Many technical speakers have discussed the merits of performing tire rotations to increase profits. All you need to get started is a Bend-Pak model P-6 or P-6F Pit Lift. To increase this lucrative service's profit earning potential, it helps to combine wheel balancing along with the rotation.
Tire rotation only - 4 wheels.
Are tire rotations really that profitable? You do the math.
Price per service: | $16.95 |
Parts/Supplies: | $0.00 |
Labor Costs: (Based on an average hourly wage of $20.00) | $5.00 |
Profit per service: | $11.95 |
Frequency: | 60 jobs/month. |
Total profit/month: | $717 |
Cost of unit: | $2,000 |
ROI timeframe: | 2.8 months to recoup the cost. |
1st year profits: | $6,604.00 |
Annual profits: | $8,604.00 |
Tire rotation with wheel balance - 4 wheels.
A Ranger model DST-1000 wheel balancer was designed for virtually all domestic and foreign automotive and light truck wheels.
Price for service: | $60.00 |
Parts/supplies: | $6.00 |
Labor: | $20.00 |
Profit per service: | $34.00 |
Frequency: | 40 jobs/month. |
Total profit/month: | $1,360 |
Cost of unit, lift: | $2,000.00 |
Cost of unit, balancer: | $1,950.00 |
ROI timeframe: | 2.9 months |
1st year profits: | $12,370.00 |
Annual profits: | $16,320.00 |
For information contact Bend-Pak/Ranger at 1-800-253-2363; Fax 1-805-933-9160; Or visit their web-site www.bendpak.com or www.rangerproducts.com.