Tire dealers average $2.7 million in sales
What is the profile of the average independent tire dealer in the United States? The answer may be found in the 2009-2010 Modern Tire Dealer Automotive Service Survey.
According to survey respondents, the average dealer:
* had a sales volume of nearly $2.7 million in 2009;
* has five service bays;
* has five technicians.
In addition, 73% of the dealers have one location, while 12.6% have more than 10 stores each.
Automotive service accounts for 41% of the average tire dealer's sales volume. The MTD Automotive Service Survey breaks down service bay usage even further so that you have a benchmark to which you can compare your own dealership's performance.
Want to know the average and median profit margins for various automotive services? We've got that, too.
We already have addressed engine diagnostics, exhaust service, brake service, battery/electrical service, air conditioning, chassis/suspension, shocks/struts, cooling system , oil and lubrication, alignment service and tire pressure monitoring system service on our Web site, www.moderntiredealer.com, and in our bi-weekly "Auto Service News & Best Practices" e-newsletters.
For more survey information, check out January's Modern Tire Dealer Facts Issue online as well!