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Automotive services

Mechanic and tyre shop financial model, built free.

A three-statement Excel model for an automotive repair and tyre chain, built from your own figures and checked to balance.

  • Free account
  • No card
  • Usually ready within the hour

We use generative AI in parts of our process, so mistakes can occur. Every model should be checked by a person before it is relied on. Read more

The business

Operates or franchises workshops fitting tyres, batteries and exhaust and carrying out servicing, brakes and mechanical repairs for retail motorists and fleet accounts.

See the sampleHow the model works

In short

  • 01

    Three linked statements

    Income statement, balance sheet and cash flow, linked in every period.

  • 02

    Valued two ways

    Discounted cash flow and trading multiples, side by side.

  • 03

    Monthly to annual

    Monthly, quarterly, half-yearly or annual periods, for up to 30 years.

  • 04

    Checked every period

    A Checks sheet shows the balance sheet balances and the cash reconciles.

The sample

The sample, as Excel draws it.

Built by the same system and checks as yours, on illustrative figures: every sheet as Excel draws it, or live.

Annual · 10 years · Low detail
Mechanic and tyre shop sample model.xlsx
The Summary sheet of the sample mechanic and tyre shop model

Illustrative figures: the sample describes no real business. The live preview shows values; your model’s Excel file has every formula.

How it works

How the model works for a mechanic and tyre shop.

  1. How it earns revenue3 formulas
    Franchisor revenue · All store formats
    Unspent marketing fund levies at period endUnspent marketing fund levies at start of periodMarketing levies charged to franchiseesMarketing fund spending
    Franchisor revenue · All store formats
    Franchise revenue (royalty and levies)Royalty incomeMarketing levy income (recognised as the fund spends)Technology levy income
    Franchisor revenue · All store formats
    Marketing fund and technology costsMarketing fund spendingNetwork technology costs funded by the levy
  2. What drives its costs3 formulas
    Venue labour costs · All venues
    Venue labour costsVenue revenuefrom venue revenue and site EBITDAVenue labour (% of venue revenue)
    Venue rent and occupancy costs · All venues
    Venue rent and occupancy costsBase rentTurnover rentOutgoings
    Other venue operating costs · All venues
    Other venue operating costsUtilitiesRepairs and maintenanceMarketing and promotionsSecurityCleaningEntertainmentLicences and insurance
  3. What it invests in3 formulas
    Corporate fixed assets
    Capital expenditureRevenuefrom statementsCapex as % of revenueAdditional planned capex
    Corporate fixed assets
    DepreciationDepreciation of the opening asset baseDepreciation of new capex
    Corporate fixed assets
    Closing net book valueOpening net book valueCapital expenditureDepreciation
  4. How it is funded3 formulas
    Debt
    RepaymentsScheduled repaymentsPrepayments from an equity raise and the cash sweep
    Debt
    Closing balanceOpening balanceDrawdownsRepayments
    Debt
    Interest expenseOpening balanceAll-in interest rateshare of the year
  5. How profit becomes cash3 formulas
    Working capital
    Trade receivablesRevenuefrom statementsDebtor daysDays in period
    Working capital
    InventoryDirect costs (positive)from statementsInventory daysDays in period
    Working capital
    Trade payablesCash operating costs (positive)from statementsCreditor daysDays in period
What it covers

21 parts, each one tested.

Every part is a tested building block with its own checks: yours is put together from the ones your business needs.

  • CPI forecastConsensus curve with long-run anchor
  • Corporate costsFixed cost base indexed to CPI
  • Working capitalFull working capital
  • Income taxCorporate rate with tax losses
  • Corporate fixed assetsStraight-line over remaining life
  • DebtAmortising term loan
  • Dividends and distributionsPayout of net profit
  • Discounted cash flow valuationDCF on free cash flow to the firm
  • Multiples valuationEV / EBITDA multiple
  • LeasesLease register
  • InventoryStock per store plus DC stock
  • New venues, acquisitions and refurbishments (top-down)Openings schedule with ramp to maturity
  • Store networkScheduled openings and closures
  • Franchise network salesLFL plus new-outlet contribution
  • Franchisor revenueRoyalty plus marketing and technology levies
  • Workshop repairs and tyre salesTyres × price plus fitting servicesService, repair and tyre revenue at a workshop, and the parts and tyres it consumes.
  • Venue registerOpening date, closing date and capacity
  • Venue labour costsWages as % of revenue
  • Venue rent and occupancy costsBase rent plus turnover rent
  • Other venue operating costsCost lines with growth
  • Venue revenue and site EBITDA
Key numbers

The numbers it tracks.

  1. 01car count
  2. 02average repair order
  3. 03tyres sold
  4. 04parts margin
  5. 05technician productivity
  6. 06site EBITDA
  7. 07network size
Used for

What it is used for.

Related models

More in automotive services.

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Looking for a mechanic and tyre shop financial model template? Ours arrives built for your business, with your figures in it.

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See a finished model, sheet by sheet

The sample is built on illustrative figures and describes no real business. Models are calculations prepared from the information you provide. They are not financial advice and must be independently verified. See our terms.