Is opening a garage a profitable business?
- Thread starter Sanjeev
- Start date
The business should be located in the city for everyone's easy access. I would be a good business since not all can do car repairs and car stuff. Profitable yes, because they pay your service plus if they need to change parts you can sell them parts.
- Thread starter
- #3
When I was a kid I used to see in movies how the hero of the movie used to have a garage and used to live life lavishly, from there I used to think I will also own a garage and live life comfortably. I know I cannot repair all the cars I need to keep mechanics and keep spare parts to replace the damaged parts.
Yup you need to invest on parts. However, for the mechanics, you need to pay their wages if that's the cage. However, if you are going to train, you can do all the mechanics work and save on workers' wages. That long term for you.
- Thread starter
- #5
Hmmm.....one person alone cannot work if you have a big garage in the city. You need to have a few more mechanics to repair the cars on time. Authorised dealers of branded cars have a big garage and lots of staffs to handle the cars.
Yup, you are correct! If your garage grows you need to hire more workers to help attend to other customers. Plus, you will be putting up site for customers to book an appointment or a line for customers to call for appointment. The more it gets bigger, you need more manpower and options for booking.
Parking areas gain much money in China. I am sure you can earn lots of money with this idea.
- Thread starter
- #8
I don't like to open it just for the parking but for the repair of the cars. Repairing cost has lots of profit margins especially when you sell spare parts along with the repair. I would have owned it if I had money and land.
It is a very lucrative business if you can start one because there are lot of cars on the road that needs to get repaired by professionals.
People are demanding for engineers who would be very proficient with whatever they are doing to repair their cars and that means that this business will be very lucrative.
I believe it can be a profitable business ventures. There are many factors that go into opening a garage, such as the space available, the services needed to be provided, and the budget needed to operate the garage. It will take time and patience to get the business running smoothly.
I think it can be profitable because sometimes cars need to be repaired.
