TPMS service: $657 million in sales
Independent tire dealers in the United States performed more than 7 million tire pressure monitoring system (TPMS) service jobs representing $657 million in sales in 2009.
The 2009-2010 Modern Tire Dealer Automotive Service Survey breaks down TPMS service work per store. The service represents 3.8% of all automotive service dollars.
Eighty percent of the respondents performed this service, broken out per location as follows:
Average ticket price per job: $90.73
Average number of jobs per month: 26
Average yearly sales: $28,308
Average profit margin: 45%
Annual profit per location: $12,739
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.
It covers everything from the average number of bays and technicians per dealership to what services are being perfomed in those bays -- even the types of equipment dealers intend to buy or lease this year.
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 and alignment 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!