When the word jewelry comes into our mind, our mind begins to explore about the designs and types of body jewelry. There are many varieties and range of body jewelry that are there in the market. Some beautiful jewelry attracts most of the people.

Females are mostly attracted towards the jewelry as it increases the beauty of a lady. Indian ladies are most fond of  the jewelry as it increases their beauty.

There are many sparkling Ear Body Jewelry that are available in the market. Ear jewelry increases the beauty of a face.

These days there is a trend for body piercing. People are very much keen to purchase these jewelries.

The Ear Piercing Jewelry are well known for the beauty and its chirpy ness.

The jewelry barebells are mostly available in all the places, you can make a purchase of them by contacting to any person online or by searching for them on the websites.

Eyebrow piercing is also very much famous all over the world. Eye brow piercing increases the beauty of a person. The eyebrow jewelry piercing looks very attractive and also available in different designs.

The gold belly botton jewelry is for the belly, this button is for the belly and it increases the beauty of the belly. This is one of the most scintillating jewelry.

The Piercing Jewelry Wholesale is not that much expensive, I think that its quite cheap as compared to other jewelries and can be purchased in bulk.

Body jewelry are one of the most beautiful ornaments to put on the body as it increases the body beauty. Jewelry are these days sold all over the world in a large scale. As there is huge demand for the body jewelry all over the world.

So, I would say that whether male or female every one can afford for the beautiful jewelries and should wear them.

Are you fond of body jewelry but scared of getting piercing? Then you need not worry because now you can wear your favorite body jewelry without getting yourself pierced. You can now look glamorous with beautiful body jewelry that can be worn without piercing. The non piercing belly rings are one such example of body jewelry that can be worn without piercing. The non piercing belly rings are a perfect option for those who are scared of getting their belly pierced and who do not want to undergo pain. Through non piercing belly rings, you can flaunt your belly and look beautiful.

If you are ready to get piercing done, then you can go for any of the piercing like ear plugs piercing, eyebrow jewelry piercing, tongue ring piercing, body piercing plugs, etc. ear plugs piercing is one of the piercing which has become quite popular with the youngsters. The ear plugs piercing block the hole in your ears with beautiful jewelry. Another type of piercing jewelry which is very popular with the youngsters is eyebrow piercing jewelry and tongue ring piercing. You can use any type of jewelry in Eyebrow Jewelry Piercing and Tongue Ring Piercing which you like.

You can buy your favorite body jewelry from retail stores or there is Piercing Jewelry Wholesale also. Through piercing jewelry wholesale, you can get the body jewelry at reasonable prices. The body piercing plugs and other body jewelry is available on the website as well. So, if you do not wish to go anywhere, you can simply log on to the website and order your favorite jewelry.

So you think you want to buy a body shop? A body shop can be a great investment if you have the skills necessary to make it work, and are willing to do the business actions necessary to bring in the business and keep the business profitable. I would like to help you work out if you really want to buy a body shop and, if you do, what kind of shop would be best for you.

Do you have the skills to buy a body Shop?

Most successful body shop owners come from inside the industry. They are occasionally body and/or paint men who worked in the production area as a teenager or as a young adult. This education is extremely valuable and, if you are buying a shop doing less than $1,000,000 in sales per year, is an absolute necessity.

Some owners learned the business as an estimator, working for a body shop or as an insurance adjuster out in the field for an insurance company. Another group of buyers have had no body shop experience but they grew up around cars and love them. This buyer should only buy a shop where he has a family member with experience, in the business that will be working with him or where the seller agrees to stay for 1 year and teach the buyer every part of the business.

Towing company owners sometimes want to expand into a body shop. This type of buyer has a lot of understanding about the business but needs a shop where experienced staff is staying with the company. The last group is composed of business people who figure they can run any kind of business. This type of buyer can make if he has at least one family member with experience and the buyer is a very good sales person.

Are you willing to do the business actions necessary to do the business?

In this section I would like to discuss which actions are absolutely necessary to be successful in running a body shop and if not done will guarantee failure.

The single most important action that must be taken by any new body shop owner is to bring in new business. This is twofold. 1. Everyone wants more volume and you bought the shop based on your belief you can do more volume than the last owner. 2. You must replace the volume that will be lost by the transfer to you the new owner.

You get this new volume from several sources:

1. One of them is not DRP Contracts. DO NOT BUY A SHOP BASED ON THE BELIEF THAT YOU WILL GET DRP CONTRACTS IN THE SHOP UNLESS YOU HAVE AN AGREEMENT BEFORE THE PURCHASE TO GIVE YOU SUCH BUSINESS.

2. Rental car companies. This business is relatively easy to get but you do not want to rely on this business over the long term. It is not profitable enough to cover all your fixed costs, even though it will contribute to covering the rent.

3. New Car Dealerships. This is full retail price business but the dealership will expect you to buy their business by giving them a few thousands of dollars a month or some other compensation. Remember if you can steal the business from someone else, then someone else can steal the business from you.

4. Used car dealers and auction cars. This is a good source of business with most of the money being made on buying and selling cars. This tends to be stable business if you like this kind of work.

5. Referral business. These are national body shop groups that make national deals and for 10-15% of the income will send you car work. This is a very expensive way to get business and in the end is not profitable.

6. Corporation Accounts/Fleet Accounts. This is one of the two best ways to get business. Some companies do self-insurance. Others have insurance. Regardless, a salesman can get them to send you all their business by offering good service or other remuneration (Compensation.) Corporation accounts are quite often at full price or some reasonable discount. Some people offer to drop the deductible or give some other kind of a discount.

7. Off the street. This is the best business is the whole world if you can get them in the door and keep them in the door. This is where location plays an important part in getting the business. Visiting all the businesses in the neighborhood and offering discounts to their employees or other employee benefit for coming to you can get this business. This type of business is what a good salesperson dreams of. Most established businesses tell me they did this originally but stopped going out and selling when they got busy. Funny isn’t it? The action that made you busy cannot be done any more because you are too busy. This is how you build a shop’s volume without DRP contracts. This is a profitable business for the man who doesn’t mind selling and making friends with people.

Do I really want to buy a body shop?

If you are an adjustor and feel that your employer insurance company will give you a DRP contract in a specific area, you might have a high motivation to buy a shop in that area, even if its current volume is low. If you are expecting the existing clients to stay with you, after the sale, you have to do some research on this. If the clients are from corporate accounts, car rental companies, or just off the street, you are probably correct. If the clients come from personal relationships of the seller then forget it. People of like nationality have a greater chance of turning over personal relationships.

If you are buying a shop with DRP contracts currently, do not assume that you can keep them. In fact, you must assume you will loose them the day escrow closes. Do not buy a shop that has DRP contracts unless you already have a relationship with those same insurance companies at another shop you currently own. If you are reading my article, I can safely assume you are not a multiple shop owner currently. There are a few ways to buy a DRP shop and not loose the contracts but I cannot publish this information, in as much as the insurance companies will prevent my approach from working in the future.

If you do not want to do the marketing, then do not buy a body shop. PERIOD!

What kind of shop would works best for you?

Of course you want to decide based on the estimated volume that you expect to do, what size shop you need. If you expect the volume to remain the same then you figure the rent and profit based on that number. If you know you can bring in corporate accounts, dealerships and other business then you can use a bigger shop. If you expect to only have new business that you yourself bring in then a smaller shop may work perfectly.

If you get too big a shop the rent will kill you. If you get too small you will limit your possible volume unless you put in a second shift and keep an eye on that 2nd shift. There are larger capacity shops doing small volume that can be bought very cheap or reasonably.

There are smaller, very inexpensive shops available to use as a first time shop. Then after you learn the business and prove you can bring in volume, you can buy a bigger shop and sell off the smaller one. The best guarantee of success is to start small and grow bigger.

What you do not want is to buy a large shop that you cannot fill, thereby working for the landlord.

Conclusion

Keeping all of the above in mind and to not take on more than you can chew. Buy a shop that fits your personality and ability and then move up to the bigger shop when you have proven to yourself that you have done it and can do it again. If I can be of any assistance, I am here to help.

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Have you ever asked yourself the question? “Is this a good time to sell my business?” That is a question every business owner asks himself, every time he has a bad day. I once received e-mail from the editor of the Auto Body News, asking me that key question. “What is happening in the market today? Is this a good time to sell? ” My quick answer was “These are very interesting times.”

Of course that answer doesn’t tell you anything that you can get your teeth into. So! Let me clarify my answer. Since I have been selling body shops for 10 years, I have seen many changes in the body shop industry. One thing that hasn’t changed is that there have always been an abundance of both sellers and buyers. The buyers have always been, and still are picky about what they were looking for.

The perfect shop in the eyes to the buyers is (A) one that has a customer base and a revenue stream that is reliable and isn’t dependent on the owner being there to retain each individual customer, and. (B) doing a volume of at least $100,000 per month, but really much more. Large volume sellers think that if they have a DRP (Direct Repair Program,) they have what body shop buyers’ want. A DRP is where the insurance companies set up a relationship with the body shop to do all insured’s body shop business, much like an HMO in the health insurance field.

This may be what buyers want, but the DRP contracts are not automatically transferable, and a buyer will be very unhappy if the DRP leaves, the buyer, after they have paid a lot money for this “reliable revenue stream.” Smaller volume sellers, on the other-hand, not having corporate accounts, dealerships or other contracts still have hope for getting lots of money for their shops. The average shop I run across is only doing about $300,000-$500,000 annual gross income. So what we have is a situation where a lot of buyers are looking to buy a shop, but there are not a lot of shops available, which fit what they are, interested in-$1,500,000 annual gross income or more.

This year, one change has occurred. There are fewer shops available than at any time in my career. Not fewer of the large volume shops for sale, that is fairly stable, but fewer of the small mom and pop repair shops that have not been in heavy demand. The reason, I believe this has happened is because of the booming economy. Low volume shops are doing better than they have in years. They are making money, and do not feel as much pressure to close down. They still would like to get out, but when they find out that their 5,000 sq. foot shop which is making them a $100,000 net profit, is only worth $100,000 on the open market they decide to keep on working.

As always, the shops doing $1 Million to $3 Million per year gross income is still in demand. The price alone still is the main factor, in determining if these shops will sell. A good example of this is what is happening in lower Orange County. There are currently a couple of shops in Lower Orange County that are for sale, by the owners. They appear to be very profitable but the asking price is too high and the buyers all know it. Even the fact that these are the only shops available for sale in this prime area has not changed the fact that buyers just refuse to over pay.

Last year I was marketing a high volume shop, in Ventura County. The buyers refused to pay the asking price, even though the volume was there. Why? The profit wasn’t. In this situation, the buyers would not pay for the volume and stability of income unless the net profits were there. They didn’t assume that they would make a profit where the current owner was not. It appears that the buyers of today are very careful. I believe they do not trust their own ability to get new business and therefore are too careful.

To clear up any confusion about what kind of buyers we are talking about, lets break the buyers up into categories. The first category is the consolidators. There are two large ones in Southern California but they are not the whole market. I have talked to out of state consolidators that have inquired about moving in to the So California market. Consolidators want shops that fit their model. That model sometimes changes but basically they will buy a shop if it fits their model.

If it doesn’t, they will not touch it. The price by itself doesn’t turn their interest on or off. We do not have enough space to discuss what this group will buy, in this article. It is enough to say, “ If your shop fits their criteria they would have contacted you and expressed interest. If they haven’t contacted you, they are not interested.” Period! They know their market place and who is in it.

By the way, if I owned a shop that a consolidator wanted, I would never sell to them. Being a professional negotiator for 20 years, I find the requested seller financing terms totally unacceptable. When I have discovered what the terms of the sale are, after the fact, amazed me. I had buyers for the same money, or more, without the seller being at risk, but no one asked me.

The second category is the multiple location shop owners. Usually with one or more DRP contracts shop that wants to expand into more areas. They are very interested in the sq. footage of the shop, and its ability to handle over $2 Million Gross Income per year. This buyer only looks in limited areas. The areas being where they have been offered a DRP contract. When they are looking, they need it now, while the window of opportunity is open to them. If they can’t find it quick, they will not need it at all. Recently I had a multiple shop buyer who had made an offer and was negotiating on a shop in West Los Angeles. By the time we finished the negotiations, the DRP contract was gone and consequentially, so was the buyer.

The third category is the buyers who have worked in the industry before, but do not currently own a shop. Also in this group are the buyers who have family in the industry; money is no problem. This buyer believes “ If it doesn’t have a DRP, forget it. If it has a DRP and isn’t making much money, also forget it”. If it has a DRP, and it is making money, they are interested but only at what they consider is a fair price (In their eyes). This group I have successfully changed their mind as to how they analyze what a good shop looks like and on occasion they have bought shops with “a steady reliable income”, instead of trying to find a shop with only a DRP insurance contract.

The fourth category is the person that just wants a shop. They will do what they have to, to afford a shop-that will work for them. This group is the working body man or auto repair shop mechanic. Because of their limited funds, this buyer will only pay what he or she feels the equipment is worth. They will pay nothing for goodwill because they believe that the seller’s customers are not stable and will leave when the ownership changes. Are they wrong?

In Conclusion: There are a lot of buyers out there. My database has over 250 current names of body shop buyers. There is currently a shortage of shops for sale but mostly in the properly priced category. Most days I feel like a marriage broker with a lot of plain brides and a few beauties. The dowry for the beauties is more than most good-looking boys will pay. The balance of the girls may not be pretty, but some of them can sure cook. Anyone want to get married? “Have I got a girl for you”

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