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Topic: Owners of Oil Changing Stations
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50/50
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Member # 1724
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posted
I am interested in getting into the oil changing business. If you personally own one please tell me the income potential. Is it true the oil industry can help you in starting up your business?
-------------------- Previously named: VenGeance, 5LiterFever, 50cal.
Drive safely. You wanna drive in it. Not DIE in it.
Posts: 499 | From: Stockton | Registered: Aug 2002
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CornOil_&_Boost
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Member # 5888
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posted
I used to be a general manager for a few of them...We called changing oil a "loss leader"...the oil and changing is the loss, the other sales is where you will need to focus your money making (car washing, detailing, other vehicle servicing) in order to turn a good profit...
There is not a lot of money in it...and 80% of your customers will not pay a high enough for they are expecting.
-------------------- https://www.facebook.com/pushrodpoweredmustangs '95 Cobra - small engine / small turbo - '02 Excursion 7.3 - tow vehicle '14 - Chevy Volt - DD
Posts: 5097 | Registered: Jul 2005
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hidnn0s
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Member # 13845
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posted
Oil changes DO NOT MAKE MONEY. You do oil changes purely to be able to inspect vehicles and upsell. You allow an oil change to be a loss leader so you get a chance to see the vehicle.
Posts: 239 | Registered: Nov 2014
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VENOMUS PONY 5.0
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Member # 7785
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posted
There is money in it if done right.. A lot of county rules and regulations you have to look into. Minimum fine of 10k for environmental violations.. Good luck finding old shops with pits because the top competitors snatch up real quick.. Like mentioned oil change no money, your other services where you make your bucks. Lights, filter, gear boxes, trans services, rad services, etc etc.. The goal is car count 20 a day with a 70 dollar average at a minimum.. Keep in mind your standard 3 month 3 miles is out the window.. Try 5-15 mile services and sealed transmissions.. A lot of the chains are doing brakes and more on services to stay in business..
-------------------- If You Want More Inches - Stroke It!!! Mystery stang in the works..
Posts: 1602 | Registered: Jul 2007
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hurting your feelings
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Member # 13641
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posted
Oil change lost leader.the money is on up selling services. An hope to god one of your 9 dollar lube tech doesn't leave a drain plug loose an cost you a engine.
Posts: 1830 | From: In front of the bank with a 45 an a ski mask | Registered: Jun 2014
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50/50
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Member # 1724
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posted
You're all helpful it opened my eyes. Thanks!
-------------------- Previously named: VenGeance, 5LiterFever, 50cal.
Drive safely. You wanna drive in it. Not DIE in it.
Posts: 499 | From: Stockton | Registered: Aug 2002
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