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Re: [ST] What do you do?



I think your estimate is very conservative but here is the interesting part 
using your example.
Working 10 hr. days, 6 days a week less stat holidays will produce approx. 
3,060 "shop" hours per year.
Your yearly expenses = $ 148,800.
This means every "shop" hour must produce $48.63 just to pay the bills 
without inventory, advertising etc before you  take a dime!
You and the beancounter are not "billable" people so it's up to your 
mechanic and your parts guy to get that money.
We, on the other hand expect you the dealer to have any part we  need, 
service hours available immediately for our rides and an example of every 
current model on the floor.
Ahhhhhhhhhhh................no thanks, not for me! God bless those choose to 
perform this labor of love.
Jim L
00 RS



- ----- Original Message ----- 
From: "Andrew F. Kay, Jr. " <captainquack@xxxxxxxxxx>
To: <ST@xxxxxxxxxxxxxx>
Sent: Monday, February 14, 2005 10:44 AM
Subject: RE: [ST] What do you do?


> Just a quick calculation:
>
> 3 employees; a Mechanic, Parts Guy and Bookkeeper - $9,000 US a month
> (the bookkeeper is the most important, BTW)
>
> Rent- 1500 SqFt @ $20 SqFt - $2500 a month
>
> Electricity/other utilities - $500 a month
>
> Insurance - A WAG here, but say $400 a month
>
> OK, now we have the door opened.  $12,400 a month, every month and
> anything you don't pay for gets turned off or leaves.  There are no
> bikes on the floor, no parts in the bin, no advertising, no telephone to
> answer and no compensation for the owner(s) who is putting up all the
> capital and more hours than the other staff combined.
>
> Who wants to be first to open a new dealership?


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