Auto Repair Service Business Plan
Opportunity
Problem
Between having a high level of commuting traffic, and an equally high level of tourism traffic on local highways, there is a constant significant demand for auto repair services and auto parts. It is essential that middle-class and upper-class shoppers and travelers have easy access to all the necessary services. They want to be able to find what they need.
Solution
Quick and Dirty Auto Repair is committed to providing high-quality services and a full line of auto parts. QDAR is committed to providing personalized service and quick service to all its customers. QDAR’s technology is advanced with the ability to monitor all parts inventories electronically. This helps to ensure parts are always in stock and maintain a balanced inventory to maximize inventory turnover. QDAR also has strong relationships with vendors that are service-conscious and capable of expediting major parts (most cases, within an overnight time frame).
Market
The market for auto parts sales and services is fragmented. Most auto shops offer repair services and parts inventory. QDAR’s niche is auto shops that provide both parts and auto services in one convenient location. QDAR services middle and upper class customers who are more sensitive to prices because they value speedy turnarounds (on all makes and models of cars) and high-quality services.
Our Competition
Quick and Dirty Auto Repair strives to provide high-quality auto repairs and a wide range of auto parts. QDAR is committed to providing personalized service and quick service to all its customers. QDAR’s technology is advanced with the ability to monitor all parts inventories electronically. This helps to ensure parts are always in stock and maintains a balanced inventory to maximize inventory turnover. QDAR maintains strong relationships with vendors who are service-conscious and capable of expediting major parts (in most cases, in an overnight period).
There are more than 400 auto repair shops and auto parts suppliers in the local region. Only 25% of these competitors offer both automotive repair services and inventories. Only a handful of these competitors are national chains. The rest are small, privately-owned businesses. QDAR will be able to compete by being convenient and providing excellent customer service. Its honest reputation will play a significant role in repeat business as well as building a loyal customer base.
Why Us
Quick and Dirty Auto Repair strives to provide high-quality auto repairs and a wide range of auto parts. QDAR focuses on personalized service to its customers by offering convenience and rapid service. QDAR has a computerized inventory monitoring system that ensures parts are always available. This allows for a balance of inventory and a high level of service to maximize inventory turnover. Finally, QDAR has strong vendor relationships with the most service conscious vendors who are capable of shipping major parts rapidly (on an overnight timeline in most cases).
Expectations
Forecast
QDAR’’s analysis relies on averages of the first year figures for total sales and operating costs. These conservative assumptions make for a more accurate estimate of real risk.
Financial Highlights by Year
Finance is required
Our investment is $250,000
Jake Brakes $62,500
Blair Horn $62,500
Yugo Ford $62,500
Gaz Motor $62,500
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