How much money does an auto oil changing shop make?

The average annual revenue for an auto oil changing shop in the United States is between $150,000 and $250,000. However, this can vary significantly depending on the size and location of the shop, as well as the services offered. For example, shops in larger metropolitan areas tend to generate more revenue than those in smaller towns. Additionally, shops that offer additional services, such as tire rotations and brake repairs, can earn more money than shops that only offer basic oil changes.

Here is a breakdown of some of the expenses associated with running an auto oil changing shop:

* Rent and utilities: The average monthly rent for an auto oil changing shop is between $1,500 and $3,000. Utilities can add an additional $500 to $1,000 per month.

* Labor costs: The average hourly wage for an auto mechanic is between $15 and $25. A shop with two mechanics working full-time will incur labor costs of approximately $100,000 per year.

* Parts and supplies: The cost of parts and supplies can vary depending on the types of services offered. However, a shop can expect to spend between $20,000 and $30,000 per year on these items.

* Marketing: Marketing expenses can include advertising, signage, and website development. A shop can expect to spend between $5,000 and $10,000 per year on marketing.

* Insurance: Insurance costs can vary depending on the size and location of the shop. However, a shop can expect to pay between $2,000 and $5,000 per year for insurance.

Taking into account all of these expenses, an auto oil changing shop can expect to generate a net profit of between $50,000 and $100,000 per year. However, it is important to note that this is just an estimate, and actual profits may vary significantly.