/L for first 3 years