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3 Mar.
2023

Auto Repair Service Business Plan


Auto Repair Service Business Plan


Opportunity

Problem

Because of the high levels of commuting traffic as well as the high number of tourists on local highways there is always a significant demand for car 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 strives to provide high-quality auto repairs and a wide range of auto parts. QDAR strives to provide personalized service for its customers through convenience and fast service. Additionally, QDAR is technologically savvy with computerized monitoring of all parts inventory, to ensure that parts are always in stock while keeping a balanced level of inventory 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).

Market

The market of auto repair services and parts sales is very fragmented. The majority of auto shops usually offer either repair services or parts inventory. QDAR has a niche that offers both auto repair services and parts in one convenient location. QDAR caters to upper and middle class customers. These customers are less concerned about the price of their services as they value the convenience of a quick turnaround (on any make/model of car) and the high quality of its services.

CompetitionWhy Us?

Quick and Dirty Auto Repair is committed to providing high-quality services and a wide variety of auto parts. QDAR focuses on personalized service to its customers by offering convenience and rapid service. 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 has excellent vendor relationships with highly service-oriented vendors who can ship major parts quickly (in most cases, within an hour).

In the area, there are more than 400 competitors in auto repair and parts. Only 25% of these companies offer both auto repairs and parts inventories. Only a small number of these companies are major national chains. The remainder are small privately-owned establishments. QDAR will succeed by being easy to use and providing high-quality customer service. A solid reputation and repeat business will help QDAR build a loyal base of customers.

Why Us

Quick and Dirty Auto Repair offers high-quality repair services and a complete range of parts. QDAR is committed to providing personalized service and quick service to all its customers. Additionally, QDAR is technologically savvy with computerized monitoring of all parts inventory, to ensure that parts are always in stock, while keeping a balanced level of inventory to maximize inventory turnover. QDAR has excellent vendor relationships with highly service-oriented vendors who can ship major parts quickly (most times within an hour).

Expectations

Forecast

QDAR’s analysis uses the averages of first-year total sales by units and operating expenses. These conservative assumptions make for a more accurate estimate of real risk.

Financial Highlights by Year

Financing Needed

Our investment is $250,000:

Jake Brakes $62,500

Blair Horn $62,500

Yugo Ford $62,500

Gaz Motor $62,500