Originally posted by fc735
sory bout not gettin back at ya'll...my laptop died last night, i had to fix the wagon, take her to salem so Cosmo can do the graphics...hehehe...and of course, pick up my copy of 2F2F on DVD....didnt get home till midnight, and my laptop is STILL dead, having to send off, so i am makin my way here once a day now...arrrgh!!!
as for the setup, it is a mustang AWD, yes you can do FWD/RWD, plus, what i love about it...is its ability unlike the dynapack, to do a full load alaunch, with capabilitiesw of doing measured distances. such as a virtual QM time.
As some of you may know, i already do "custom" to what i can with what i got alignments, and i try to do what i can, when i can. it may have to be jsut a start of alignment and install shop...or, say FUCK IT and go so far in to debt that it aint even funny., just to get this going. i am now 22, and i have the drive to get this going...i WANT IT!! if it dont work....well....thats not an option! for me at least.
yes, there is a lot of rice in roanoke, salem, and surrounding areaqs...but, their money is just as good as anyone elses. if you want something, i WILL try my damndest to get it for you. anyway..i will keep ya informed on this. i really wnat this going, and am prepared to do whatever i need.
as for the finances...i am still workin on that. i have one person that is interested, and if anyone else is wanting to be a investor, please PM me. any help is greatly appriciated.
also, i may be in need of a GOOD tech...someone who knpows what they are doing. hell...might see if i can get me a straight SR20 guy.........who knows. be the only local shop doing swaps for people......who knows
sorry bout ramblings...i need to get feedback!!
JOEY
joey if u want my previous business plan/outline let me know. We basically determined you really couldnt open a decent shop (if you're selling performance parts and doing small mechanical installs like oil, gauges, electronics, tbelts, etc) for less than around 100k in start up money (meaning for inventory, shop, equipment [didnt include dyno], laborers, rent, bills, etc. Plus you have to keep in mind that you will lose money for the first few months so you have to have capital in reserve to cover you monthly "nut" if your business isnt generating enough to cover it.
I had previously had commitments of $100k in cash and another $100k in cash equivilents (website design, building, equipment) plus i was to put in $20k in cash and work it full time....which of course means a minimum of 12hour days for probably the first year at least. We were getting ready to draw up the contract and 1 of the 2 main investors backed out (lets just say the guy owns some dealerships around here) for unknown reasons.
I really didnt want to open in sal/roa because i thought i could do better w/ the college town and that more people from Roa would drive down here for a good shop vs more people from here driving to roa. This was a big issue for the investor who backed out cuz he had a few locations in sal/roa he could use w/o it costing him additional money. And yes, dealing w/ ricers will be a huge part of your business and its something you'll have to swallow your pride on. I realized they would probably be the "bread and butter" of the business and you'll have to treat them as such. But at the same time you can also be the one how "educates"them of their wrong doings
Hit me up if you want my input and help, the other trick to think about is you need some MAJOR connections to get good deep discounted prices for performance parts. Companies like Keystone, Autofx, Nopi, etc all require either some kind of past experience or a very large up front account.
Best of luck in what you choose bro - u know i wish you well, i decided after the 1 guy backed out that i really didnt want to get booged down 12+hrs a day on something that would probably take me a minimum of 3yrs to establish and make potentially much less than i do now.
(but dont forget i can also drive some unreal sales to an online shop....that was going to be 1 of the secrets of our $ for my idea).