Mobile Mechanic Service

How Profitable Is A Mobile Mechanic Service? (Updated for 2024)

Pat Walls

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Updated: October 8th, 2024

How Profitable Is A Mobile Mechanic Service? (Updated for 2024)

So you want to start a mobile mechanic service?

And the first question that came to your mind was, “well, are mobile mechanic services actually profitable?”

With a market size of $65.3B - there’s plenty of business to go around.

Especially considering:

Based on our data, mobile mechanic services generate an average of $0 per year

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a mobile mechanic service.

Let’s dive in!

Is a mobile mechanic service profitable?

Yes, a mobile mechanic service is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $0 per year with an estimated gross margin of 90%, you could expect to recover your investment within months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your mobile mechanic service.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your mobile mechanic service is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a mobile mechanic service worth it?

If you’re wondering if a mobile mechanic service is worth it, the answer is a big YES. With mobile mechanic services, you have the potential to earn $0 per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $65.3B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a mobile mechanic service to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful mobile mechanic services case studies.

Examples Of Profitable Mobile Mechanic Services

Here are a few examples of profitable mobile mechanic services, and a few more details about them:

1. Retro Radio Farm ($48K/year)

Allen Chiang, founder of Retro Radio Farm, came up with the idea for his business when he stumbled upon two old radios at a flea market in 2012. Despite having limited knowledge of radio repair, Chiang taught himself how to fix and restore these radios, eventually turning it into a profitable side business. With a growth rate of 20% every year, Retro Radio Farm is steadily increasing its revenue, although it has not yet reached a level that would allow Chiang to quit his full-time job in IT.

Is it profitable? Yes
How much money it makes: $48K/year

Finding and Repairing Retro Radios Turned into a Successful Side Hustle

Retro Radio Farm founder, Allen Chiang, earns $50k per year as a side business restoring old radios and offering Bluetooth MP3 upgrades, with the business growing 20% every year.

Read this case study

Read by 8,541 founders

Learn more about starting a mobile mechanic service:

Where to start?

-> How much does it cost to start a mobile mechanic service?
-> Pros and cons of a mobile mechanic service

Need inspiration?

-> Other mobile mechanic service success stories
-> Marketing ideas for a mobile mechanic service

Other resources

How much can you make with a mobile mechanic service?

How much does a mobile mechanic service make a week?

Based on our data, average weekly revenue for a mobile mechanic service ranges around $0. As such, you could see monthly revenues of $0.

To know if your mobile mechanic service achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your mobile mechanic service.

How much do mobile mechanic services owners make?

The income of a mobile mechanic service owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established mobile mechanic service is about $0. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as a mobile mechanic service owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Mobile Mechanic Service Profit Margins

Generally speaking, a mobile mechanic service can expect profit margin of around 90%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a mobile mechanic service, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, mobile mechanic service owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, mobile mechanic service owners can ensure long-term sustainability and profitability for their business.

Mobile mechanic service owner salary

The salary of a mobile mechanic service owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established mobile mechanic service, in a prime position, might see an average weekly salary around the ballpark of $0.

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a mobile mechanic service may be a promising business to start - but the success of your mobile mechanic service mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable mobile mechanic service.

Part of

Starting A Mobile Mechanic Service: Everything You Need To Know

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