How Much Does It Cost To Start Your Own Mechanic Shop
This budget includes a full equipment list administrative fees like shop insurance and accounting fees marketing and inventory.
How much does it cost to start your own mechanic shop. You can expect to pay anywhere between 30000 and 100000 to get your business started. From the rough estimate as listed above you would need a minimum of three hundred and fifty six thousand and one hundred USD 356100 to establish a medium scale but standard auto mechanic repair shop business in any city in the United States of America. Not every mechanic shop performs every type of service so these are basic guidelines on what you can expect to spend to get an auto repair shop up and running.
It is important not to underestimate this cost when considering opening your own repair shop. Of course your budgeting will vary depending on the location and size of your shop DRP status labor force and many other factors but good industry information will help you to more effectively. What are the costs involved in opening a car repair shop.
Many pre-existing garages for sale will include much of the necessary equipment in the package. In total the approximate cost to open an auto repair garage today is 37500. A career as a mechanic can be rewarding and allow you to work a flexible schedule in a job that continuously challenges your skills.
At minimum you can expect to spend 15000 on tools. This part is unfortunately not very cheap. You may not have the cash to pay for everything you need to start an auto repair shop so you will need to get a loan from a bank or a personal loan from a friend or family.
Each lift will run around 4000 and diagnostics machines can. Insurance - 4000year. Youre going to need some equipment for your shop before you can start servicing customers.
Costs for starting a shop vary but generally include. However as you make a list of your costs and research pricing this number could potentially rise. Lifts installed - 4000 each.