London, England – June 17, 2015 – London is one of the most happening cities in the world with a very high standard of living. Interestingly, it is one of the world’s most populated cities also – a staggering 8 million people lives here with a very high median income. Quite evidently, it has a huge market potential for any kind of business!
In London and also across the entire UK, franchised or manufacturer managed garages charges the most, with the mean hovering around £300.80 in London. This is followed by the Independent Chains, who charges an average of £224.99 per servicing. In this pecking order, the Specialist Independents and the Fast Fits are cheaper options with average servicing charges of £196.73 and £145.00 respectively.
No wonder, the hidden opportunity was spotted by car mechanics, who took the bold step of venturing out on their own and challenge the established garages. As one of them, Timothy Clarke, took out time of his extremely busy scheduled and showered the less known industry facts, “Survey reports reveal that London is one of the costliest cities in the world if you want to get your car serviced over there and cumulatively, the car owners of the UK who goes to the franchised service centers ends up shelling out £500 million extra than what could have been the cumulative charges of Fast-Fit servicing.”
People like Timothy who has an entrepreneurial bent of mind knows the weak points of the Goliaths and has developed a sleek business model, as it is evident from his words, “If one analyses carefully, there are a few common factors that shoots up the servicing charges so high – high rents on commercial / garage spaces, under-used capacity, power and gas bills, market regulations, unavailability of parts, etc. being a few of them.”
Timothy has a partner called James, who looks after the accounts, inventory, appointments and other financial expenses needed to run the business. To answer the question involving the intricacies of the business model, James said,” All you need to do is to have a van so that you can be mobile and not stagnant, along with one or two efficient and trained technicians. By doing this, you will eliminate rentals, operational overheads, wastage of resources, etc. Combining all these, the cost incurred by you will be very little as compared to established garages.”
Londoners are overjoyed with this kind of service, as this London mobile car mechanic fraternity has been able to reach those who needs professional assistance due to sudden car breakdowns at the middle of the road or during a long trip to the countryside, where there is little chance to get any garage nearby. Also, busy lifestyle leaves little time for taking cars to garages and if the mechanic arrives at the doorstep, nothing can be better than that!
News Source: http://www.londonmobilecarmechanic.com/