AUTO REPAIRS Business Plan
Companies in this industry provide repair and maintenance services for passenger cars and light trucks.
Major Auto Repair companies in Nigeria include Abex Autos, Car Max Autocare, Car Talk, Elite cars, Cherry Motors, Defem Autocare Limited amongst others.
The global automotive repair and maintenance services industry is forecast to grow at a double-digit compound annual rate between 2015 and 2025, according to Future Market Insights, driven by increasing vehicle production and growing demand from emerging markets.
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The purpose of this business plan is to raise N10,000,000 for the development of an automotive repair shop while showcasing the expected financials and operations over the next three years. PATILAD AUTO is a professional auto repair shop that use computerized automotive diagnostics equipment and tools to diagnose and fix your Asian, European & American petrol & diesel engine vehicles right the first time. We are committed, honest and quality-focused. Our auto technicians are professionals trained with the latest technologies, we use the best diagnostic equipment/ tools & our automotive services are cheap & efficient. PATILAD Auto Repairs will tune-up and adjust your vehicle system to maximize performance. Our customer service policy ensures that all automotive repair and services are done right the first time and puts your car safely back on the road sooner and that you will be completely satisfied.
When you visit PATILAD Auto Repair Company, located in Dutse district of Abuja, plot 7, you will meet our team of highly-trained, knowledgeable Nissan, Mercedez, Toyota, Kia, Honda and Hyundai technicians who are ready to handle any problems you experience with your vehicle. Our staff understands everything about these brands. We are opened from 7 am to 5 pm every weekday including Saturdays but closed on Sundays.
Products and Services
PATILAD Auto Repairs services include:
Engine performance/tune-up, batteries and electrical check and repairs, wheel balancing and alignment, suspension and steering, oil change services, diagnostics services, body shop for premium collision repair for your vehicle, air conditioning services and brake services.
Individuals and businesses have increased demand for auto repair services, as rising per capita disposable income and corporate profit encourages consumers to opt for auto repair and maintenance services over the do-it-yourself repair. Going forward, disposable income levels are expected to continue to grow, encouraging some consumers to spend more on the maintenance and repair of their automobiles.
Before starting our auto repair and maintenance garage in Dutse Abuja, we conducted a market survey and feasibility studies and we are certain that there is a wide range of both corporate and individual clients who would need the services of auto repair and maintenance garages especially haulage companies and transport companies.
Our competitors include;
- Abex Autos Nigeria
- Carmax Autocare Center Limited
- Princelink Technologies Ltd
Our Competitive Edge
PATILAD Auto Repair will succeed by offering its customers high-quality, rapid, and convenient auto repair service. Additionally, PATILAD Autos Repairs will succeed by ensuring a full range of auto parts inventory and rapid shipping capability of major auto parts. Also, we will focus on customer convenience by offering unlimited shuttle service, rapid turnaround on auto repair jobs, and a referral network of a few local major tow truck companies.
PATILAD Autos seeks N10 million in long-term financing to cover start-up costs, equipment, building expenses, and working capital.
Funding for the launch of the business is provided primarily by equity from the partners and investors.
Our market survey and research show that PATILAD Autos holds the promise of reaching positive cash flow in its 7th month of operation. The advantage of this is the provision it makes for accelerated repayment of its loan obligations, as well as for dividends to be paid to the owners.
Revenue is expected to amount to N12,984,326 and profit N3,592,736 in our first year of operation.