Good Reasons to Buy an Auto Repair Business
Auto Repair Produces a Good Income
Information from a database which tracks financial information on small business sales, shows that auto repair shops enjoy a median cash flow of over 20% of revenues. This means that if a shop has $750,000 in revenue it can generate an owner’s cash flow over $150,000. This is also a business which can thrive in any economic climate. During strong economies, auto repair shops can cater to both new and used car owners by offering standard maintenance and repairs for much better prices than those charged at auto dealerships. During tough markets, consumers are more likely to hang onto their cars longer, considering it more economical to pay for car repairs than to buy a new car.
ower than Average Purchase Price
It’s not uncommon for franchises or businesses in a variety of industries to carry price tags of 2 to 3 times the amount of the owner’s cash flow. According this is not true with auto repair shops which have an average cost of only 1.69 times the owner’s cash flow. This means that, on the average, an auto repair business generating $150,000 in owner’s cash flow sells for about $254,000. This makes buying an auto repair shop a much more affordable option for a business buyer.
Limited Cash Outlay
While operating an auto shop requires a certain amount of equipment and tools, owners do not have to worry about having their cash tied up in accounts receivable and extensive inventory. Auto repair shops operate on a pay-at-the-time-of-service basis and very few stock large inventories of parts. In most areas, parts can be obtained quickly from parts stores as the need arises.
Strong Industry Outlook
There are several trends which show that the outlook for independent auto repair shops is excellent. For one thing, the number of cars on the road continues to grow. It is estimated that there are over 247,000,000 vehicles registered in the United States and that number increases annually. With just a few exceptions, the number of cars has increased over 3.5 million each year since 1960, and there is nothing to indicate that this trend will change
Positive Competitive Landscape
Unlike many brick and mortar businesses, auto repair shops have not been replaced by internet businesses. This industry also faces little consolidation. While major auto dealers offer repairs, their market share has been shrinking. One reason for this is that auto dealers charge significantly more for auto repair work than do small car repair shops, and a Consumer Report survey found that customers who go to independent auto repair shops report a higher satisfaction level than those who visit an auto dealer for repairs. The independent market is highly fragmented and the typical auto repair shop may have just two to five employees.
As the temperatures plunge, certain types of engine oil may not flow as easily as they did when it was warmer. Makes sense, doesn’t it? Just like molasses gets thicker as the temperature goes down, engine oil does the same thing. So, maybe you’re wondering if you have to change your oil as the seasons change so it’s just the right thickness to lubricate your engine parts.
How well engine oil flows is called its viscosity. There are different types of oil—some that have just one viscosity and others called “multigrade” oils. Here’s the difference.
A single viscosity oil will flow better when it’s hot but not as well when it’s cold. A multigrade oil is engineered so that its flow properties at cold temperatures are different than they are at warm temperatures. In other words, a multigrade oil can start out in colder temperatures acting like a thinner oil and then behave like a thicker oil when it’s warm. That’s a pretty cool trick and it’s why multigrade engine oil is used in nearly all vehicles. Your vehicle’s manufacturer has the correct viscosity of oil for your particular model included in the owner’s manual.
Another choice you have to make when it comes to engine oil is whether you use conventional oil, synthetic oil or a blend of the two. Synthetic oils have some advantages over conventional, such as resisting breakdown better and withstanding higher temperatures.
Check with your service advisor to see which viscosity and type of oil is recommended for your vehicle. It’s important that in cold weather, the oil flows through your engine at the right thickness so that parts are being properly lubricated. That will make sure you’ll get good fuel economy and performance, no matter what the temperature is.
Things to Consider When Choosing a Mechanic
One of the best ways to choose your maintenance and repair mechanic? Word of mouth! Online sites like Yelp are good, but a great referral is golden!
Q: Is there a Master Technician on the premises?
A: You want to make sure that a factory-trained Master Technician is on site who provides oversight on all diagnostics, maintenance and repair jobs. One who is knowledgeable about the particular needs of older and newer models. All of the mechanics here have been mentored and trained under myself, a factory-trained Master Technician.
Q: Does the shop offer competitive prices?
A: At provide personalized attention, quality parts, convenience, efficiency, decades of experience, and prompt service all provided under great management at prices well below the dealerships. know you have a choice, but as your Lexus and Toyota auto mechanics, confident that boutique treatment and competitive pricing will steer you in direction where your needs never get lost in the shuffle.
Q: Does use genuine factory parts?
A: Quality shops use genuine factory parts. They last significantly longer and perform better. The parts at after-market stores, such as Pep Boys, may appear to be the same as those used at reputable independent shops, yet they are not! Those after-market parts are of a much lower quality than genuine factory parts that we purchase directly from the dealerships ourselves to meet the highest quality standard the business has to offer for your vehicle.
Q: Does the shop offer a warranty on labor and parts and is the shop licensed and insured?
A: stand behind work. This means will diagnose issues with your Lexus, Toyota, or other Japanese model vehicle, discuss your options, and make appropriate repairs. will never make repairs that have not been approved in advance by you. In the event something is not right, you have a full year to bring it back for adjustments to the original repair at no additional cost to you. are licensed and insured, so your vehicle is protected against any unforeseen incidents.
Experienced ASE Certified auto mechanic
Ford Factory training
Honda/Acura Factory training
certified staff help you.We’ll diagnose your check engine light, repair the problem, and get your car back to you in no time. are equipped to handle all auto repairs. devote our time to specialty training every month so are prepared to handle any vehicle that hows up on door step. Trust in expertise to repair your vehicle properly, the first time. Don’t be fooled by imitators, a lot of repair shops around us claim to be certified and attend regular training, but have no certificates on their walls. proudly display in the show room to show our commitment to excellent service.
Automatic Transmission Check
A vehicle with typical automatic trans have 4 and up to 5 forward gear-ratios, a Neutral, a Reverse and Park gear. With automatic trans, the shifting of gears happens automatically after the vehicle is in Drive and unlike a “stick shift” or Manual Trans and there’s no demand for a clutch or shift. Automatic transmission repair is advanced and complex work based on all the parts that it’s comprised of. Be sure to have any auto transmission problems correctly evaluated by a professional auto mechanic.
Check the Clutche
There are various kinds of clutches, in both manual & automatic trans cars. A clutch helps your vehicle start & shift gears smoothly. The clutch in your car can sometimes wear out.
“4” wheel Drive Transmission
A 4-wheel (4×4) driving vehicle does have specific gears, with both back & front axles, including an entire transfer case. Vehicles with 4 wheel drive require maintenance services on the front differentials, rear differentials, transfer case, and trans fluids
THE LIFE OF A CAR MECHANIC
Being a Car Mechanic is a great job, especially if you love cars. Being able to check out lots of cool cars and see their insides, how they are created and what features they offer is very interesting and exciting at the same time. There’s always something nice to be had when it comes to being a mechanic. Because you can learn something new, sharpen your skills and all these things are super interesting and fun.
What do you do as a Mechanic?
A Car Mechanic can do a whole lot of things. You can opt for an oil change car service, you can diagnose check engine lights, replace head or taillight bulbs, check the engine, make sure that the dashboard works, check the electrical system and so on. The Car Mechanic will basically handle all kinds of auto maintenance and auto repair tasks. That’s why more and more auto shops want to keep their Car Mechanics or at least hire new ones. It’s important and it really helps them make sure that results are great and the experience will be worth it.
What is the average pay for a mechanic?
The average pay for a mechanic will differ, but the median salary in the US is around $39000-$40000 per year or something around those lines. Of course this will differ on the city
How long does it take to become a car mechanic?
Some would say that becoming a car mechanic is an ongoing and sometimes taxing job. But on the other hand it’s a very fulfilling one too. If you want to be a repair technician, you might have to study up to 3 years. Part specialists, service consultants or collision damage estimators will have to study for around 2 years. So yes, 2 years would be the average because that’s how much it takes to get certified. Yet you always improve yourself and learn new things as you go along.
The life of a Car Mechanic is always challenging because you never know what parts you will be working with or what you can expect. It’s certainly something distinct and unique, and it can bring in front great results all the time. It’s all about understanding the huge pressure that can appear and what challenges can arise, but at the same time you also have to adapt and learn new things. And once you do that it will be worth it!