May Auto Newsletter

Understanding Profit in our Business

"Gross profit is the difference between revenue and the cost of making a product or providing a service, before deducting overhead, payroll, taxation, and interest payments."

What is a reasonable Gross Profit?

Industry standard on PARTS is 45% to 55%

Shops that are doing very well will be in the 55% to 65% range

Net Profit defined:

Gross profit dollars minus all other expenses

Taxes, payroll for everyone, building & equipment costs and everything with the exception of your parts

Net Profit is often described as Operating Income

For the next several months, I will talk about Understanding Profit & give examples how to increase profit in your shop

If you are interested in consulting services for your Auto Repair shop give me a call / Don 412-874-1873

Do you need a Web Page for your shop

We can create your Web Page & Photograph your shop & employees

Only $1499.00

From the moment your customer drives up, to the final invoice and beyond, Mitchell 1’s industry-leading software is hard at work helping you create an exceptional repair experience and more satisfied customers. You’ll fix cars faster, streamline shop workflow, and launch effective marketing strategies to build your business — now and for the future.

Give us a call

Don Scandinaro 412-874-1873

Thad Mitchell 570-765-4401

Brandon Naillieux 412-728-0856

Credits:

Created with images by tpsdave - "daimler car automobile" • Capri23auto - "lotus formula 1 auto" • pedrosimoes7 - "Red Jaguar XK140" • Capri23auto - "bmw formula 1 ralf schumacher" • DariuszSankowski - "car mercedes slk" • DariuszSankowski - "car mercedes slk"

Report Abuse

If you feel that this video content violates the Adobe Terms of Use, you may report this content by filling out this quick form.

To report a Copyright Violation, please follow Section 17 in the Terms of Use.