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  1. #1
    pontman43's Avatar
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    First off I would like to say that I would like to be where you are someday. Also I am 17 and a senior in high school and have my own small business (see sig). I plan on going to a Cal state college (San Jose hopefully) and getting my degree in business.

    My questions are about your business. First off about how much did it cost to start your shop? Did you build it or buy it built? How did you decide location? How did you get the money for it (I assume loans)? Kinda personal, but how much do you make, about, a year after all expenses? Is it worth it? How long did it take to start making money? Would you recomend others to do the same (obviously none around you )? Basically I wanna know what it takes to open and run a detailing shop and see if its worth it.

    Oh ya and what degree if any do you have or recomend?

    Thanks a lot,

    Skye
    1970 Camaro RS
    2013 Optima SX
    2005 Escalade Platinum
    2000 Integra GSR

  2. #2
    pontman43's Avatar
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    nobody has anything to say about the subject??
    1970 Camaro RS
    2013 Optima SX
    2005 Escalade Platinum
    2000 Integra GSR

  3. #3
    pontman43's Avatar
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    nobody has anything to say about the subject??
    1970 Camaro RS
    2013 Optima SX
    2005 Escalade Platinum
    2000 Integra GSR

  4. #4
    Superior Shine's Avatar
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    First off about how much did it cost to start your shop? A- I started with $2500



    Did you build it or buy it built? A- I bought out two other detailers so I got their equipment and suppies for cheap.



    A- I am a mobile detailer.



    How did you decide location? A- READ ABOVE



    How did you get the money for it (I assume loans)? A- I barrowed the $2500 from my mom-n-law.



    Kinda personal, but how much do you make, about, a year after all expenses? A- We bring in about $500 a day. We grossed $128,000 in 2004 and I net about $62,000 to put in my pocket.



    Is it worth it? A- It is a hard (heat, rain,, etc...) way to make a living but it is very rewarding at times.



    How long did it take to start making money? A- Didn`t make big money for about 6-7 years until I started to run a business and stopped chasing the "best wax", etc..



    Would you recomend others to do the same (obviously none around you )? A-No, I would get into something else if I it to do all over again, something to do with realestate maybe.



    Basically I wanna know what it takes to open and run a detailing shop and see if its worth it. A- No guts no glory!!!
    The second mouse gets the cheese!

  5. #5
    Superior Shine's Avatar
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    First off about how much did it cost to start your shop? A- I started with $2500



    Did you build it or buy it built? A- I bought out two other detailers so I got their equipment and suppies for cheap.



    A- I am a mobile detailer.



    How did you decide location? A- READ ABOVE



    How did you get the money for it (I assume loans)? A- I barrowed the $2500 from my mom-n-law.



    Kinda personal, but how much do you make, about, a year after all expenses? A- We bring in about $500 a day. We grossed $128,000 in 2004 and I net about $62,000 to put in my pocket.



    Is it worth it? A- It is a hard (heat, rain,, etc...) way to make a living but it is very rewarding at times.



    How long did it take to start making money? A- Didn`t make big money for about 6-7 years until I started to run a business and stopped chasing the "best wax", etc..



    Would you recomend others to do the same (obviously none around you )? A-No, I would get into something else if I it to do all over again, something to do with realestate maybe.



    Basically I wanna know what it takes to open and run a detailing shop and see if its worth it. A- No guts no glory!!!
    The second mouse gets the cheese!

  6. #6
    Reflection Perfection Reflctn Perfctn's Avatar
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    WOW!!!! how much tax does uncle sam take from you?????? Also what other expensives did you have?

  7. #7
    Reflection Perfection Reflctn Perfctn's Avatar
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    WOW!!!! how much tax does uncle sam take from you?????? Also what other expensives did you have?

  8. #8
    Reflection Perfection Reflctn Perfctn's Avatar
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    BTW...... this is an awsome quote and words to live by



    Didn`t make big money for about 6-7 years until I started to run a business and stopped chasing the "best wax", etc..

  9. #9
    Reflection Perfection Reflctn Perfctn's Avatar
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    BTW...... this is an awsome quote and words to live by



    Didn`t make big money for about 6-7 years until I started to run a business and stopped chasing the "best wax", etc..

  10. #10
    Superior Shine's Avatar
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    My money is divided 4 ways.

    1-employee

    2-biz expenses

    3-uncle sam

    4-wife



    I am lucky if I get anything!!
    The second mouse gets the cheese!

  11. #11
    Superior Shine's Avatar
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    My money is divided 4 ways.

    1-employee

    2-biz expenses

    3-uncle sam

    4-wife



    I am lucky if I get anything!!
    The second mouse gets the cheese!

  12. #12
    That'll buff right out! jimmybuffit's Avatar
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    Quote Originally Posted by Superior Shine
    My money is divided 4 ways.

    1-employee

    2-biz expenses

    3-uncle sam

    4-wife



    I am lucky if I get anything!!


    Coincidentally, I have found that I spend *about*:



    25% on Rent, Supplies, and expenses

    25% on Payroll

    25% on TAXES

    and 25% remaining for income.



    That`s 3 weeks for `them`, and one week for me...



    Clearly, an issue that many `rookies` do not realize.



    So, if I gross $200,000, then I net $50,000. Got it?



    Jim
    "If it was easy, everybody`d be doing it."
    www.jimmybuffit.com

  13. #13
    That'll buff right out! jimmybuffit's Avatar
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    Quote Originally Posted by Superior Shine
    My money is divided 4 ways.

    1-employee

    2-biz expenses

    3-uncle sam

    4-wife



    I am lucky if I get anything!!


    Coincidentally, I have found that I spend *about*:



    25% on Rent, Supplies, and expenses

    25% on Payroll

    25% on TAXES

    and 25% remaining for income.



    That`s 3 weeks for `them`, and one week for me...



    Clearly, an issue that many `rookies` do not realize.



    So, if I gross $200,000, then I net $50,000. Got it?



    Jim
    "If it was easy, everybody`d be doing it."
    www.jimmybuffit.com

  14. #14
    pontman43's Avatar
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    Thanks a lot for the info! Definitly makes me rethink what I wanna do for my future. I guess things will work themselves out.
    1970 Camaro RS
    2013 Optima SX
    2005 Escalade Platinum
    2000 Integra GSR

  15. #15
    pontman43's Avatar
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    Thanks a lot for the info! Definitly makes me rethink what I wanna do for my future. I guess things will work themselves out.
    1970 Camaro RS
    2013 Optima SX
    2005 Escalade Platinum
    2000 Integra GSR

 

 
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