Starting a detailing & autoglass business

I operated my own Detailing business years ago, from 2004 until 2007.  I was doing very well and building a client base, until I ended up moving ~300km away and sold my detailing truck and some of my equipment...


 


Fast forward to this year, and I am now in the serious planning and fundraising stages of going into business with a partner, who has many many years of autoglass experience.  He brings many accounts with him to the business, and I believe would be the mainstay of the business.


 


I would also be detailing, the shop we pick would have room for at least 3-4 cars, so we could work together on both sides, he is more than willing to help detail, and I am more than willing to help with glass.  I should input, I grew up in the glass industry as my father owned and operated a very sucessful one from 1981 until his retirement in 2003.  My mother was the bookeeper for the business as well, so I know quite a bit about the operations side of things.


 


I know a lot of people want to steer clear of partnerships, and I am 100% certain that this one can work.  We are currently working together with him as the Manager and me as Assistant Manager, and everything is tickity-boo.


 


The cross-promotion that can happen seems like a great complimentary advantage, when a car is here for a windshield, it can also get detailed... and when a car is getting detailed, it can also get the windshield replaced!


 


We would be opening our business in a town of ~32,000 people, with a town of ~125,000 people less than 15km away.  The larger town is quite saturated with autoglass shops, but our smaller town can easily support a new addition.  There are almost no *quality* detail shops in our immediate area, there are a few 'car wash' detailers, and I'm going to assume there must be at least ONE quality detailer... In our general area, there are many very wealthy people, Ferarris, Porsches, Bentleys, etc... all seen driving, and I would like to promote ourselves as the highest quality detailing outfit in business... which I know I can back-up with quality work.


 


I think we have settled on a business name of "Leading Edge Glass & Detail"


 


We looked at a couple locations today, and one had great frontage to a very busy street, 1700sq ft, so room for at least 3 cars inside with a nice showroom/office up front.  Cost will be ~$2800/month including triple net.  I have tried my best to work out our monthly operating costs, and my calculations seem to be between $12k and $15k per month...


 


I have figured our glass sales alone would easily average $30k/month, with spring and fall being busier than winter and summer... 


 


I'm not sure how much detailing will add to the business, but I'm confident that it will benefit.


 


Does anyone here have experience running detailing and glass replacement in the same building?


 


For us, for the few weeks we have been discussing and planning, we can't seem to find a way this can't work... everything makes sense and it would go nowhere but up... a couple young go-getters is just what this area needs as far as both glass and detailing is concerned...


 


Thanks for reading, I had to get this out for some 'public' scrutiny, since I cannot discuss it with anyone outside my inner circle of family and friends until it is time to quit my job to start our own.


 


 
 
Reminds me of a quote I hear every now & again: The only ship that doesn't sail, is a partnership. 


 


Not to say it's a rule, but it's sure true far more often than not.  You can't say for 100% certain that it will work because YOU DON'T KNOW what the future holds.  What happens if one of you gets cancer, or you have to move (which was your reason for closing up shop last time), or you & him continually disagree on things with each other???  You sound overly confident, which means you're setting yourself up for a major disappointment if/when things don't work out.


 


If it were me, I'd steer clear of a partnership.  If he wants to hire you (or vice versa) and pay you a percentage of profits, go for it, but don't do a partnership.  It will most likely end badly.
 
I have read and understood all the pitfalls of a patnership, including my own Dad having to buy out his partner in the most stressful time of his life for a quarter million... But I also know that this is the only way this business will come to fruition, we are working as partners currently in our shop (as manager and assistant manager), and we have been partners with flipping cars for over two years now... Partnership will not be an issue, I can assure you
 
While I believe the advice Mike gave you is sound, no one buy you and your partner know the ins and outs of your relationship. You are the either the the general rule of the exception to it. The best advice I can give you is prepare for the worst. 


 


Murphy's Law - what can go wrong will go wrong. Review worst case scenarios with your partner, find out what each of you think if the other dies (knock on wood) of want to pursue other ventures. What if the business goes belly up after a year and you have $XXXXXX in unsecured debt. Talk about growth - of the company has $50K surplus at the end of the year - what will we do with the money? Split it. reinvest, open another location, etc.......


 


It can work. I have a good friend who is in a partnership that is thriving. He owns 43%, his brother owns 43%, and the father owns 14%. The only reason their father owns anything is so they do not get locked in a stalemate when in comes to decisions. 


 


Talk to others who have a successful partnership. Find out what works and what doesn't.
 
Well we are making progress, business is registered, and we are meeting with the realtor on tuesday to negotiate the lease! 


Getting excited!


 


I had a mobile detailing business back in 2004 - 2007, and I am really excited to have a base of operations and hopefully not do nearly as much mobile work... Plan is to create a wash bay indoors as well for the winter months... 


 


Paying rent & having a building will be all new to me, for sure!
 
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