RepairOne Says Second Location Boosts its Top Line - aftermarketNews

RepairOne Says Second Location Boosts its Top Line

RepairOne Automotive Concepts has reported record-setting revenue for the month of March and for the first quarter of 2005. Utilizing a combination of customer service, proactive marketing and competitive pricing, RepairOne is a leading automotive service brand in its local markets.March 2005 revenue at the company's original location in Port Orange, Fla., increased 19 percent over 2004, ending the first quarter with a 38 percent increase over the same period last year. An additional $176,000 generated by the second RepairOne location that opened in mid-January 2005 in South Daytona, Fla., gave the company an overall first quarter revenue increase of 95 percent for the same period. In March alone, the new unit added over $86,000 in revenue.

DAYTONA BEACH, FL — RepairOne Automotive Concepts has reported record-setting revenue for the month of March and for the first quarter of 2005. Utilizing a combination of customer service, proactive marketing and competitive pricing, RepairOne is a leading automotive service brand in its local markets.

March 2005 revenue at the company’s original location in Port Orange, Fla., increased 19 percent over 2004, ending the first quarter with a 38 percent increase over the same period last year. An additional $176,000 generated by the second RepairOne location that opened in mid-January 2005 in South Daytona, Fla., gave the company an overall first quarter revenue increase of 95 percent for the same period. In March alone, the new unit added over $86,000 in revenue.

“Our South Daytona unit was the second location we’ve acquired and converted from another automotive franchise concept,” said Steve Tacinelli, RepairOne Partner and CFO. “Prior to acquisition, the unit revenue for this four-bay service unit was estimated at $120,000 to $180,000 annually. The first quarter increase was encouraging, and we expect an additional $1 million in annual revenue from this unit. By utilizing our proven business model and adding an additional service bay, we hope to further increase productivity this year.”

According to Todd Hayes, founding partner of RepairOne, the company’s more 30 affiliate locations around the country are seeing similar revenue increases as a result of the unique RepairOne concept.

For more information, about RepairOne, go to: www.RepairOne.com.

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