Income $75,000 $150,000
The range of income for the first year will depend upon how large your market is. If you live near an area with older homes, your market will be larger than if you live in an area where most of the homes are new.
Description
Most appliance stores do not include repair services for chipped or damaged bathtubs. However, the remodeling business is much larger than the repair business. When people remodel their bathrooms, they don’t want to replace the original bathtub in order to match it to make it match the new decorations, so you will be able to refinish their tub at about half the cost of replacing the tub.
Clients
Your clients will consist of upscale homeowners especially those who are looking to remodel their homes. You will obtain most of your clients from the appliance stores directly. You might also obtain referrals from people in the construction industry.
Marketing
Plan You should be marketing to the homeowners directly. You could place ads in local rag sheets such as the Penny Savers and neighborhood classified listings. It is a good idea to develop relationships with construction companies who specialize in remodeling projects.
Power Partners
Your Power Partners will consist of business owner who sells to homeowners and are in the construction trades who will provide you with personal introductions to the clients they are working with.
They will consist of general contractors, cabinetmakers, painters, handymen, tile and most of the carpet installers. The conversations with these Power Partners should indicate your willingness to include them as you become aware of clients who need their services. It is important you meet with these Power Partners in person the first time, and then keep in touch with them weekly by email or by phone.
Requirements
You will most likely need a truck large enough in which to occasionally haul old bathtubs. You’ll also need the typical construction tools. Most importantly you will need to get your contractor’s license, so you will be covered by liability insurance.
Resources:
I discovered several websites, which were very detailed in regards to how to start. Here are a few that were the most helpful. http://www.hardtops.com/business.asp
http://www.startremodeling.com/refinishing_services.htm
http://www.miraclemethod.com/
Personality Type: Expressive, Amiable
Total Start Up Costs: Less than $2,500(includes business cards, tools, phone and advertising)