Hi - I'm an experienced small business owner. Thinking about venturing into auto repair. There are several folks about my age (68) I know that are burned out and want to retire. I can get a combo of seller finance and SBA.
What kind of numbers should I expect? in SF Bay Area so wages are sky high but matches billing.
I run a boutique lending business now that has about a 30% gross margin, 20% net. I've done one roll up in another niche. Thinking that's the play here.
Feedback? Anyone want to share a horror story? Thanks!
Any general financial metrics for an auto repair business? What's "normal"?
by a searcher
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