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    4 Replies Latest reply on Jan 31, 2010 12:16 AM by phanio

    take  over  auto service business

    luckytomyu Newbie
      I am general mechanic for industrial (mechanical/electrical) with some experient outo/ car repair (just for hobbies), I am thinking to buy auto repair shop .I saw one for sale with 4 service bays in los angeles area asking for 80 K, , the problem is I don.t have any capital to buy it but i have house where i can get line of credit , I dont have any certification for auto repair , please advice it is wise to use my only house for starting this business, i am 59 years old , I am just thinking to keep working as industrial mechanic on second shift then on morning time i will do our own outo shop with help of my son & wife. but i never have our own busines before , i Just worry how to handle accouting , & tax system & what is the most problem we will facing in this auto repair shop
      any advice welcome
      thanks