B U S I N E S S P L A N
[YEAR]
Auto Repair Shop
Add More Life to Your Car
John Doe
10200 Bolsa Ave, Westminster, CA, 92683
(650) 359-3153
http://www.example.com
Information provided in this business plan is unique to this business and condential;
therefore, anyone reading this plan agrees not to disclose any of the information in this
business plan without prior written permission of the company
Table of Contents
Executive Summary
5
Objectives
6
Keys to Success
6
Mission Statement
7
Vision Statement
7
Financial Summary
7
3 Year prot forecast
8
Company Summary
9
Business Structure
10
Startup summary
11
Startup cost
11
Products and services
14
Market Analysis
17
Market Trends
18
Target Market
18
Market Segmentation
18
SWOT Analysis
19
Strategy & Implementations
21
Sales Forecast
22
Advertising Strategy
23
Local Publications
23
Community Events/Organizations
23
Commuter Advertising
23
Customer Loyalty Programs
24
Direct Mail
24
Pricing Strategy
24
Auto Repair Shop | Business Plan [YEAR] 2/35
Business planning that’s simpler and faster than you think
Creating a business plan using Upmetrics to start and grow a business is literally the easiest
thing in the World. Simply read the instructions and ll in the blanks. It’s as simple as that.
Upmetrics has everything you need to create a
comprehensive business plan.
❛ ❜
AI-powered Upmetrics Assistant
AI-powered insights to streamline your plan
Not sure where to start? Upmetrics’ AI Assistant will
automatically generate ideas for each section of your plan and
offer improved versions of your writing, adjusting for tone, voice,
and grammar or spelling errors.
Financial Forecasting Tool
All the nancials are calculated for you
Forget the complex formulas and clumsy spreadsheets —
with automatic nancials and drag-and-drop forecasting, you
can nish your plan faster and be condent that your
numbers are accurate.
Business Plan Builder
Guides you like a business mentor
Upmetrics’ step-by-step instructions, prompts, and the library of
400+ sample business plans will guide you through each section
of your plan as a business mentor.
Start writing here..
Objectives
Start writing here..
Keys to Success
Start writing here..
Before you think about how to start an Auto Garage business, you must
create a detailed Auto Garage business plan. It will guide you in the initial
phases of your startup and help you later on.
To unlock help try Upmetrics!
Maxwell Auto Garage, LLC is a U.S based and licensed auto repair garage. We have been able to
secure a standard and well-positioned garage facility in a central and busy district in Detroit -
Michigan.
We are an auto repair services company that is set to compete in the highly competitive and
fragmented auto repair and maintenance services industry in Detroit - Michigan and throughout
the United States market because we intend to open our outlets in key cities across the United
States.
Maxwell Auto Garage, LLC will offer services such as mechanical and electrical repair and
maintenance work for cars, trucks, vans, and trailers et al. Our business goal is to become one
of the leading auto repair garages in the United States and we will make sure that we do all we
can to compete favorably with leaders in the industry such as Jiffy Lube, Midas and Monro and
also automobile manufacturing companies who have services centers.
To unlock help try Upmetrics!
The objectives over the next three years for Maxwell Auto Garage are the following:
Sales revenues increase steadily through year three.
Institute a program of superior customer service through rigorous evaluation of service
experience.
Hire three more mechanics.
•
•
•
To unlock help try Upmetrics!
In the auto repair industry, a company builds its client base, one customer, at a time and mostly
through word of mouth marketing. With this in mind, the keys to success for Maxwell Auto
Garage are:
High-quality work.
Constant contact with clients so as to keep them informed about the state of their
automobile and the repair job progress.
Knowledgeable mechanics that are friendly, customer-oriented, and will take the time to
explain to customers the intricate nature of our business and our work.
•
•
•
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 6/35
Mission Statement
Start writing here..
Vision Statement
Start writing here..
Financial Summary
Start writing here..
Our mission is to provide professional auto repair, maintenance services, and other auto repair-
related services that will assist businesses, individuals, households, and non-prot
organizations who own automobiles in ensuring that their automobiles are always in good
shape.
To unlock help try Upmetrics!
Our vision is to establish a standard and world-class auto repair garage whose services and
brand will be accepted in Detroit - Michigan and other cities in the United States of America.
To unlock help try Upmetrics!
Maxwell Auto Garage is seeking total funding of $350,000 of debt capital to open its auto repair
business. The capital will be used for funding capital expenditures and location build-out,
salaries, marketing expenses, and working capital.
Specically, these funds will be used as follows:
Location design/build: $150,000
Working capital: $200,000 to pay for marketing, salaries, and lease costs until Maxwell
Auto Garage reaches break-even
Topline projections over the next ve years are as follows:
•
•
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 7/35
3 Year prot forecast
Start writing here..
Financial Summary Year 1 Year 2 Year 3
Revenue $965,742 $1,878,611 $2,718,300
Total Expenses $390,241 $630,018 $931,935
EBITDA $575,501 $1,248,593 $1,786,365
Depreciation $8,720 $8,720 $8,720
EBIT $566,781 $1,239,873 $1,777,645
Interest $5,077 $4,442 $3,807
PreTax Income $561,705 $1,235,431 $1,773,838
Income Tax Expense $196,597 $432,401 $620,843
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 8/35
Start writing here..
Business Structure
Start writing here..
Maxwell Auto Garage, LLC is founded by Engr. John Moore an auto mechanical engineer per
excellence who graduated from Illinois Institute of Technology (B.Engr.) and his twin brother
and business partner for many years James Romney.
They have a combined experience that can help them build Maxwell Auto Garage, LLC to
favorably compete with leaders in the industry such as Jiffy Lube, Midas, and Monro and also
automobile manufacturing companies that have services centers.
We will make sure that we take all the members of our workforce through the required training
that will position them to meet the expectation of the company and to compete with leading
auto repair garages and services centers in the United States and throughout the globe.
At Maxwell Auto Garage, LLC, our client’s best interest will always come rst, and everything we
do will be guided by our values and professional ethics. We will ensure that we hold ourselves
accountable to the highest standards by meeting our client’s needs precisely and completely.
We will cultivate a working environment that provides a human, sustainable approach to
earning a living, and living in our world, for all our partners, employees, and for our clients.
To unlock help try Upmetrics!
Maxwell Auto Garage, LLC is an auto repair and maintenance garage that intends to start small
in Detroit - Michigan but hopes to grow big in order to compete favorably with leading
automobile repair garages and automobile servicing centers in the industry both in the United
States and on a global stage.
We are aware of the importance of building a solid business structure that can support the
picture of the kind of world-class business we want to own. This is why we are committed to
only hire the best hands within our area of operations.
At Maxwell Auto Garage, LLC, we will ensure that we hire people that are qualied, hardworking,
creative, customer-centric, and are ready to work to help us build a prosperous business that
will benet all the stakeholders (the owners, workforce, and customers).
As a matter of fact, a prot-sharing arrangement will be made available to all our senior
management staff and it will be based on their performance for a period of ve years or more
as agreed by the board of trustees of the company. In view of the above, we have decided to
hire qualied and competent hands to occupy the following positions:
Chief Executive Ocer
Auto Garage Supervisor
Human Resources and Admin Manager
Sales and Marketing Executive
Accountant
Automobile Repair and Maintenance Engineers / Technicians (10)
Client Service Executive
•
•
•
•
•
•
•
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 10/35
Startup summary
Start writing here..
Startup cost
Expenses 50,000
Assets 80,000
Investment 35,000
Cost distribution
Amount
Start-up Expenses Amount
Legal $75,500
Consultants $0
Insurance $62,750
Rent $22,500
Research and Development $42,750
Expensed Equipment $42,750
The data obtained for the start-up comes from research done in the Seattle area with other
small mechanic shops that have started their own business. Ination has been taken into
account between the estimates of these fellow business owners (and when they started) and
the current prices for expensed items.
Much of the equipment to go into the facilities such as tools, air compressors, etc., are
currently owned by the two partners.
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 11/35
Start-up Expenses Amount
Signs $1,250
TOTAL START-UP EXPENSES $247,500
Start-up Assets $0
Cash Required $322,500
Start-up Inventory $52,625
Other Current Assets $222,500
Long-term Assets $125,000
TOTAL ASSETS $121,875
Total Requirements $245,000
START-UP FUNDING $0
START-UP FUNDING $273,125
Start-up Expenses to Fund $121,875
Start-up Assets to Fund $195,000
TOTAL FUNDING REQUIRED $0
Assets $203,125
Non-cash Assets from Start-up $118,750
Cash Requirements from Start-up $0
Additional Cash Raised $118,750
Cash Balance on Starting Date $121,875
TOTAL ASSETS $0
Liabilities and Capital $0
Liabilities $0
Current Borrowing $0
Long-term Liabilities $0
Accounts Payable (Outstanding Bills) $0
Other Current Liabilities (interest-free) $0
TOTAL LIABILITIES $0
Capital $0
Auto Repair Shop | Business Plan [YEAR] 12/35
Start-up Expenses Amount
Planned Investment $0
Investor 1 $312,500
Investor 2 $0
Other $0
Additional Investment Requirement $0
TOTAL PLANNED INVESTMENT $695,000
Loss at Start-up (Start-up Expenses) $313,125
TOTAL CAPITAL $221,875
TOTAL CAPITAL AND LIABILITIES $221,875
Total Funding $265,000
Auto Repair Shop | Business Plan [YEAR] 13/35
3.
Products and services
Auto Repair Shop | Business Plan [YEAR] 14/35
Start writing here..
Repairing and replacing
automotive engines
Performing general automotive
repairs
Power train repair services
Brake repair services
Scheduled and preventive
repair and maintenance
services
Repairing trucks
Repairing and replacing
automotive exhaust systems
Repairing and replacing
muers
Repairing automotive
transmissions
Repairing automotive brakes
Performing automotive electric
repairs
Performing automotive wheel
alignments
Maxwell Auto Garage, LLC was established with the aim of maximizing prots in the auto repair
shop industry. We want to compete favorably with the leading auto garages in the United States
which is why we have put in place a competent quality assurance team that will ensure that
every repair, service, and maintenance carried out or related services rendered meet and even
surpass our customers’ expectations.
We will work hard to ensure that Maxwell Auto Garage, LLC is not just accepted in Detroit -
Michigan but also in other cities in the United States of America where we intend to open our
garages. Our products and services are listed below:
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 15/35
Market Trends
Start writing here..
Target Market
Start writing here..
Market Segmentation
Start writing here..
The most important component of an effective Auto Garage business plan is
its accurate marketing analysis. If you are starting on a smaller scale, you
can do marketing analysis yourself by taking help from this Auto Garage
business plan sample or other Auto Garage business plans available online.
To unlock help try Upmetrics!
One good thing about the Auto Repair Shop industry is that it is an open industry hence a low
level of market share concentration. Even though large automobile companies operating in the
industry, revenue is also spread among thousands of small auto garages and even mobile auto
repair businesses.
As a matter of fact, no single auto repair shop or auto company can account for more than 5.0
percent of the total revenue generated in the industry. This is the reason why smaller auto
repair shops account for a large percent of the players in the auto repair services industry.
It is a known trend in the developed world and even developing world to nd steady growth in
the Auto Repair Shop Industry, As a matter of fact, the Auto Repair Shop industry has grown
steadily over the last ve years in the United States of America and it is projected to continue to
enjoy steady growth.
Individuals and businesses have increased demand for auto repair services, as rising per capita
disposable income and corporate prot encourage consumers to opt for auto repair and
maintenance services over the do-it-yourself repair. Going forward, disposable income levels
are expected to continue to grow, encouraging some consumers to spend more on the
maintenance and repair of their automobiles.
Lastly, it is now becoming trendy to nd automobile engineers and technicians who do not have
the required nance to rent a shop opt for mobile auto repair garage business; they are known
to move around especially on highways with their complete toolbox looking for broken down
cars, trucks and vans et al to x.
To unlock help try Upmetrics!
Before starting our auto repair and maintenance garage in Detroit - Michigan, we conducted a
market survey and feasibility studies and we are certain that there is a wide range of both
corporate and individual clients who would need the services of auto repair and maintenance
garages especially haulage companies and transport companies.
In view of that, we have created strategies that will enable us to reach out to various corporate
organizations and households that we know can’t afford to do without our services. Below is a
list of the people and organizations that we have specically market our products and services
to;
Banks, Insurance Companies, and other related Financial Institutions
Blue Chips Companies
Corporate Organizations
Manufacturers and Distributors
Transport Companies
Haulage Companies
Individuals and households
School with transportation system for students
•
•
•
•
•
•
•
•
To unlock help try Upmetrics!
The following table and chart show the market analysis for Maxwell Auto Garage.
Potential Customers
Growth Year1 Year2 Year3 CAGR
Number of cars in Seattle 3% 145,833 150,208 154,714 3.00%
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 18/35
5.
SWOT Analysis
Auto Repair Shop | Business Plan [YEAR] 19/35
Start writing here..
Strength
Our core strength lies in the power of our
team; our workforce. We have a team of
certied and highly trained and experienced
automobile maintenance and repair
engineers and technicians, a team with
excellent qualications and experience in
various niche areas in the automobile
maintenance and repair service industry.
Aside from the synergy that exists in our
carefully selected workforce, our services will
be guided by best practices in the industry.
Weakness
As a new auto repair and maintenance
garage in Detroit - Michigan, it might take
some time for our auto repair and
maintenance garage to break into the market
and gain acceptance especially from top
prole clients in the already saturated and
highly competitive auto maintenance and
repair services industry; that is perhaps our
major weakness. Another weakness is that
we may not have the required cash to pump
into promoting our business the way we
would want to.
Opportunity
No doubt, the opportunities in the auto
maintenance and repair services industry are
massive considering the number of
individuals and corporate organizations who
own automobiles in the United States. As an
auto repair and maintenance garage, we are
ready to take advantage of any opportunity
that is available in the industry.
Threat
Just like any other business, one of the major
threats that we are likely going to face is an
economic downturn. It is a fact that the
economic downturn affects purchasing/
spending power. Another threat that may
likely confront us is the arrival of a new auto
repair and maintenance garage in the same
location where our target market exists and
who may want to adopt the same Business
model as us.
Maxwell Auto Garage, LLC engaged the services of a core professional in the area of business
consulting and structuring to assist our organization in building a well – structured auto repair
garage business that can favorably compete in the highly competitive auto maintenance and
repair service industry in the United States and the world at large.
Part of what the team of business consultants did was to work with the management of our
organization in conducting a comprehensive SWOT analysis for Maxwell Auto Garage, LLC.
Here is a summary from the result of the SWOT analysis that was conducted on behalf of
Maxwell Auto Garage, LLC:
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 20/35
Sales Forecast
Start writing here..
2021-22 164,292 184,829 143,756
2022-23 172,507 194,070 150,944
2023-24 182,512 205,327 159,698
Financial Year
Routine maintenance
Small repair jobs
Large repair jobs
After identifying the market demand, market trends, and the potential
customers of the startup, the next step is to dene an effective strategy for
attracting those customers. Like marketing analysis, sales strategy is also an
important component of an Auto Garage business startup and must be
properly planned before you think about starting your own Auto Garage
business.
To unlock help try Upmetrics!
Since the automotive repair industry is, operationally, a job-shop environment, it is somewhat
dicult to estimate sales. For job shops, each individual product or service is tailored or unique
to that job and is only initiated once an order is made. However, the sales forecast reect the
professional opinion of Mr. Ford in how much sales he will make based on the following
assumptions:
The number of clients Ford and Ronald can attract from their previous companies.
The effect of planned promotions and word-of-mouth marketing.
Current prices and costs of doing business.
The types of automobiles and jobs that will occur every month.
For the most part, sales for an automobile repair rm are steady year-round and reect little
seasonality.
The table and charts below outline the sales forecast. Three years of annual sales and costs of
sales are shown. Twelve monthly tallies are included in the appendices.
1.
2.
3.
4.
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 22/35
Advertising Strategy
Start writing here..
Local Publications
Start writing here..
Community Events/Organizations
Start writing here..
Commuter Advertising
Start writing here..
Maxwell Auto Garage expects its target market to be individuals working and/or living within a
20-mile radius of its location. Maxwell Auto Garage's promotions strategy to reach these
individuals includes:
To unlock help try Upmetrics!
Maxwell Auto Garage will announce its opening several weeks in advance through publicity
pieces in multiple local newspapers and publications. Regular advertisements will run to
maintain exposure to relevant markets. Community newspapers, school publications, sports
programs, and similar channels will be a major promotion effort.
To unlock help try Upmetrics!
Maxwell Auto Garage will promote itself by distributing marketing materials and participating in
local community events, such as school fairs, local festivals, homeowner associations, or
sporting events.
To unlock help try Upmetrics!
We will drive attention to Maxwell Auto Garage by hiring workers to hold signs on highways.
Advertising on heavily traveled commute routes is an opportunity to alert large numbers of
working individuals with disposable income of our opening.
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 23/35
Customer Loyalty Programs
Start writing here..
Direct Mail
Start writing here..
Pricing Strategy
Start writing here..
Maxwell Auto Garage will create a customer loyalty program to keep its best clients coming
back again and again. Long-term customers will have the opportunity to participate in the
loyalty program, and referrals will be rewarded as well.
To unlock help try Upmetrics!
Maxwell Auto Garage will blanket neighborhoods surrounding its locations with direct mail
pieces. These pieces will provide general information on Maxwell Auto Garage, offer discounts,
and/or provide other promotions for people to avail of our services.
To unlock help try Upmetrics!
At Maxwell Auto Garage, LLC we will keep the prices of our services below the average market
rate for all of our customers by keeping our overhead low and by collecting payment in advance
from corporate organizations who would steadily bring in their eet of automobiles for routine
servicing, maintenance, and repairs. In addition, we will also offer special discounted rates to all
our customers at regular intervals.
We are aware that there are some one-off jobs or government contracts that are always
lucrative, we will ensure that we abide by the pricing model that is expected from contractors or
organizations that bid for such contracts.
To unlock help try Upmetrics!
Maxwell Auto Garage
Maxwell Auto Garage
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 24/35
Start writing here..
Important Assumptions
The nancial projections of the company are forecast on the basis of the following assumptions.
These assumptions are quite conservative and are expected to show deviation but to a limited level
such that the company’s major nancial strategy will not be affected.
Year 1 Year 2 Year 3
Plan Month 1 2 3
Current Interest Rate 10,00% 11,00% 12,00%
Long-term Interest Rate 10,00% 10,00% 10,00%
Tax Rate 26,42% 27,76% 28,12%
Other 0 0 0
Brake-even Analysis
Monthly Units Break-even 5530
Monthly Revenue Break-even $159 740
Assumptions:
Average Per-Unit Revenue $260,87
Average Per-Unit Variable Cost $0,89
Estimated Monthly Fixed Cost $196 410
The last component of the Auto Garage business plan is an in-depth nancial
plan. The nancial plan crafts a detailed map of all the expenses needed for
the startup and how these expenses will be met by the earned prots. It is
recommended that you use our nancial planning tool for guiding you
through all nancial aspects needed to be considered for starting an Auto
Garage business.
To unlock help try Upmetrics!
The company will be nanced by John himself and he will control the direction of the business
to make sure that it is expanding at the forecasted rate. As for the Auto Garage business start-
up, no equity funding or outside loans will be required. With the help of nancial experts, John
has developed the following nancial plan for his start-up business, which outlines the nancial
development of the moving service business over the next three years.
To unlock help try Upmetrics!
Maxwell Auto Garage
Auto Repair Shop | Business Plan [YEAR] 26/35
Projected Prot and Loss
Revenue
$521,170.83 $1,073,157.17 $1,949,839
General Repair Services
$286,519.50 $514,540.50 $924,030
Unit Sales
1,910 3,430 6,160
Unit Price
$150 $150 $150
Scheduled Maintenance
$141,051.33 $465,016.67 $932,209
Users
680 1,623 3,017
Recurring Charges
$33.33 $33.33 $33.33
Tire and Alignment
Services
$93,600 $93,600 $93,600
Unit Sales
936 936 936
Unit Price
$100 $100 $100
Cost Of Sales
$34,263.91 $64,234.60 $113,151.89
General Costs
$34,263.91 $64,234.60 $113,151.89
Repair and Maintenance
Costs
$16,100.23 $29,556.96 $50,536.57
Repair Materials
$5,676.82 $8,093.83 $11,539.80
Equipment Maintenance
$10,423.41 $21,463.13 $38,996.77
Labor and Service Costs
$18,163.68 $34,677.64 $62,615.32
Technician Labor Costs
$10,346.12 $18,580.28 $33,367.74
Service Delivery Costs
$7,817.56 $16,097.36 $29,247.58
Revenue Specic Costs
$0 $0 $0
Personnel Costs (Direct
Labor)
$0 $0 $0
2024
2025
2026
Auto Repair Shop | Business Plan [YEAR] 27/35
Gross Margin
$486,906.92 $1,008,922.57 $1,836,687.11
Gross Margin (%)
93.43% 94.01% 94.20%
Operating Expense
$687,410.42 $755,502.53 $862,728.34
Payroll Expense (Indirect
Labor)
$598,500 $614,433 $630,862.44
Management Team
$142,500 $148,275 $154,298.28
Shop Manager
$75,000 $78,750 $82,687.56
Finance Ocer
$67,500 $69,525 $71,610.72
Technical Staff
$345,600 $354,240 $363,104.64
Senior Mechanics
$172,800 $177,984 $183,323.52
Junior Mechanics
$172,800 $176,256 $179,781.12
Support Staff
$110,400 $111,918 $113,459.52
Receptionist
$41,400 $42,228 $43,072.56
Cleaners
$69,000 $69,690 $70,386.96
General Expense
$88,910.42 $141,069.53 $231,865.90
Facility and Utilities
$30,000 $33,920.22 $49,475.67
Rent
$24,000 $26,824.26 $38,860.25
Utilities
$6,000 $7,095.96 $10,615.42
Marketing and Advertising
$39,470.58 $70,667.44 $119,064.30
Digital Marketing
$26,058.55 $53,657.87 $97,491.97
Local Advertising
$13,412.03 $17,009.57 $21,572.33
Operational Supplies and
Maintenance
$19,439.84 $36,481.87 $63,325.93
Oce Supplies
$3,804.70 $4,287.13 $4,830.73
Equipment Maintenance
$15,635.14 $32,194.74 $58,495.20
2024
2025
2026
Auto Repair Shop | Business Plan [YEAR] 28/35
Bad Debt
$0 $0 $0
Amortization of Current
Assets
$0 $0 $0
EBITDA
($200,503.49) $253,420.05 $973,958.78
Additional Expense
$21,863.05 $20,772.56 $19,614.82
Long Term Depreciation
$16,344 $16,344 $16,344
Gain or loss from Sale of
Assets
$0 $0 $0
EBIT
($216,847.49) $237,076.05 $957,614.78
Interest Expense
$5,519.05 $4,428.56 $3,270.82
EBT
($222,366.54) $232,647.49 $954,343.96
Income Tax Expense /
Benet
$0 $0 $0
Total Expense
$743,537.38 $840,509.69 $995,495.05
Net Income
($222,366.54) $232,647.49 $954,343.96
Net Income (%)
(42.67%) 21.68% 48.94%
Retained Earning Opening
$0 ($442,366.54) ($409,719.05)
Owner's Distribution
$220,000 $200,000 $200,000
Retained Earning Closing
($442,366.54) ($409,719.05) $344,624.91
2024
2025
2026
Auto Repair Shop | Business Plan [YEAR] 29/35
Projected Cash Flow
Cash Received
$521,170.84 $1,073,157.18 $1,949,839.01
Cash Paid
$727,193.38 $824,165.69 $979,151.05
COS & General Expenses
$123,174.33 $205,304.13 $345,017.79
Salary & Wages
$598,500 $614,433 $630,862.44
Interest
$5,519.05 $4,428.56 $3,270.82
Sales Tax
$0 $0 $0
Income Tax
$0 $0 $0
Net Cash From
Operations
($206,022.54) $248,991.49 $970,687.96
Assets Sell
$0 $0 $0
Assets Purchase
$105,000 $0 $0
Net Cash From
Investments
($105,000) $0 $0
Amount Received
$150,000 $0 $0
Loan Received
$100,000 $0 $0
Common Stock
$0 $0 $0
Preferred Stock
$0 $0 $0
Owner's Contribution
$50,000 $0 $0
Amount Paid
$237,680.31 $218,770.80 $219,928.54
Loan Capital
$17,680.31 $18,770.80 $19,928.54
Dividends & Distributions
$220,000 $200,000 $200,000
Net Cash From
Financing
($87,680.31) ($218,770.80) ($219,928.54)
2024
2025
2026
Auto Repair Shop | Business Plan [YEAR] 30/35
Summary
Starting Cash
$0 ($398,702.85) ($368,482.16)
Cash In
$671,170.84 $1,073,157.18 $1,949,839.01
Cash Out
$1,069,873.69 $1,042,936.49 $1,199,079.59
Change in Cash
($398,702.85) $30,220.69 $750,759.42
Ending Cash
($398,702.85) ($368,482.16) $382,277.26
2024
2025
2026
Projected Balance Sheet
Assets
($310,046.85) ($296,170.16) $438,245.26
Current Assets
($398,702.85) ($368,482.16) $382,277.26
Cash
($398,702.85) ($368,482.16) $382,277.26
Accounts Receivable
$0 $0 $0
Inventory
$0 $0 $0
Other Current Assets
$0 $0 $0
Long Term Assets
$88,656 $72,312 $55,968
Gross Long Term Assets
$105,000 $105,000 $105,000
Accumulated Depreciation
($16,344) ($32,688) ($49,032)
Liabilities & Equity
($310,046.85) ($296,170.16) $438,245.26
Liabilities
$82,319.69 $63,548.89 $43,620.35
Current Liabilities
$18,770.80 $19,928.54 $0
Accounts Payable
$0 $0 $0
Income Tax Payable
$0 $0 $0
2024
2025
2026
Auto Repair Shop | Business Plan [YEAR] 31/35
Sales Tax Payable
$0 $0 $0
Short Term Debt
$18,770.80 $19,928.54 $0
Long Term Liabilities
$63,548.89 $43,620.35 $43,620.35
Long Term Debt
$63,548.89 $43,620.35 $43,620.35
Equity
($392,366.54) ($359,719.05) $394,624.91
Paid-in Capital
$0 $0 $0
Common Stock
$0 $0 $0
Preferred Stock
$0 $0 $0
Owner's Contribution
$50,000 $50,000 $50,000
Retained Earnings
($442,366.54) ($409,719.05) $344,624.91
Check
$0 $0 $0
2024
2025
2026
Business Ratios
Year 1 Year 2 Year 3 Industry Prole
Sales Growth 4,35% 30,82% 63,29% 4,00%
Percent of Total Assets
Accounts Receivable 5,61% 4,71% 3,81% 9,70%
Inventory 1,85% 1,82% 1,79% 9,80%
Other Current Assets 1,75% 2,02% 2,29% 27,40%
Total Current Assets 138,53% 150,99% 163,45% 54,60%
Long-term Assets -9,47% -21,01% -32,55% 58,40%
TOTAL ASSETS 100,00% 100,00% 100,00% 100,00%
Current Liabilities 4,68% 3,04% 2,76% 27,30%
Long-term Liabilities 0,00% 0,00% 0,00% 25,80%
Total Liabilities 4,68% 3,04% 2,76% 54,10%
Auto Repair Shop | Business Plan [YEAR] 32/35
Year 1 Year 2 Year 3 Industry Prole
NET WORTH 99,32% 101,04% 102,76% 44,90%
Percent of Sales
Sales 100,00% 100,00% 100,00% 100,00%
Gross Margin 94,18% 93,85% 93,52% 0,00%
Selling, General & Administrative Expenses 74,29% 71,83% 69,37% 65,20%
Advertising Expenses 2,06% 1,11% 0,28% 1,40%
Prot Before Interest and Taxes 26,47% 29,30% 32,13% 2,86%
Main Ratios
Current 25,86 29,39 32,92 1,63
Quick 25,4 28,88 32,36 0,84
Total Debt to Total Assets 2,68% 1,04% 0,76% 67,10%
Pre-tax Return on Net Worth 66,83% 71,26% 75,69% 4,40%
Pre-tax Return on Assets 64,88% 69,75% 74,62% 9,00%
Additional Ratios
Net Prot Margin 19,20% 21,16% 23,12% N.A.
Return on Equity 47,79% 50,53% 53,27% N.A.
Activity Ratios
Accounts Receivable Turnover 4,56 4,56 4,56 N.A.
Collection Days 92 99 106 N.A.
Inventory Turnover 19,7 22,55 25,4 N.A.
Accounts Payable Turnover 14,17 14,67 15,17 N.A.
Payment Days 27 27 27 N.A.
Total Asset Turnover 1,84 1,55 1,26 N.A.
Debt Ratios
Debt to Net Worth 0 -0,02 -0,04 N.A.
Current Liab. to Liab. 1 1 1 N.A.
Liquidity Ratios
Net Working Capital $120 943 $140 664 $160 385 N.A.
Auto Repair Shop | Business Plan [YEAR] 33/35
Create a winning business plan that gets you funded
Creating a stunning and investment-ready plan requires no writing, graphic designing, or nancial
planning expertise.
Upmetrics has all the features required to help you create a comprehensive business plan—from start to nish.
Make no mistakes, it’s the modern way of planning to structure ideas, make plans, and create stunning pitch
decks to awe investors.
Pitch decks that impress investors
Create pitch decks that provide a visual
representation of your business, engage
investors, and make them want to invest in your
business idea.
Interactive plans in no time
Import business plan sections like—SWOT
analysis, comparison tables, and others to create
an interactive business plan. No designing skills
are required.
Stunning cover page designs
With Upmetrics, you have the liberty to choose
from multiple stunning cover page designs.
Choose a creative design and make your plan
stand out.
500+ sample business plans
Simply import a template from our library of
sample plans into the editor and start
customizing it to make it yours. It takes only a few
clicks to get started.
Online sharing made simple
Upmetrics makes online sharing quick and easier
for users. Easily share your business plans with a
link while tracking reader activity.
Collaborate with team in real-time
Invite team members, initiate conversations,
discuss ideas & strategies, share feedback, and
work on a business plan in real-time.
