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How much do automotive shop owners make?

According to the U.S. Bureau of Labor Statistics, the median annual wage for automotive shop owners was $68,220 in May 2020. The top 10% of earners made more than $115,170, while the bottom 10% earned less than $35,710.

Automotive shop owners are typically responsible for the following:

* Managing the day-to-day operations of the shop, including hiring and firing employees, scheduling appointments, and ordering parts

* Diagnosing and repairing vehicles

* Providing customer service

* Marketing the shop

The income of an automotive shop owner can vary depending on a number of factors, including the size of the shop, the location of the shop, the type of services offered, and the owner's experience and qualifications.

Here are some additional factors that can affect the income of an automotive shop owner:

* The number of employees in the shop

* The hourly labor rate charged by the shop

* The average cost of repairs performed by the shop

* The percentage of customers who pay for repairs with cash

* The amount of money the shop spends on advertising and marketing

* The competition in the area

Automotive shop owners who are able to successfully manage these factors can earn a very comfortable living.