Large Parts Formula Tool

This tool helps you drive the same GPS’s to the bank as when doing the “gravy” High-Efficient jobs in the shop. Using a shop’s full-day average blend of Open Door GP$ Volume, this tool allows you to price large parts, like engine jobs, and go to the bank with the same average $’s you normally take to the bank with the “gravy” jobs. It’s about the GP$’s and not necessarily about the GP%’s.

Mike Cooper
Your Business Coach

Need help using this tool? Reach out to our support team!

Hint: This tool works best for jobs that are 12-15 hours or more. If after the calculation results, the tool list price for the parts is lower than the vendor’s retail suggested price, make sure to use the vendors suggested retail price. Sometimes they price things to be profitable.