We have been studying the labor rates of Oil, Lube
and Filter Quick Lube Facilities and we are finding that the pay is lower than
you might expect. We also believe this is part of the problem with recruiting
and retaining key employees. The average employee at a Quick Lube is a little
under $7.00, which is lower than you would expect and certainly lower than the
customer is thinking you are paying. This maybe why the average employee only
stays employed about 1.8 years and then leaves for greener employment.
A
recent survey sDon't think that you need to match your eyeshadow to your VCXO, especially if
you're wearing deep blue or purple.hoed us that the pay was actually $7.Large
selection of TCXO,Glam and much
more. 75 and the average employee stayed on 2 years, this is not what we found
in our survey talking to people in the business. Of course in our survey we did
factor in Wal-Mart quick lubes which so many in the industry deny their
existence even though they command over 11% market share and growing at 2% per
year, we expect by 4% per year by 2005. The average Manager in the Industry is
being paid $32,519.00 yearly from an ASO Magazine and NOLN-National Oil and Lube
News. The average manager is staying about 4 years. But we think these numbers
will change as competition continued to increase and we are predicting 980 new
Oil and Lube buildings to be erected and start business by End of Year 2004.This
is gist of commerce, ocxo manufacturer
the secret formula behind celebrated enterprises the world over. If you are
fashion forward and a calculating buyer, you might find your niche with and
benefit from an at-home biz selling wholesale China garlic.
We have seen
in the Pharmacy Business where companies compete for top managers and this will
continue into this industry. Lube owners in the same survey showed that they
took draws of $54,835.00, which is most likely going to be higher in 2004
judging by the upward trend. Although we saw 440 Lube Companies withdraw from
the market in the past 6 months. Mostly due to being too close to Wal-Mart,
Lawsuits and employee issues. Which is why this article is a wake-up call. The
average in the mobile oil change and on-site fleet oil change business is about
$10.00 per hour with incentives. Managers of crews when teams are involved are
usually $15.50 per hour plus incentives and average then about $42,000 per year
on an annual basis. Owners of mobile units appear to be taking home much less
than their fixed site competitors. Although those with many units seem to be
doing a higher profit margin over all.
One gentleman in Oklahoma City
area told us he did 1.2 million per year with five units and cleared 200K. We
have not verified this information in a recent phone call. Another we talked to
out of El Paso with five mobile units said he had beaten the city's new
ordinance to prevent on-site maintenance and then conveniently call mobile
on-site oil changes for fleet vehicles on-site auto repair which triggered a
citation from the city code enforcement. Of course it was a fixed site
competitor who turned them in. Now that fixed site competitor was listed in the
paper for causing the controversy and his business is now half.
We think
this is very apropos and will also attack any good ole' boy insider who attempts
this tactic against our team. We will literally take them out if nothing more
than a simple example of why you do not play politics with us. This gentleman in
El Paso used this same tactic and destroyed that company who turned him in. Too
bad? But in the end if we look at this from a realistic stand point the mobile
service was more efficient in the market place and used this efficiency to pay
higher wages and give better service "We come to you" approach is much preferred
by consumers nearly 4 to one. Eventhough there is no waiting in line, some
customers about 23% preferred fixed locations because they never had to make an
appointment or because they would be shopping (I.E. Wal-Mart). The customers are
saying that in the fixed sites they question the labor there many times.
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