Many of those who are mechanics may wish to go into the Mobile Oil Change Business because the entry costs are low and because that is their area of expertise and a much needed service. But if they do this, will they make money? That is the question in the mind of every wouldbe entrepreneur now isn't it? So, then is a mobile oil change business profitable? As far as profit margins. I do not believe it is the best business model. Especially considering travel time, shortage of technicians [meaning higher salaries to insure no turnover], issues with specific brands of filters and oil [meaning you have to have two-three brands to keep fleet customers happy], and over regulation causing additional unforeseen costs. So as far as your question I am somewhat under whelmed with the profit margins compared to other businesses I have owned. If you do all the work yourself the labor issue is taken out of the equation but there are still the other issues. It certainly could be profitable with a strong customer base of fleet accounts within close proximity, as fleet vehicles are always lined up in a row. But making money in the mobile oil change business is not so easy as it sounds. Consider all this in 2006. |
