Tel: (386) 788-6663
Cell: (386) 316-3700
Nationwide:
1-800-92-SHINE

 


 

 
 
 
 
 
 
 
 
 
 

Hi Tech Marine Systems

USA

Business Statement

 

 

Hi Tech Marine Systems USA, Inc, represents the following examples of actual direct cost of a typical retail operation. The profits are not inflated but were taken from actual profit and loss statements using year to date figures. A Dealerís success depends upon the efforts put forth by the dealer, quality of workmanship, and the business techniques used by the Dealer.

 

DEFINITION OF COSTS:

 

Labor -

Cost 25% - 31% of gross sales. This includes non revenue warranty work and training new applicators. Average pay is $8.25 / hr.

Hi Tech Products -

Cost approximately 6% of gross sales. This includes chemicals, bonnets, drive pads and wiping towels.

Misc. Products -

Cost approximately 2% of gross sales. This includes laundry of bonnets, acetone, and other chemicals needed to remove stain

 

EXAMPLES:

 

  1. 30í hull @ $12.00/FT = $360.00/Day X 5 Days = $1,800.00/Week X 4 Weeks = $7200.00/Month Gross per man.

 

2. MONTHLY SALES

$10,000.00 Gross Sales

  $2,700.00 Labor (27%)

     $600.00 Hi Tech Products (6%)

     $200.00 Misc. (2%)

$6,500.00 Profit (65%)

 

3. ANNUAL SALES

$75,000.00 Gross Sales

$20,250.00 Labor (27 %)

   $4,500.00 Hi Tech Products (6%)

   $1,500.00 Misc. (2%)

$48,750.00 Profit (65%)

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