Automobile Restoration Business Plan
Phaethon’s Chariot is a start-up auto restoration shop. The company is engaged in the restoration of old American cars, and the designing and building of hot rods, and street rods. Body work and rust repair is the majority of our work. Phaethon’s Chariot has recently rented a new state-of-the-art restoration shop, located at 510 W. 200th Terrace Circle Boulevard, Centerton, Ohmstate. The company is dedicated to providing the highest quality workmanship. Phaethon’s Chariot keeps up on all the latest tools and techniques of the trade to perform the highest quality work possible today.
Phaethon’s Chariot is located in Centerton, Ohmstate. Our company and employees are dedicated to doing each job right the first time, and retaining each car owner as a lifetime customer of our shop.
The company is a state chartered corporation in Ohmstate, owned by Isoroku Tarnmaclahan. The has owner worked for other shops in the Highland Valley area for the past 20 years, and is committed to excellence every day. This new space allows the company retain more work. The office area is comprised of 500 square feet and the shop area where the day-to-day work on the cars is performed is 5,000 sq.ft.
The population of the seven communities in close proximity to Phaethon’s Chariot Restorations is estimated at 918,279. Roughly, this would mean that this area comprises a total restoration market in excess of $2.0 million annually. The company’s goal is to a acquire a comfortable minority share of this nearby market.
The marketing research and tailored marketing strategy described in this business plan will result in modest after-tax profits of in year 1, quadrupling after-tax profits within three years. It is estimated that by year 3, revenues will reflect a healthy market share of the local restoration market.
Within the next twelve months it is the objective of the company to market to the local area to promote our business in the Highland Valley and surrounding areas. Our market segment will be 30- to 65-year old owners of old American cars. After year three we plan to expand our business to the Carahge City, Mythtate area. Our studies indicate that the Carahge area doesn’t have a lot of competition for our business.
Free Classic Car Restoration Business Plan
Classic Car Restoration Business Plan Executive Summary
The executive summary for your Classic Car Restoration Business should be written last. It should include the main people involved in your Classic Car Restoration Business and their experience related to the Classic Car Restoration Business. There should be a brief description of what the Classic Car Restoration Business entails. Your Classic Car Restoration Business should include some brief financial statements such as loans you will require and profit/loss statements for the first 3 years.
The should be your short term and long term objectives for your Classic Car Restoration Business.
What is the main mission for your Classic Car Restoration Business.
Keys to Success
A few bullet points to briefly describe why your Classic Car Restoration Business will be a success.
Who owns your Classic Car Restoration Business and what type of business will it be – will you be an LLC etc.
Location(s) and Facilities
Address of your business if possible or a rough idea of the surroundings and the benefits this location will be for your Classic Car Restoration Business.
Start-up Summary for a Classic Car Restoration Business
Provide basic details of the capital you require for your Classic Car Restoration Business and how you intend to acquire that capital if you don’t have it already.
Start-up Expenses for a Classic Car Restoration Business
This should be a list of all your start up capital required before you start trading as well as the amount if any you will be needing to loan.
Classic Car Restoration Sample Business Plan
Briefly summarize the Classic Car Restoration Business Plan in less than two pages. It is the first, maybe the only, thing that an investor will read and so
- Make sure it is well written,
- Ensure it excites and
- It must stand out from the many other Classic Car Restoration Business plans an investor or lender will receive.
To make your executive summary different just list 4 things
- Why is your business, your products, your service different? Why are you different?
- What is your experience? What is your experience of the Classic Car Restoration industry?
- Why does all of this make your Classic Car Restoration Business profitable? Have you demonstrated this in your plan?
- How, and when, will investors get their money back?
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