Auto Garage Business Project Report

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Auto Garage Business Project Report Detailed Project Report for Bank Loan. Are you interested in the auto garage business, here you will get the complete guide for the auto garage business plan which will help you to start an auto repair shop?

In today’s life, everyone has a scooter and a bike; They can break down in the middle of busy roads, the vehicle owner has to face the problem of where to fix it so that you can offer them an automobile repair garage.

An auto repair shop is important because every person needs a car fixed; Here in this article, we analyze the business requirement which will help you to acquire skills in auto repair.

Automotive Business Opportunities

There are a lot of business opportunities in the automobile industry and auto repair garages are one of them, as we know that the use of automobiles is increasing day by day as the auto repair garages business is never extinct.

Everyone wants their car to run smoothly and they are looking for good maintenance and servicing auto garages, people always use to go to auto garages to check their vehicles, therefore, auto garages business is profitable business ideas. 

Auto garage business project plan

Every business needs a proper business plan without a business plan that you cannot run any business successfully, here we have mentioned some important factors which are necessary when setting up an auto repair garage business plan.

Define Your Service And Employees

When starting your auto repair garage business you need to be clear with your service how many customers you will serve and what services you are going to provide, depending on the service and customers you decide your staff members.

Define Your Unique Point (E-automobile)

You can only provide a specialized service to replace and repair tire services. If you are working in a specific service in the automobile industry it will help you to gain trust from customers.

You can also consider a specific area like restoring cars, providing environmentally friendly service, and now it is a trend of environmentally friendly vehicles that you can start auto repair garages for e-cars.

There is no garage for e-cars that allows you to start your own e-car repair garage business, but before starting your own e-garage business you will need to undergo training to repair such e-automobiles.

Auto repair business license

While starting an auto garage business you need to deal with certain documents and licenses, the licensing status required for an auto garage business varies.The motor vehicle department of your state can give you an application to apply for a license.

Auto Repair Business License List

1) Firm Registration: You can start either proprietorship or partnership firm in a small to a medium auto garage business.

If you are starting this business as a one-person company, you must register your firm as one person company.

For a partnership operation, you must register as a Limited Liability Partnership (LLP) or Private Ltd Company with the Registrar of Companies (ROC).

2) GST Registration: Apply for GST registration which will allow you to get a GST number that is mandatory for running a business.

3) Trade License: Get a trade license from a local authority.

4) Pollution Certificate: Auto garage business can cause pollution; Therefore, you need to obtain a pollution certificate from your state’s pollution control department.

5) MSME / SSI Udyam registration: If you want to get government subsidies and schemes related to your business then you have to apply for Udyam registration.

6) Trade Marks: Secure Your Brand with Simple Registration for Trademarks.

Auto Repair Garage Business Locations

Your auto repair garage business should be in a potential area, the minimum area required for an auto repair business is about 1500 square feet, see a location that is convenient to the highway or main road.

Having an auto repair garage on the highway or main road would be of great benefit as the auto repair garage is easily accessible by customers, and it will reduce towel costs.

When selecting the location of the area make sure that the location area has facilities such as a water facility, electricity facility, and drainage facility, also ensure that there is enough space to park the automobile.

Additionally, you can build a waiting room for customers.

Skills required to become a mechanic

If you are good at automobile repairing then customers are easy to handle, you have to be good at handling the machine and detecting the problem in the automobile but if you are not able to repair the automobile, then you need to do a certificate course Automobile repair.

You can also hire employees who specialize in auto repair skills, making sure that the employee is using the proper safety gear and following safety rules when repairing automobiles.

Auto Mechanic Equipment and Equipment List

Choosing the right equipment for an auto repair garage business is a very important task, so when purchasing equipment and equipment for an auto repair garage business make sure that you are only buying the equipment that needs to be repaired by the automobile in the primary. Do not buy equipment platforms.

List of equipment used in automobile workshop

  • Mechanic tool
  • Diagnostic machine
  • Lifting machine
  • Air compressor
Marketing plan for an auto repair shop

The most important function in business is marketing and promotional strategy, you need to market your auto repair service using a different promotional strategy, here we have mentioned some marketing strategy that will help you to promote your auto repair garage business.

Print cash promoting content and distribute it to your local areas your place of business may also catch fire.

Attend automobile events where you can promote your business. Leave promotional materials at automobile events using such platforms. This will help you to gain a client’s network.

In addition, promote your business using local media such as newspapers and radio stations, they will help you familiarize your business with new customers.

In addition to the traditional way of marketing, you can use digital marketing to take your automobile business to the next level of marketing, you can create social media pages where you can start your service.

Run an advertising campaign on automobile repair service that helps you reach the right customers.

Auto Garage Business Plan

Are you interested in the auto garage business, here you will get the complete guide for the auto garage business plan which will help you to start an auto repair shop?

In today’s life, everyone has a scooter and a bike; They can break down in the middle of busy roads, the vehicle owner has to face the problem of where to fix it so that you can offer them an automobile repair garage.

An auto repair shop is important because every person needs a car fixed; Here in this article, we analyze the business requirement which will help you to acquire skills in auto repair.

Automotive Business Opportunities

There are a lot of business opportunities in the automobile industry and auto repair garages are one of them, as we know that the use of automobiles is increasing day by day as the auto repair garages business is never extinct.

Everyone wants their car to run smoothly and they are looking for good maintenance and servicing auto garages, people always use to go to auto garages to check their vehicles, therefore, auto garages business is profitable business ideas. 

Auto garage business project plan

Every business needs a proper business plan without a business plan that you cannot run any business successfully, here we have mentioned some important factors which are necessary when setting up an auto repair garage business plan.

Define Your Service And Employees

When starting your auto repair garage business you need to be clear with your service how many customers you will serve and what services you are going to provide, depending on the service and customers you decide your staff members.

Define Your Unique Point (E-automobile)

You can only provide a specialized service to replace and repair tire services. If you are working in a specific service in the automobile industry it will help you to gain trust from customers.

You can also consider a specific area like restoring cars, providing environmentally friendly service, and now it is a trend of environmentally friendly vehicles that you can start auto repair garages for e-cars.

There is no garage for e-cars that allows you to start your own e-car repair garage business, but before starting your own e-garage business you will need to undergo training to repair such e-automobiles.

Auto repair business license

While starting an auto garage business you need to deal with certain documents and licenses, the licensing status required for an auto garage business varies.The motor vehicle department of your state can give you an application to apply for a license.

Auto Repair Business License List

1) Firm Registration: You can start either proprietorship or partnership firm in a small to a medium auto garage business.

If you are starting this business as a one-person company, you must register your firm as one person company.

For a partnership operation, you must register as a Limited Liability Partnership (LLP) or Private Ltd Company with the Registrar of Companies (ROC).

2) GST Registration: Apply for GST registration which will allow you to get a GST number that is mandatory for running a business.

3) Trade License: Get a trade license from a local authority.

4) Pollution Certificate: Auto garage business can cause pollution; Therefore, you need to obtain a pollution certificate from your state’s pollution control department.

5) MSME / SSI Udyam registration: If you want to get government subsidies and schemes related to your business then you have to apply for Udyam registration.

6) Trade Marks: Secure Your Brand with Simple Registration for Trademarks.

Auto Repair Garage Business Locations

Your auto repair garage business should be in a potential area, the minimum area required for an auto repair business is about 1500 square feet, see a location that is convenient to the highway or main road.

Having an auto repair garage on the highway or main road would be of great benefit as the auto repair garage is easily accessible by customers, and it will reduce towel costs.

When selecting the location of the area make sure that the location area has facilities such as a water facility, electricity facility, and drainage facility, also ensure that there is enough space to park the automobile.

Additionally, you can build a waiting room for customers.

Skills required to become a mechanic

If you are good at automobile repairing then customers are easy to handle, you have to be good at handling the machine and detecting the problem in the automobile but if you are not able to repair the automobile, then you need to do a certificate course Automobile repair.

You can also hire employees who specialize in auto repair skills, making sure that the employee is using the proper safety gear and following safety rules when repairing automobiles.

Auto Mechanic Equipment and Equipment List

Choosing the right equipment for an auto repair garage business is a very important task, so when purchasing equipment and equipment for an auto repair garage business make sure that you are only buying the equipment that needs to be repaired by the automobile in the primary. Do not buy equipment platforms.

List of equipment used in automobile workshop

  • Mechanic tool
  • Diagnostic machine
  • Lifting machine
  • Air compressor
Marketing plan for an auto repair shop

The most important function in business is marketing and promotional strategy, you need to market your auto repair service using a different promotional strategy, here we have mentioned some marketing strategy that will help you to promote your auto repair garage business.

Print cash promoting content and distribute it to your local areas your place of business may also catch fire.

Attend automobile events where you can promote your business. Leave promotional materials at automobile events using such platforms. This will help you to gain a client’s network.

In addition, promote your business using local media such as newspapers and radio stations, they will help you familiarize your business with new customers.

In addition to the traditional way of marketing, you can use digital marketing to take your automobile business to the next level of marketing, you can create social media pages where you can start your service.

Run an advertising campaign on automobile repair service that helps you reach the right customers.

Auto Garage Business Detailed Project Report (DPR)

Here, our Auto Garage Business Detailed Project Report (DPR) deliver after thorough project analysis, which is created based on deep research and rich in graphics and pictorial view and contain required information or data to fulfill its purpose for Bank loan, Government Sponsored Scheme etc. 

 

Our report data is up to date and easily impress your lender as these Auto Garage Business Project Report made by Chartered Accountants. Project reports having unbeatable quality, extraordinary project reports, trusted by thousands of people. 

 

In our reports, you get every micro detail and accurate level of calculation as per the banking guidelines, acceptable to every bank, Non-Banking Financial Company, Government Departments and other financial institutions etc. These reports are very straight forward contain honest descriptions, neat, readable, and to-the-point. Reports are well spaced with titles and subtitles and are free of language errors.

 

Our report preparation team makes sure that the report is concise and transmits maximum information with minimum words. It guides you to show a roadmap for your business in the longer term. Every bank always has a look at your project report before they lend out any money. It’s important to have a report that’s clear with simple language, easy to understand and one that will offer a real insight into the business ideas that you have.

 

 

Project Report Format

In our project report format, we cover technology details, its diagrams, flow chart etc.. as and when required or deemed fit to include. Also, prepare in-depth financial calculations including CMA which is necessary for the Investor/bank.

 

Key Points Cover in Detailed Project Report on Auto Garage Business

 

As mentioned above, Auto Garage Business Detailed Project Report (DPR) is a complete package that contains everything that requires getting funds up to 25 Crores (Twenty Five Crores). Checkout our DPR sample to make your vision more clear. Usually, the Detailed Project Report (DPR) is needed when you apply for a bank loan or Government scheme. Project Report Bank aims to create the reports accurately from the start and make sure that businessmen get the right value and results from the reports.

 

The following are the key points we generally covers while making DPR, whichever relevant to your business :- 

 

  • Introduction to Project and Industry
  • Executive Summary
  • Profile of the business in the country
  • Project Evaluation – Social Angle
  • Analysis of basic variables
  • Socio- Economic Advantage
  • Impact on environment
  • Foreign Trade Income
  • Value addition
  • Import replacement
  • Technology assimilation and so on
  • Present condition of the business
  • Consumer Inclinations
  • Market Prerequisites
  • Market Portions
  • Distribution Channels
  • Market Qualities of the Item
  • Export Possibilities and Global Market
  • Marketing and selling game plans
  • SWOT Analysis

CMA Data – Credit Monitoring Arrangement Data

  • Particulars Of Existing / Proposed Bank Credit Facilities (Form – I)
  • Projected Profitability Statement ( Form – II)
  • Projected Balance Sheet (Form – III)
  • Comparative Operation Statement (Form – IV)
  • Maximum Permissible Bank Finance MPBF – (Form – V)
  • Cash Flow Statement – (Form – VI)

Monetary Projections Details Contains:

  • Cost of Project & Means of Finance
  • Details of Raw Materials 
  • Details of Utilities
  • Human Resources Planning 
  • Technical Manufacturing Business Process
  • Assumptions in monetary projections
  • Projected Sales & Production
  • Cost of Production and Profitability
  • Fund Flow Statement
  • Working Capital Cycle
  • DSCR – Debt Service Coverage Ratio
  • BEP – Break Even Point Analysis
  • IRR – Internal Rate of Return
  • ISCR – Interest Service Coverage Ratio
  • Calculation of payback period
  • Debt to Equity Ratio
  • Working Notes for Monetary Projections
  • EBIT – Earnings before interest and taxes
  • EBITDA – earnings before interest, taxes, depreciation, and amortization
  • Cash Burn Rate
  • Discounted Cash Inflow & Outflow
  • NPV – Net Present Value
  • Net Worth

Report Size : 40 – 50 Pages,

In which, Financial Projections : 18 – 20 Pages

Get Detailed Project Report

Gone are the days waiting at the door of the expert , as a result, get you Auto Garage Business project report in hand, now you can get you business plant in just 7 days.

First Step            –   Click add to basket  >>  Check Out  >>  Payment

Second Step       –   Provide Required Information on What’s App No.                                                      9301130551 or Email on [email protected]

Third Step           –   Get report within 7 days in PDF format. 

Don’t gamble anywhere, if you are serious about your business plan then Project Report bank is the right place to higher for the preparation of your detailed reports.  

To save time, we deliver reports over e-mail in a high-resolution PDF file and also provide hard copy through courier service in a given period. Our one more positive thing is that we provide 3 times free changes to your document post-delivery for up to 6 months and thereafter, on minor charges.

 

Every financial formula required by the bank is contained in a comprehensive Auto Garage Business project report. To get the sample financial project report on WhatsApp, kindly share your details with our support specialist and get it easily. Also, you can contact our support specialist by just clicking the HELP button on the bottom right corner of this screen. Our project report assistance helps in explaining the features of the reports to make you more clear and understandable on different project reports.

 

 SWOT Analysis

 Strengths

 Auto garage business is a very good business because the vehicle owner has to face the problem of where to fix their bike or scooty so that you can offer them an automobile repair garage. Auto garages business is profitable business ideas because everyone wants their car to run smoothly and they are looking for good maintenance and servicing auto garages, people always use to go to auto garages to check their vehicles.

 Weakness

Choosing the right equipment for an auto repair garage business is a very important task. You can also hire employees who specialize in auto repair skills. Auto garage manufacturing business requires both manmade and machinery capital.

Opportunities

Every business needs a proper business plan without a business plan that you cannot run any business successfully. You need to market your auto repair service using a different promotional strategy to promote your business using local media such as newspapers and radio stations. In addition you can use digital marketing to take your automobile business to the next level of marketing.

Threats

To start an auto garage business name in the market you have to do a lot of fight and hard work.

FAQ

How Much Money Can You Own an Auto Repair Shop?

In general, a large auto body shop can make $ 100,000 per year, and mechanics themselves can make $ 30,000 to $ 50,000 per year.  BizStats provides a breakdown of costs versus revenue.  This will, of course, vary depending on your location and area of ​​expertise.

How many parts do garages mark?

This markup will vary depending on the type and function of the shop, but an average markup for parts by a mechanic is between 25% and 50%.  This means that a part on your bill from the mechanic that pays $ 100 will cost you between $ 125 to $ 150.

Does the garage rip you off?

Due to an incredible handful of garages, 85% of drivers do not trust car mechanics.  We uncover techniques that use Doggy Garage to rip honest drivers.

Do garages make money on parts?

The garage charges a markup on the parts.  They buy them wholesale and then sell them to you for a profit – this is how the business works.  The problem is that many people do not know how many parts should cost.  Some mechanics try to capitalize on this by overcharging customers for components.

Can a garage keep my car if I refuse to pay?

 If you are refusing to pay when you dispute the bill, the garage has the right to keep your vehicle until the loan is paid.  If you make it clear that you are paying in protest, you will be able to get your car back, and it will be easier for you to dispute the cost and claim the money back later.