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Originally Posted by raymr
I am considering the idea. It would just be me and a helper to start, so it would be a small operation with room for maybe 3-4 cars indoors. I would rent warehouse space and buy airtools, a lift, test equipment, manuals, etc.
So:
What would be the minimum indoor square footage needed?
Do you perform general repairs or a specialty, such as body work?
How much is the initial investment?
What are your ongoing expenses?
I know money can be made, since a local indy isn't even accepting any new customers due to high demand. There is a need for quality repair work in this area.
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Not being an expert or even qualified to suggest but common sense:
1500 sq. ft min.
General repairs if you are a skilled mechanic with years of professional experience. Body work only if you are a skilled craftsman with many years experience. When you own your own shop, guessing won't work. Would not recommend both businesses together.
Probably at least 75-100k to start, double that in a year.
Monthly lease,utilities,insurance,salaries,hazard waste disposal,waste disposal,tools,special tools,literature(manuals and alike),permits, and alot of 6 10+hrs days, just to name a few. Not a business for the meek.