With competition from car dealerships, gas stations, and big box stores like Sears, Walmart and K-mart, smaller auto repair shops need to make strategic investments to stay competitive. As auto sales increase, the auto repair shop industry, too, will continue to grow—and the competition with it.
The auto shop industry includes 160,000 establishments collecting more than $80 billion in annual sales. Increasing demand projections show that this number will grow to 221,033 shops over the next 5 years. So it’s more important than ever to be focusing on getting ahead of the competition to increase your monthly sales and gain repeat customers.
This guide focuses on four investments for beating out your competition, maximizing your profits and becoming a successful auto repair shop.
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