Author Topic: Question for all you shop owners? (Read 6832 times)

85yotabox · « **on:** Nov 16, 2008, 01:43:51 PM »

hey wats up im 17 and all i want to do is build wheelers! i was just wondering, if you buy a stock truck, build it up and make it an awsome crawler, then sell it, do you break even or make any money from it? thanx!

brainlessfool · « **Reply #1 on:** Nov 16, 2008, 01:49:21 PM »

you'l take it in the

85yotabox · « **Reply #2 on:** Nov 16, 2008, 01:53:09 PM »

haha thanks... it took me a minute but i got it.

*** YELLER *** · « **Reply #3 on:** Nov 16, 2008, 03:25:11 PM »

Quote from: brainlessfool on Nov 16, 2008, 01:49:21 PM

you'l take it in the

X2 by the time you factor in all of your time and the parts you end up loosing money unless you build for someone and they know what they are getting into and the cost that goes with it, its like building hotrods or custom bikes you need someone that wants something special and had deep pockets for what they want

COToy91 · « **Reply #4 on:** Nov 16, 2008, 04:10:00 PM »

thats why you have people bring you their rigs, work on it and charge out their ass for the work

85yotabox · « **Reply #5 on:** Nov 16, 2008, 06:31:12 PM »

yea cuz one of my buddies has a shop and all he does is build whatever people want him to build all the way from harleys to diesels and he has more money then he knows what to do with. i guess you just need a good reputation of doing good work and a lot of people to spread the word to make good buisness...
well if anyone needs work done in Napa california im up for anything. but i guess if you cant do the work yourself you wouldnt be on here...

kneedownnate · « **Reply #6 on:** Nov 16, 2008, 08:48:51 PM »

Quote from: COToy91 on Nov 16, 2008, 04:10:00 PM

thats why you have people bring you their rigs, work on it and charge out their ass for the work

Or, and this may be a hard thing for some to wrap their heads around, you do the work on people's rigs and undercut everybody else! Greed is fucked and will bight you in the ass, but if you offer a good, reputable service at a low price you'll have constant work and will gain more respect.

Or you could just be greedy and think in the short term

COToy91 · « **Reply #7 on:** Nov 16, 2008, 08:53:39 PM »

Quote from: kneedownnate on Nov 16, 2008, 08:48:51 PM

Or, and this may be a hard thing for some to wrap their heads around, you do the work on people's rigs and undercut everybody else! Greed is flopped and will bight you in the ass, but if you offer a good, reputable service at a low price you'll have constant work and will gain more respect.

Or you could just be greedy and think in the short term

Or you can insert your pointless comment on my opinion, i never stated anything about price gouging. Guess you are just working to get 7000 posts i understand........

Duffil · « **Reply #8 on:** Nov 16, 2008, 09:57:50 PM »

how is it pointless...it's simply another way of looking at the same issue that the OP might not have thought of.

COToy91 · « **Reply #9 on:** Nov 16, 2008, 10:04:28 PM »

his implied meaning is blatant

brainlessfool · « **Reply #10 on:** Nov 16, 2008, 10:11:17 PM »

Quote from: COToy91 on Nov 16, 2008, 10:04:28 PM

his implied meaning is blatant

Whats "blant" mean?

kneedownnate · « **Reply #11 on:** Nov 16, 2008, 10:12:37 PM »

sorry for getting your goat nancy, but in your post you said

Quote from: COToy91 on Nov 16, 2008, 04:10:00 PM

charge out their ass for the work

. This is a shitty way to look at things, plain and simple. If you get butthurt when I point that out, get used to it, because I don't feel at all bad about pointing it out when people try and take advantage of others. And please tell me that after 1 1/2 years on the site you still think chit chat posts count

COToy91 · « **Reply #12 on:** Nov 16, 2008, 10:13:53 PM »

Main Entry:
bla·tant Listen to the pronunciation of blatant
Pronunciation:
\ˈblā-tənt\
Function:
adjective
Etymology:
perhaps from Latin blatire to chatter
Date:
1596

1 : noisy especially in a vulgar or offensive manner : clamorous
2 : completely obvious, conspicuous, or obtrusive especially in a crass or offensive manner : brazen <blatant disregard for the rules>
synonyms see vociferous
— bla·tant·ly adverb

Duffil · « **Reply #13 on:** Nov 16, 2008, 10:15:55 PM »

apologies to the OP.

COToy91 · « **Reply #14 on:** Nov 16, 2008, 10:16:14 PM »

Quote from: kneedownnate on Nov 16, 2008, 10:12:37 PM

sorry for getting your goat nancy, but in your post you said . This is a :pokinit:ty way to look at things, plain and simple. If you get butthurt when I point that out, get used to it, because I don't feel at all bad about pointing it out when people try and take advantage of others. And please tell me that after 1 1/2 years on the site you still think chit chat posts count

I am aware of the fact that this is

chat and posts do not count, not that they matter or show that the person has any knowledge. And then you must hate every business known to man since most markup is 30% or more. Much more than the 6% that was thought to be just by Benjamin Franklin

Duffil · « **Reply #15 on:** Nov 16, 2008, 10:19:55 PM »

My (napa) store marks up an average of 35-40% for walkin/regulars and 25-30% for shops/real good customers. That is because it takes 28% to keep our doors open. Go tell Franklin he forgot about Insurance, Workmans Comp, alarms, payroll, taxes and just plain old ELECTRICITY...and explain what all those are while your at it.

COToy91 · « **Reply #16 on:** Nov 16, 2008, 10:21:34 PM »

Let me pick up my phone to the after life and let him know......

Hammerhead · « **Reply #17 on:** Nov 16, 2008, 10:22:32 PM »

Hyena · « **Reply #18 on:** Nov 17, 2008, 07:02:27 AM »

Quote from: COToy91 on Nov 16, 2008, 10:21:34 PM

Let me pick up my phone to the after life and let him know......

Wow, your a cool kid!

abnormaltoy · « **Reply #19 on:** Nov 17, 2008, 09:23:38 AM »

Wow...I think someone is having their period! Water weight, bloating, cramping and moodiness. It must be a heavy day.

Charging someone "out the ass" doesn't imply fairness or even a well thought out business model.

COToy91 · « **Reply #20 on:** Nov 17, 2008, 11:04:00 AM »

Quote from: Hyena on Nov 17, 2008, 07:02:27 AM

Wow, your a cool kid!

Foxtrot Uniform Charlie Kilo....
and that makes you cool.... hmmm

Quote from: abnormaltoy on Nov 17, 2008, 09:23:38 AM

Wow...I think someone is having their period! Water weight, bloating, cramping and moodiness. It must be a heavy day.

Charging someone "out the ass" doesn't imply fairness or even a well thought out business model.

Wow, burn... glad the third grade period humor came out from someone probably in their 30's.

Most business's charge obscene markups, also the reason how many stay in business. The average Joe doesn't know the actual cost of the product or service. So if you are at or equal to what the market will handle you can charge that much. For example a gear oil change in your t-case at a grease monkey is $39.99... Takes less than 10 minutes to drain and refill, takes about four pints i believe. Labor is about five bucks the fluid is $0.75 bulk price from Rex Oil. Total company cost is around $8, markup of $31.... doesn't seem fair, but that what we charge and people pay it. I am not saying i believe it is right, i am saying it is what happens. Market driven prices is how this economy runs and turns such a large profit for so many business'.

abnormaltoy · « **Reply #21 on:** Nov 17, 2008, 11:37:25 AM »

Quote from: COToy91 on Nov 17, 2008, 11:04:00 AM

Foxtrot Uniform Charlie Kilo....
and that makes you cool.... hmmm
Wow, burn... glad the third grade period humor came out from someone probably in their 30's.

Most business's charge obscene markups, also the reason how many stay in business. The average Joe doesn't know the actual cost of the product or service. So if you are at or equal to what the market will handle you can charge that much. For example a gear oil change in your t-case at a grease monkey is $39.99... Takes less than 10 minutes to drain and refill, takes about four pints i believe. Labor is about five bucks the fluid is $0.75 bulk price from Rex Oil. Total company cost is around $8, markup of $31.... doesn't seem fair, but that what we charge and people pay it. I am not saying i believe it is right, i am saying it is what happens. Market driven prices is how this economy runs and turns such a large profit for so many business'.

Wowee!

You're witty aren't you?

Seriously man...you need some laxatives.

I would say most long term businesses charge enough to cover overhead and probably 8-10% profit.

30! I wish

Learn how to read a profile.

COToy91 · « **Reply #22 on:** Nov 17, 2008, 11:51:49 AM »

Quote from: abnormaltoy on Nov 17, 2008, 11:37:25 AM

Wowee!

You're witty aren't you?

Seriously man...you need some laxatives.

I would say most long term businesses charge enough to cover overhead and probably 8-10% profit.

30! I wish Learn how to read a profile.

Just slightly witty and i guess that was a compliment then, i was off by 21 years...

The guy I work for has been operating this Grease Monkey since 1995, he fully bought it in 2004 when it was making $40,000 a month. He now makes $80,000+ a month and his operating costs are about $28,000 a month including labor. $52,000 a month in capital sounds pretty dang good to me and with a 78% return rate on all customers he is second in the nation for Grease Monkey's, even though he price gouges on everything.