charles longo
Forum Replies Created
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charles longo
MemberDecember 17, 2021 at 8:32 pm in reply to: Exit Planning is Crucial for Selling Your Auto Repair ShopAny suggestions on how to sell a thriving 68-year-old business in CT. Are there auto specialty brokers? Your comments are appreciated.
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In what part of the country are you looking?
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charles longo
MemberMarch 31, 2020 at 8:48 pm in reply to: GM complete brake line kits-labor times?In Connecticut with the rust problem that plagues every vehicle, especially trucks, we set a minimum at 10 hours. We are very clear to the vehicle owner that if bleeders don’t open, and additional time is required, the price will increase. We have had plow trucks that the repairs have escalated to almost $2000.00. We are currently replacing lines on a 2004 Silverado. The lines at the ABS module will no longer accept a wrench, size now unknown. Rear caliper bleeders will not open, and rear backing plates are long gone. This consumer is well aware that this is going to be a challenge and very expensive. Incidentally, NOT ONE owner every refused our proposal. Many shops in our area will not make these repairs, and many do it cheaper and very shoddy. The disadvantage of a state without an annual inspection.
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Jerry, I can’t find it on there website. Did you purchase in store?
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Thanks for your input
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charles longo
MemberOctober 11, 2018 at 9:35 pm in reply to: What are you guys using for floor soap?We use a powdered cleaner works well, needs a lot of water and scrubbing with a broom.
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Jay, Firstly I would recommend getting a very good banker and accountant involved. Not having a working knowledge of the business is not a huge problem, but it threatens you to become prey by your employees and customers. Will the current owner stay on for a period of time? Is it possible for you to work in the business before buying it? Are you purchasing business and property? Since it’s a chain will they provide training and financing? Use caution, and keep asking questions, best wishes.
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It’s a tough one. We inspect the entire car and advise. My conversation is the same; we just report the news, you decide what you would like to do. I think it’s best to do just the basic services requested, and OUT of the bay explain the needed items. This way their is no intimidation. I am finding that it’s hard to keep any customer, things are changing fast.
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charles longo
MemberDecember 15, 2014 at 9:19 pm in reply to: Survey – Holiday Schedules, Closed DaysIf anyone can make a profit between Christmas and the 2nd or 3rd week of January, let me know the secret.