auto service and repair shop start-up cost?
I agree with the first guy! It is very expensive to get started in auto repair. Shop rental can be from $3,000 to $15,000 a month depending on the size of it. You will need 1 or 2 lifts which are about $20,000 each. A good tool set with all the specialty tools will cost about $15,000. OBD and OBD 2 computer reader and diagnostic machine is about $10,000 and up. Then a business license and insurance. If you want to get into it real good you should also run a wrecker service or at least get a contract with a local wrecker service so they can bring you work.
rent building=5k a month ….tools =40k……advertisements=500…….ur first customer=priceless!!!
References :
I agree with the first guy! It is very expensive to get started in auto repair. Shop rental can be from $3,000 to $15,000 a month depending on the size of it. You will need 1 or 2 lifts which are about $20,000 each. A good tool set with all the specialty tools will cost about $15,000. OBD and OBD 2 computer reader and diagnostic machine is about $10,000 and up. Then a business license and insurance. If you want to get into it real good you should also run a wrecker service or at least get a contract with a local wrecker service so they can bring you work.
References :
Mechanic since 2001
We are in the process of opening our garage. We found a nice place 3000 sq ft for 1500 month. We have most of the hand tools, jacks jackstands, welder, torch etc. We are leasing 2 lifts and some of the more expensive equipment. 2 nice Challenger lifts are about 3700 installed each. Not counting our own tools we are looking at financing about 15000 in tools to start off with. That doesn’t include out waiting room furniture, display cabinets or inventory. If you’re looking for insurance go through a broker – they can normally find you a better deal and more coverage than the larger name companies you see advertising on TV. We were able to get $2mil in liability coverage plus all the normal liability and contents, vehicles and such insured for around $2000/year about hlaf the price of Farmers and a couple of the others.
References :
no sites – 2 months of hard work and calling around to every vendor and supplier I could find. .