This auto repair shop business plan template has 37 pages and is a MS Word file type listed under our business plan kit documents.
Sample of our auto repair shop business plan template:
Confidentiality Agreement The undersigned reader acknowledges that the information provided by [YOUR COMPANY NAME] in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of [YOUR COMPANY NAME]. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to [YOUR COMPANY NAME]. Upon request, this document is to be immediately returned to [YOUR COMPANY NAME]. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 3 Chart: Highlights 4 1.1 Objectives 4 1.2 Mission 4 1.3 Keys to Success 5 2.0 Company Summary 6 2.1 Company Ownership 6 2.2 Start-up Summary 6 Table: Start-up 6 Chart: Start-up 7 3.0 Products and Services 8 4.0 Market Analysis Summary 9 4.1 Market Segmentation 9 Table: Market Analysis 9 Chart: Market Analysis (Pie) 9 4.2 Target Market Segment Strategy 10 4.3 Service Business Analysis 10 4.3.1 Competition and Buying Patterns 10 5.0 Web Plan Summary 11 5.1 Website Marketing Strategy 11 5.2 Development Requirements 11 6.0 Strategy and Implementation Summary 12 6.1 SWOT Analysis 12 6.1.1 Strengths 12 6.1.2 Weaknesses 12 6.1.3 Opportunities 12 6.1.4 Threats 12 6.2 Competitive Edge 12 6.3 Marketing Strategy 13 6.4 Sales Strategy 13 6.4.1 Sales Forecast 13 Table: Sales Forecast 14 Chart: Sales Monthly 15 Chart: Sales by Year 15 6.5 Milestones 16 Table: Milestones 16 7.0 Management Summary 17 7.1 Personnel Plan 17 Table: Personnel 17 8.0 Financial Plan 18 8.1 Start-up Funding 18 Table: Start-up Funding 18 8.2 Important Assumptions 19 8.3 Break-even Analysis 20 Table: Break-even Analysis 20 Chart: Break-even Analysis 20 8.4 Projected Profit and Loss 21 Table: Profit and Loss 21 Chart: Profit Monthly 23 Chart: Profit Yearly 23 Chart: Gross Margin Monthly 24 Chart: Gross Margin Yearly 24 8.5 Projected Cash Flow 25 Table: Cash Flow 25 Chart: Cash 26 8.6 Projected Balance Sheet 27 Table: Balance Sheet 27 8.7 Business Ratios 28 Table: Ratios 28 Table: Sales Forecast 1 Table: Personnel 2 Table: Profit and Loss 3 Table: Cash Flow 4 Table: Balance Sheet 5 1.0 Executive Summary [YOUR COMPANY NAME] Contact: [YOUR NAME] Direct Phone: [YOUR PHONE NUMBER] [ADDRESS] [CITY, STATE ZIP] Email: [YOUREMAIL@YOURCOMPANY.COM]] Introduction [YOUR COMPANY NAME] will provide vehicle maintenance and repair to [YOUR CITY] and surrounding areas. Location [YOUR NAME] is looking to purchase a 7,900 sq ft shop in [YOUR CITY] upon receipt of grant funding. Company The Company offers vehicle mechanical repair services. [YOUR COMPANY NAME] will be a sole proprietorship owned 100% by [YOUR NAME]. Mr. Luckinbill has been in the mechanical repair service business for over 30 years. [YOUR COMPANY NAME] will be committed to quality and service. The Company's 100% Satisfaction Guarantee is our personal commitment to creating long-term relationships with our customers. Services [YOUR COMPANY NAME] will provide vehicle repair and maintenance such as, Transmission repair, Front-End Alignment, Diesel repair, Differential repair, Air-conditioning/heater repair, Brakes, Struts, Oil & Lube, and Tune-ups. The Market [YOUR COMPANY NAME] will be located in [YOUR CITY]. The Company will target the surrounding area of [YOUR CITY] along with three surrounding counties of: Gavin, Murray and McClain. Financial Considerations The current financial plan for [YOUR COMPANY NAME] is to obtain grant funding in the amount of $303,000. The grant will be used to launch a mechanical repair shop including leasehold improvements, purchase equipment, purchase of office furniture, fixtures and equipment, create our website, hiring employees and launching an advertising campaign. The major focus for grant funding is as follows . 1. Launch vehicle maintenance and repair shop. 2. Purchase energy efficient maintenance shop. 3. Purchase recycled materials. 4. Hire employees; the Company will look to hire veterans, minorities, disabled persons and the unemployed. Chart: Highlights 1.1 Objectives The objectives for [YOUR COMPANY NAME] are outlined below: To create a service-base company whose goal is to exceed customer's expectations and becomes a return client. Sales increase to over $350,000 by end of second year and $400,000 by end of third year. To increase the number of clients services by at least 20% per year through superior performance and word-of mouth referrals. Have a clientele return rate of 90% by end of first year. Become an established community destination by end of first year. To hire local employees to help stimulate the economy. To bring back the community's trust in the auto repair industry. To provide excellent service for domestic and foreign automobiles. 1.2 Mission [YOUR COMPANY NAME] mission is to help stimulate the economy in [YOUR CITY]. They will not only hire up to four full-time employees, but will create business for other companies that are already in business (e.g. [YOUR COMPANY NAME], [YOUR COMPANY NAME]) and various auto parts dealerships on the internet. The goal is to give customers quality workmanship at a more reasonable price than that of the competition. Most independent shops operate on a cash basis; [YOUR COMPANY NAME] will be set up to take and clear checks and most credit cards. They will also have experienced technicians to deliver the customers vehicles back repaired faster than our competition. 1.3 Keys to Success The keys to success in business are: Superior Customer Service: Provide fast, friendly and quality service. Environment: provide a clean, upscale, odor free, enjoyable environment conducive to giving professional trusting service. Convenience: offering clients a wide range of services in one environment. Location: provide an easily accessible location for customer convenience. Reputation: credibility, integrity, and 100% dedication from 30 years mechanical experience working in an auto dealership. 2.0 Company Summary [YOUR COMPANY NAME] is the desire of [YOUR NAME] to start vehicle maintenance and repair shop. With [YOUR NAME] experience of over 30 years experience as an auto mechanic at an auto dealership, his desire is to start up their own company and offer better service to their clients than their competitors. The company will be a sole proprietor company owned 100% by [YOUR NAME] registered in [STATE]. The company will be based in [CITY, STATE]. The facility will contain a two-bay garage, office space and storage space for tools, parts, etc. The company is seeking a grant in order to finance the start of operations for the company. The owners will be putting up some of their own capital as equity. 2.1 Company Ownership [YOUR COMPANY NAME] will be created as a sole proprietorship based in [YOUR CITY], privately owned by its principal operator. 2.2 Start-up Summary The data obtained for the start-up comes from research done in the Paul' Valley area with other small mechanic shops who have started their own business. Inflation has been taken into account between the estimates of these fellow business owners (and when they started) and the current prices for expensed items. Much of the equipment to go into the facilities such as tools, air compressors, scanners, etc., will be purchased with the grant funding. Table: Start-up Start-up Requirements Start-up Expenses Legal $2,000 Stationery etc
