How To Start Your Own Tire Repair Shop in 5 Steps
If you want to open a tire repair shop, you’re thinking the right way. Business is always risky, but if you want to run your own business, there are fewer industries that are as “safe” as the tire repair business. The safety and surety of the investment into a tire repair shop is due, largely, to its massive customer base. There are countless vehicles out on America’s highways, boulevards, country roads, and cull de sacs every day. And they all have tires and they all need periodic service and repair. Therefore, wanting to open a tire repair shop is a wise and prudent desire. But what’s the best way to go about doing that? How does one open a tire repair shop?
How to Open a Tire Repair Shop: Step 1 – Franchise or Independent?
As a franchisee, you’re pretty much your own boss. But you still get some guidance, training, and support from a franchisor. Furthermore, provided you buy the right tire repair franchise, you get an established brand name, training and support, a protected territory (meaning another franchise location won’t open across the street), and a preferred vendor program, getting you great parts and equipment at reduced prices. Being fully independent is a fanciful option, but for most people, it’s just not practical.
How to Open a Tire Repair Shop: Step 2 – Location, location, location
To deal with location, you must first look at the macro and then micro level. Presuming you’re not looking to move to open your tire repair shop, you need to figure out which franchisors are looking to sell tire repair franchises in your city/area. Then, you should find one of those franchisors to work with you on finding the exact location. Tire repair shops aren’t like a sandwich shop or accountant’s office: you can’t stick them in just any minimal. You need some space.
How to Open a Tire Repair Shop: Step 3 – Who are your Customers?
The tire repair business is buoyed by the fact that its customer base covers everybody who drives. But such a massive customer base can make it difficult to profile your customers and figure out the specificities of what they want. But that doesn’t mean you shouldn’t try. Do some research on your city and area and try to figure out what kind of driving these people do. Are they city commuters or country drivers? What do they drive? Compact cars, luxury sedans, pickup trucks, or a mélange of everything? What’s the climate? Do people need snow tires? Answering these questions will help you figure out which parts and how many of each part you will be likely to need going forward.
How to Open a Tire Repair Shop: Step 4 – Financing
How will you fund the opening of your tire repair shop? Do you have all the necessary capital already squirreled away? Or do you require a loan? Top tire repair franchises can work with you to secure third-party financing.
How to Open a Tire Repair Shop: Bonus Step 5 – Contact Tuffy Tire & Auto Service
Tuffy Tire& Auto Service has been running successful franchise locations for decades. Before you go any further, you should talk to us to see if we’re looking for franchisees in your area. To contact us, please click here.Back