Price per service: $100 Based on national averages.
Parts/Supplies: $20 Includes replacement fluid and general shop operating costs.
Labor Costs: $10 Based on average hourly wage of $20.
Profit per service: $70
Frequency: 8 jobs/month National average (excludes quick lubes).
Total profit/month: $560
Cost of unit: $3,750 Composite average derived from several makes and models of machine (features will vary). The difference in price is affected by various features, including automatic and one-touch operation and capacity.
ROI timeframe: 7 months
1st year profits: $2,970
Annual profits: $6,720
Now fill out your own return on investment worksheet.
Price for service:
Parts/supplies: What are your coolant and other costs?
Labor: $0 For machines with auto operation.
For non-automatic operation.
Profit per service: Subtract parts and labor from price per service.
Total profit/month: Profit per service x frequency.
Cost of unit:
ROI timeframe: Cost of unit divided by profit/month.
1st year profits: Profit/month x 12, minus unit cost.
Annual profits: Profit/month x 12.