Opportunity
Problem
There is an increasing demand for auto parts and repair services due to the high commuter traffic. Most middle- and upper-class customers and tourists need convenience. Where can they go for all their needs?
Solution
Quick and Dirty Auto Repair offers high-quality repair services and a complete range of parts. QDAR focuses on personalized service to its customers by offering convenience and rapid service. QDAR also has the technology to monitor every part inventory electronically. This ensures that parts are always on hand and inventory is kept balanced to maximize inventory turnover. QDAR has excellent vendor relationships with highly service-oriented vendors who can ship major parts quickly (most cases within 24 hours).
Market
The market for auto parts sales and services is fragmented. Many auto shops only offer parts inventory or repair services. The niche where QDAR positions itself represents auto centers that offer both auto services and parts at one convenient location. QDAR’s services will be offered to middle and upper-class customers. They are less sensitive to price because they value convenience and quick turnaround on any make or model of vehicle.
Our Competition
Quick and Dirty Auto Repair strives to provide high-quality auto repairs and a wide range of auto parts. QDAR focuses on personalized service to its customers by offering convenience and rapid service. QDAR’s technology is advanced with the ability to monitor all parts inventories electronically. This helps to ensure parts are always in stock and maintains a balanced inventory to maximize inventory turnover. Finally, QDAR has strong vendor relationships with the most service conscious vendors who are capable of shipping major parts rapidly (on an overnight timeline in most cases).
There are over 400 auto repair and auto parts competitors in the local area. Only 25% of these competitors offer both automotive repair services and inventories. Only a few of them are large national chains. The remainder are privately-owned small businesses. QDAR will be able to compete by being convenient and providing excellent customer service. QDAR’s honesty and reputation will play an important role in repeat customers and building loyal customers.
Why Us?
Quick and Dirty Auto Repair strives to provide high-quality auto repairs and a wide range of auto parts. QDAR prides itself on providing fast and efficient service. QDAR also has the technology to ensure parts are always on hand. It can also monitor inventory levels electronically to keep an inventory balance and maximize inventory turnover. Finally, QDAR has strong vendor relationships with the most service conscious vendors who are capable of shipping major parts rapidly (on an overnight timeline in most cases).
Expectations
Forecast
QDAR’s analysis is based on the averages of the first-year figures for total sales by units, and for operating expenses. These conservative assumptions provide a more accurate estimation of real risk.
Financial Highlights per Year
Financing is Required
Our investment is $250,000:
Jake Brakes $62,500
Blair Horn $62,500
Yugo Ford $62,500
Gaz Motor $62,500