Should I buy this shop?Click Here To Join The Successful Shop Owners Facebook GroupBy Ron Ipach|2019-07-19T14:09:13-04:00July 19th, 2019|Uncategorized|14 Comments 14 Comments Mr Tuffy July 19, 2019 at 3:27 pmWhat the KPI NUMBERS tell ya….if bad are correctable? Last several years historical sales numbers and what’s trend? WHAT IS A GOOD DEAL? GOOD FOR WHOM? How big is trading area…..rent? Sq. Footage? Shape of equipment? Interview FORMER employees…..many many more thoughts? Ron Ipach July 24, 2019 at 2:41 pmI agree. There are a lot more things to consider, but by simply looking at the note she sent to me (and by reading between the lines as best as I can) there were too many red flags to get into that much detail. Matt July 19, 2019 at 3:46 pmSound like a fly by night shop and techs are low payed. The answer to this here your sign. Mr. Ipach why don’t you buy this shop turn it around by find a owner that want his own business maybe not have the money to that and keep him training and follow your business plan and turn in an example of what an American dream and well run business should look like. Ron Ipach July 24, 2019 at 2:40 pmHa! I love my life the way it is. Don’t give me any new ideas 😉 Stephen Powell July 19, 2019 at 3:59 pmNO, I opened in 1991, worked 60 hours per week manu 70+ hours till about 1997 , hardest Job I ever had , But Best Job I ever had, no Regrets, have a wife that is 110 on board & the Actual reaso we have succeed is her. Cheri, sorry but don’t do it. Ron Ipach July 24, 2019 at 2:38 pmThanks for your input Stephen! Robert July 19, 2019 at 4:01 pmQuestion is why is there an employee turn off rate so high. Take care of your takes they will take care of you. Ron Ipach July 24, 2019 at 2:37 pmThe high turnover was from the previous owner, however the word may have gotten around and made it more difficult to find techs for the new owner as well. Laurie Kuchler July 19, 2019 at 9:07 pmYou are so RIGHT. Don’t do this if your heart isn’t into it. We work very hard with very long hours, but we are also now becoming very profitable. I don’t want to work for someone else. I’ll control my own destiny at my husband’s side. When we’re ready for retire, our systems are in place for someone to enjoy a profitable business with everything in place. Ron Ipach July 24, 2019 at 2:35 pmThat’s AWESOME Laurie! Congrats and keep up the great work! Vince Blalock July 20, 2019 at 8:34 pmdifferently a red flag. it’s a no go! Ron Ipach July 24, 2019 at 2:34 pmYuuuup! 🙂 Michael Margulis July 22, 2019 at 7:44 pmIf I were this couple, I would try an entirely different business. Ron Ipach July 24, 2019 at 2:34 pmI agree, especially since she said she had no knowledge of auto repair, no passion, and her husband just failed at his last shop.Comments are closed.