Need input on new business!!!!!

[Disco Dan Richter]

I am considering buying a complete lineup of hydrographic equipment. This is the process that puts camo patterns on atvs, guns, fenders, etc and also wood grain patterns on dash parts so pretty much any type of pattern on any substance(can't wait to custom camo my Taylor made driver!). I will need about 300 grand to do this includes the building so it's not cheap by any means. What I would like to know is if you would consider doing your hoods, side panels, skis, tunnels or ATV parts or truck parts? There is a market just got to see what interest I can get. This process is permanent so not like a "wrap" like most ppl do. Please give me your thoughts!!
Thanks much!
DDR

 

[Snowmow]

You have to keep hella busy to turn a dime. Especially when footing a 300k startup. I would consider a hydro dip on sled parts if the cost was comparable or less than a wrap. If I were you, id be hitting up local gun smiths, auto body shops, Harley and powersports shops. Just everything and anything that pertains to your business. You will have to be dippin all day to make it worth while.

 

[mnsnowhawk]

I wouldn't do it. I've never seen anyone hydro dip. Wraps are in style now and it sure makes no sense to me. Unless you are in an area that this is popular. It isn't here in mn.

 

[n2otoofast4u]

I've had some parts dipped for my sled. What kills the deal is the shipping of both ways. For one its expensive, and secondly when the stuff ships back it takes a bunch of money in protective stuff in the packaging. IMO........ You're too late the the hydro dipping party.

 

[SRXSRULE]

Ive looked into this in the past at having some parts done and passed on it.

Am I missing something in the process? I thought about all you needed was a place to spray and a tank to dip the parts in. 300,000 sounds very high to get into the business. Eric

 

[Disco Dan Richter]

300g is for equip and building, electrical, lot etc....
A guy could buy a basic setup for 20g and put it in a garage but I thinking more on a commercial set up

 

[goridedoo]

Starting at that point ^^^ and going from there would be smartest IMO

 

[christopher]

MAN that is a steep entrance fee to get going.
I would seriously look for a way to do it for a fraction of that price.
Start small, learn the trade, build up your reputation and clientele and then expand as needed.

$300,000 is a lot of cash to take a chance with.

 

[snowmobiler]

bostons,skippers and outback just closed here.the economy blows

 

[n2otoofast4u]

^ all 3 suck......... Aren't you from central oregon?

 

[Laundryboy]

How much of that 300k will be financed?

 

[Laundryboy]

I don't think you'll find a bank with much interest unless you have a significant portion of your own money to risk. In my experience the numbers are usually something like: you 25%, SBA 25%, bank 50%. If you have enough to convince a bank that the SBA doesn't need to be involved would be very desirable. They have so many hoops they'll make you jump through and fees they'll charge you'll feel like you were raped.

 

[ferniesnow]

I think Christopher hit the nail on the head! Just MHO.....

 

[snowmobiler]

^ all 3 suck......... Aren't you from central oregon?

bamaville.here your either born loaded or lucky to find part time minimum wage.LOL

 

[Dirty Steve]

I would look into renting at first and give it a try. Do you have any experience working with the whole hydro dip process? Are you buying all new equipment or is someone selling it. If it's used, why are they getting out of it?

I have been in business for 6 years. I lost my job when the economy tanked and got a small loan and bought my equipment cheap after the bank took it back from my former boss. I rented a building for the first year and made sure I was going to be able to keep things rolling and pay my overhead before I began to move forward.

I have seen a lot a people with a big dream go out and get a big loan and go all in and lose it all. Unless you have hell of a business plan, an established customer base and experience in the business that you plan on going into, baby steps are the way to go.



Sent from my DROID RAZR using Tapatalk

 

[ullose272]

you would be better off doing powdercoating or maybe get a printer and do wraps. a buddy of mine makes a living doing wraps for different stuff

 

[donbrown]

300 k NO WAY unless you have lots of commited sales.

20K okay and have lots committed in sales

Know a guy in IDAHO by twin falls who started a used / repair sled site and never got off the ground because the building took all his profit .

 

[FatDogX]

Start smaller and work your way up, if it's what you truly want to do.

As far as the business idea, we have a pretty good hydro dip place right here in town but honestly not many of the local sledders use him. I think they do okay but the guy who owns it, also owns other businesses as well. So if it goes south, he's got other stuff to fall back on.

 

[TurboM700]

Like others have said. Shipping sled plastic is really expensive. I had my nytro plastic done last yr from a guy that did it in his garage. He did them for 300 bucks for all the plastic. Shipping each way was 120. If I didnt allready make the deal with him I wouldnt have done them but, they did turn out great in the end.

I think the bigger money would be in hunting products, try and talk with a start up business that makes hunting products that needs hydro dipping. Shipping cheap and you can keep your rates down.

I would also start out of my garge/pole barn till things get moving.

 

[chopper]

No way 300k, your kidding
Prob cheaper sending it to china, let them do it, you just look after the front end of business....... that's the way it's going here anyway, I ordered some shutters for my bathroom, 10 day turnaround from order to install, made in China, fug me, how do you compete