Quote:
Originally Posted by tx-skydiver
Hi folks,
I hope this question is ok. It is my first post so I'm not sure. I apologize if it isn't cool and mods can feel free to delete if need be.
I am currently (still) employed and make very good money - however, I am primed to be layed off at any time. I no longer want to stay in my industry or work for the corporations any longer and want do my own thing where I have more control of my destiny.
I was thinking of doing PDR and was checking out a couple of different sites that specialize in training. I found a third option today on this site and called them. The guy was awesome and spent 1.5 hours on the phone with me.
Bottom line is that he says PDR isn't the place to be and I needed to look into detailing as my foundation with a couple of other services to offer...but not PDR.
Do you all agree with this?
Why not PDR? - Can't more $ be generated faster with PDR over detailing?
What kind of money is generated by this business? Are 6 figures attainable?
How is this economy treating your business?
Thanks.
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I would definitely tell you that out of ALL the auto reconditionong services you can offer, detailing provides the lowest return and the most amount of work. Reason being is detailing is the cheapest to get into and people for some reason have the impression that it is a goldmine. 95% of the people that have opened a detailing business in my city since I opened are GONE. Most of the people I know in the detailing business relate the same story about their area.
PDR has a FAR greater profit margin and operating expenses are next to nothing. However, as mentioned earlier it is difficult to learn and takes a while to get the hang of it. Paint touch ups and minor repairs has a great profit margin but start up costs are higher and there are environmental concerns. Window tinting is another avenue that is worth exploring but is extremely competitive and takes a while to get good.
There is no magic bullet in this business. You can make money if you are a good business person AND good at what you choose to do. I can't tell you how many very smart people I have met that opened a detail business and failed because they couldn't detail cars and great detailers that failed because they couldn't run a business.