How Much Do Auto Shop Owners Make
In general a larger auto body shop can earn 100000 per year and mechanics themselves can make between 30000 and 50000 per year.
How much do auto shop owners make. Annual sales of bigger small businesses who responded to our survey ranged lower in 2020 than they did in 2018. AC services generally rake in the most at an average of 276 per job. This paticular mechanic usually charges 30 mark uphe.
In fact the influx of entrepreneurs starting a mechanic shop has resulted in. The owner of a larger shop can easily make 100000 per year by managing a. Lets say you started part time working just the weekend detailing two cars per day.
Make sure your prices remain competitive. A cheaper part will be marked up much more significantly than a more expensive part. The median annual salary for all automotive service technicians and mechanics is 39550 as of May 2017 yet many auto repair owners are more.
Last mechanic I used marked up the parts around 75. ChrisTruck July 5 2016 937pm 12. Another commonly used mark-up system is on a scale depending on how cheap or pricey the part is.
Auto shops generally make most of their money from 10 popular services that average out at 14410 per job. Every auto shops fees are different. Rent 1500 to 15000 per month Your startup costs could range between 25000 and 75000 especially if you are planning on keeping some reserve funding to pay rent and other operating expenses during the first several months before you are at a breakeven point.
How much profit can a car repair shop make. Do you plan to remain an independent repair shop or will you join a franchise like Jiffy Lube or Midas. The automotive industry does not include industries dedicated to the maintenance of automobiles following delivery to the end-user such as automobile repair shops and motor fuel filling stations.