Starting an auto shop from scratch can be a daunting task. Not only must you get all the necessary equipment, but you must hire a qualified staff and compete with other local mechanics for customers. The initial startup cost can be $50,000, which doesn’t include employees’ salaries, marketing budget, and electronics, not to mention the possibility of a space remodel. But the rewards of running your own shop are enormous.
In addition to repairing cars, you can also make extra money by recycling automotive parts. You can sell spark plugs, oxygen sensors, and catalytic converters for extra profit. Besides the money you make from recycling these parts, you’ll be doing good for the environment as well. It’s not only a great way to save the planet but to earn money at the same time.
In terms of overhead, mobile auto mechanic businesses are not as capital intensive as a traditional shop. You can start as a one-man operation and charge as little as $100 for a standard tune-up. This type of business is also a lucrative option for an aspiring entrepreneur. You’ll need a vehicle and a toolbox, and some tools and equipment. You can even hire a team of mechanics if you have a good reputation in the area.
