“Should I Open A Car Repair Shop?”
Opening a car repair shop takes a lot of work and a considerable amount of financial investment. Given this, why should anybody open a car repair shop? There are actually several really good reasons.
What Goes Into Opening A Car Repair Shop?
Opening a car repair shop opens the door to a remarkably lucrative industry. There’s a lot of money in car repair. However, opening a car repair shop is far from a get-rich-quick scheme. It takes a lot of hard work. You have to know—or learn—how to repair cars. You’ll need to hire some staff. You’ll need to find a suitable location and you’ll need to the money to pay for a location that’s big enough to support the number of bays you want. Not only does this take a lot of time and effort, it takes a lot of money.
How Much Does It Cost To Open A Car Repair Shop?
Costs can vary significantly based on location. Real estate and advertising cost a lot more in densely populated urban and suburban areas than they do in lesser-populated suburban and rural areas. Typical start-up costs range from $65,000 all the way to $165,000. At Tuffy Tire & Auto Service, we look for franchise partners with a minimum net worth of half-a-million dollars and liquid assets of at least $150,000.
It’s quite rare for somebody to open a car repair shop without some sort of financing, that’s why we can connect prospective franchise partners with third parties who can issue the necessary loans. All of this is to say that opening a car repair shop is not cheap. But it is worth it. At Tuffy, the median level of gross sales for franchise locations that have been open for at least two years and which have at least six bays is nearly a million dollars.
Choosing The Right Car Repair Shop To Open.
The above figures apply only to Tuffy franchise locations. Not all car repair companies do as well. Tuffy has a long list of successful franchise locations and we help our franchisees as much as possible. We offer intensive initial training courses, ongoing support, marketing support, protected territories, and we have a preferred vendor program that allows our franchisees to purchase high-quality replacement parts and equipment at reduced prices.
Tuffy Tire & Auto Service
If you’re looking to open a car repair shop, you owe it to yourself to contact Tuffy Tire and Auto Service. We offer the best car repair franchises in the industry and we are looking for qualified candidates to expand our brand. If you’d like to learn more about how to become a Tuffy franchise partner, please contact us via our website or call (800) 228 – 8339.Back