- Oct 8, 2014
- Reaction score
- Willamette Valley
Almost 30 years ago, back in KC, Mo., I thought about opening a shop. I accounted for all that you listed and then some, because even then, good techs cost money but they were what generated income in that shop. I concluded, unless I went in to hock in a big way, it was gonna take $500k minimum to open a 4 bay shop and allow for a nest egg to ride thru the start up and get customer's in that shop. Now, it would be way more.Back to the original topic.
If anyone thinks running an automotive shop is easy step up and give it a try, the business is unlike anything else. The overhead is absolutely ridiculous for a legitimate shop before you can open the doors and say you repair vehicles. The cost of access to information is unlike any other industry. The cost of tools and equipment has skyrocketed and the equipment for diagnosing comes with a subscription fee to keep it working. The insurance costs are high when you consider the cost of insuring that expensive equipment and the expensive vehicles being worked on and the liability if something goes wrong.
I'm not defending the shop in the OP's situation, just explaining a little of what it's like to own and operate a legitimate shop and the costs involved. As I stated before if it was my shop I would have avoided the whole situation because of the road it sounds like it's going down.