::Warning This Is A Long Plea For Help & Advice::
Hey everyone, I've been detailing part for quite a few years but mostly part time. I've been lucky to have a mechanic for a friend that allowed me to use his garage on my days off, and when I wasn't detailing at a customers house.
Unfortunately my friend is moving to Western FL and I'm out of a shop. I personally do not like to do mobile detailing so I decided to set out and find my own shop that I could afford without going bankrupt in my first year(which until now has been elusive). I had decided to take the fall/winter off and start fresh in the winter. That was until I stumbled onto what I believe is the perfect shop lol.
Main St, Downtown N. Andover, right next to a busy intersection.
The Garage is HUGE and attached to it is a store/office front which fits in with my future goal of opening my own local store for detail supplies.
Now that you have read that long story I have one problem, I've been caught completely off guard because I put all my plans on hold till the winter. That included finding investors, and drawing up my business plan. I have to ask those of you who have set up your own brick n' mortar shops and are still successful what are things that I can do to get this ball rolling so that I don't lose this shop?
I don't really have too much family that I can rely on so family funding is out, I've tried asking the many for smaller investments and those are not adding up almost at all so my only other alternative is a loan and again it feels daughnting because I'm consistenly told that have to be in buisness for X amount of years before I'll be given a loan.
So back to square one. Even though I don't have a completed buisness plan I do know how to detail (Step 1 Complete
) and I've taken the classes on business management so I know how to run the business, and lastly I have the ambition and drive to make this work. I do have some savings in the form of my retirement and to take out of it would require a 48% cut so I want to use that as a last resort. I've already inquired with the local gov about any restrictions and requirements and I've been green lighted, owner is on board, just waiting on me to come through with the $$,
I've already got the advertisement planned and I saved for it, going to run my flyer which will now be a grand opening flyer through the USPS new .14 per address. So that should get the attention to the shop. I've also made an appointment with the SBA of Mass to see what they may be able to help with.
Like I said before, I mainly need help from the guys(and girls if there are any) that have done this or are still doing this on how they started.
Thanks in advance, sorry for the rambling.