How much is rent?

mohamedmaark

New member
Guys im desperately trying to get a garage with water and electricity so that i could get my business started, but the prices for rent is so high! How much do you guys pay for rent what is a reasonable price?
 
Good commercial property is very expensive. The big question is what are your long term business goals? Are you wanting to do more volume/production work, or be more of a solo act doing higher end stuff, or a little of both? Do you/will you have employees? This can determain weather its worth it imo. If your doing the solo gig and never really want to get into a higher volume, multiple employee type of business, a small shop outside of town or at least off of the main roads is fine. If your looking to get into production work, location location location! The higher rent is worth it in that scenerio because of the drive by exposure you get. I'm actually scouting for shops right now too but haven't found much.
 
Guys im desperately trying to get a garage with water and electricity so that i could get my business started, but the prices for rent is so high! How much do you guys pay for rent what is a reasonable price?

Find someone that will rent you a bay. Mechanic/Stereo/Muffler Shop
 
Good commercial property is very expensive. The big question is what are your long term business goals? Are you wanting to do more volume/production work, or be more of a solo act doing higher end stuff, or a little of both? Do you/will you have employees? This can determain weather its worth it imo. If your doing the solo gig and never really want to get into a higher volume, multiple employee type of business, a small shop outside of town or at least off of the main roads is fine. If your looking to get into production work, location location location! The higher rent is worth it in that scenerio because of the drive by exposure you get. I'm actually scouting for shops right now too but haven't found much.

Yes i am trying to do the solo gig, and even with shops not on the main roads, small 1 car garage with water and electricity is like $1800 its crazy!
 
Find someone that will rent you a bay. Mechanic/Stereo/Muffler Shop


Ya, do you mean like if its a big shop rent a small part of it? I kind of dont like that because its like two buisness in one, ive done that already, and i am looking around for any garage with 1 bay water and electricty and im getting prices over $1000 a month!
 
Thats a little high but not unreasonable if you live in a highly populated area. You'd have to make some serious money on a consistant basis, but it could be done.
 
Ya, do you mean like if its a big shop rent a small part of it? I kind of dont like that because its like two buisness in one, ive done that already, and i am looking around for any garage with 1 bay water and electricty and im getting prices over $1000 a month!

Why would you not want to work alongside another automotive related business? You can draw business off one another ;)
 
Why would you not want to work alongside another automotive related business? You can draw business off one another ;)

Ya i actually did get some of the other businesses customers but i had a hard time getting along with others there... very annoying, and it seems like mobile detailing is more convenient for customers and no rent for me, some gas but still....
 
Thats a little high but not unreasonable if you live in a highly populated area. You'd have to make some serious money on a consistant basis, but it could be done.


Ya clifton here in NJ is kind of populated, not to many people are intrested in the professional detailing services though... im going to continue looking hopefully ill find one, are you a mobile detailer?
 
Ya i actually did get some of the other businesses customers but i had a hard time getting along with others there... very annoying, and it seems like mobile detailing is more convenient for customers and no rent for me, some gas but still....

I have a hard time getting along with others. I can relate

:swirly:
 
im going to continue looking hopefully ill find one, are you a mobile detailer?

Yes I am. I've done the mobile thing for 8 years, and while its been fairly profitable, I'm over it. If I can't get into a shop this year, I'm done. I know that sounds terrible, but thats how I feel about it anymore.
 
Ya, do you mean like if its a big shop rent a small part of it? I kind of dont like that because its like two buisness in one, ive done that already, and i am looking around for any garage with 1 bay water and electricty and im getting prices over $1000 a month!

Is $1000.00 unreasonable? Especially with electric and water......

These are fixed costs then, and you know what you have to do to cover it.

Really that's 10 jobs at 100/job. If you knock one a day out, that leaves you 20 days to make $$$
 
At my shop I payed the whole year up front (Because I sold my truck getting out of mobile) normally would of been $620 a month but talked them down & payed $570 a month + Electric. They cover water & trash :D
 
Is $1000.00 unreasonable? Especially with electric and water......

These are fixed costs then, and you know what you have to do to cover it.

Really that's 10 jobs at 100/job. If you knock one a day out, that leaves you 20 days to make $$$

Yes your right, but buisness is kind of slow, if it wasnt this slow i wouldnt mind that. I know two major paint correction and im almost paid off the rent. Have to try to get more buisness, working hard on advertising
 
Yes I am. I've done the mobile thing for 8 years, and while its been fairly profitable, I'm over it. If I can't get into a shop this year, I'm done. I know that sounds terrible, but thats how I feel about it anymore.

Wow, i understand how much of a headache it must be, i did mobile for ONE day and i got fed up!
 
Have you tried looking into a commercial real estate investment company? The usually own and lease buildings in different areas. Also if you go with them ask if they will upgrade you to a bigger space if needed anytime. I have arrangement where anytime during my lease I can step up with only the difference in cost.
Keep in mind one bay may have you stuck in bad weather. Two you can store one and move onto the next. Most places that have a drain do not slope to the drain

I'm a hair under 1500sqft and it can get tight. I also have other things going on too.
 
Have you tried looking into a commercial real estate investment company? The usually own and lease buildings in different areas. Also if you go with them ask if they will upgrade you to a bigger space if needed anytime. I have arrangement where anytime during my lease I can step up with only the difference in cost.
Keep in mind one bay may have you stuck in bad weather. Two you can store one and move onto the next. Most places that have a drain do not slope to the drain

I'm a hair under 1500sqft and it can get tight. I also have other things going on too.


That i will look into thanks!
 
Welcome to the business world! It aint cheap

look in industrial areas, not retail space on major roadways. I'm in a 1000sq ft warehouse that I pimped out

and come on - no one has posted this yet?

262717754_how_much_is_my_rent_too_damn_high_next_question_xlarge.jpeg
 
A good rule of thumb to follow is to cover your costs with a weeks worth of revenue that way the rest of the month youre in the black. So if your averaging X dollars a week then you get a good basis of what you can spend on rent. Between NY and NJ no space is going to be fairly cheap just the nature of living in the area.

Also if business is slow you may not want to put the financial stress of having a shop on you until you build a steady business that can sustain it without putting pressure on you to come up with the money every month.

Just my two cents.
 
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