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How to Start a Mobile Oil Change Business |
Are you interested in starting a mobile oil change business? Do you need a sample mobile oil change business plan template? Then I advice you read on.
Take a look around you; how many automobiles have you seen today? In the state where you reside, how many cars do you think are in your state or your country?
In the United States, for instance, it is estimated that over 100 million vehicles are registered. For most vehicles, it is usually recommended that the oil be changed at least every 5,000 miles.
If over 100 million vehicles in the United States need their oils changed every 5,000 miles, that means there is a demand for oil changes to the tune of over 300 million in the United States alone. So, let’s assume that you are able to secure just one percent of the market. That’s about 3 million oil changes for you alone.
Mobile oil change business is proliferating now because people have recently become aware of the massive demand for this service and the high level of profitability too. So if you want to start your own mobile oil change business too? This is how-:
Starting a Mobile Oil Change Business – Sample Business Plan Template
1. Get trained
You don’t have to be an auto mechanic to start a mobile oil change business. However, you must learn all the business techniques, such as how to change oil, which oils are the best to use, and which oils you should avoid. By learning about the business, you will be able to determine if it’s the right business for you.2. Buy the Necessary Equipment
When you have learned about the business and want to go on, you should find out which equipment you would need to start up your mobile oil change business and purchase it. Some of the things you will need are-:- A motor van to move you and your equipment around.
- Other small equipment like oil fitters, lubricants and good motor oils.
- A storage vessel.
- A place to collect used oils.
3. Decide on a business name
The next step is to decide on your business name. Once you have chosen a name, you can register it with the business registration unit in your state. You can also consider buying a franchise to reduce start-up costs.4. Obtain a business license
It’s always advisable for people starting a particular business to obtain a license from the government to show that they are licensed to operate that specific business. When you register your business, you can avoid any form of harassment.5. Source for funds-:
To start a mobile oil change business, you will need between $2,000 and $15,000 to purchase all the necessary equipment. This includes the van and other tools.
6. Determine the types of services you want to provide
Customers require different services, some of which include oil changes, filter changes, vacuum services, and chassis lubrication. You need to determine which of these services you want to provide to your clients.7. Obtain insurance coverage for your business
It is important that you obtain insurance for your business so that if you damage a client's car and are asked to pay for the damages, your insurance company can cover all the expenses on your behalf.8. Secure a storage area-:
You will most likely need a place where you can keep all your work equipment.
9. Register with wholesalers-:
When you register with wholesalers, you can buy oils at a cheaper rate directly from them than from retailers.
10. Look for ways to dispose of used oils-:
You will need to find a way to dispose of the used oils you retrieve from your clients' vehicles. Recovery companies can handle this for you.
Before you start, you must build a customer base by speaking to potential clients and introducing your business to them. You must leave your business card with them so they can call you whenever they need an oil change.
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