The TPI Gross Profit Calculator is made to give you a very good idea to the potential profit your service center can be missing out on by not using our products. Three (3) basic operational values is all we need. With these values our calculator goes to work to provide you with your potential profit.
But before we begin, please let us know a bit about yourself. This information is kept private and not shared with anyone.
Please enter your simple three (3) base operational values.
Average # of Monthly Repair Orders
This value represents to the average number of monthly repair orders your service center generates
Existing number of tires sold per month
This is the number of tires your service center sell per month.
Gross profit per Alignment
What is the average gross profit your service center records for each tire alignment performed.
Your Potential Gross Profit is
Based on the values you have provided to us and values derived from industry best practices, we have calculated your potential yearly gross profit for your service center's tire and alignment offering would be if you start using our products.
Percentage of vehicles that need immediate tire replacement
Our statistics show that on average 20% of all vehicles on the road today need to have tires replaced. We conservatively use the value of 15% for our calculation but you can enter any value you would like to have.
Tire sales potential (tires not vehicles)
This value represents your potential tire sales based on your number of monthly repair orders and the percentage of tire replacement used.
TreadSpec Close Rate
This close rate is the expected percentage we anticipate that your service center will be able to close in additional business. Please remember these are RED tires
Tire Sales when using TreadSpec per month
Our calculated value representing the additional monthly tire sales we anticipate you will have when utilizing our products.
Increase in tires sales with TreadSpec
Using our products represents this value in additional tire sales.
Average Gross Profit per Tire (part and install labor)
Makes sure to include parts and labor in this average gross profit value. The average gross profit is $25.00
Monthly Incremental Gross from Tires
This monthly value is the anticipated additional gross profit your service center can have.
Additional Alignments from Selling tires
Because your service center sells more tires we will consider the cost for the additional alignments due to those sales. Industry standard tells us that an 80% conversion rate is a very conservative value to use here.
Monthly Additional Gross in Alignment from Tire replacement
Your additional monthly gross profit created from the additional tire alignments
Total Monthly Gross from Tire Replacement and Alignment
This is the gross profit your service center is missing out on simply by using our products.
Total Yearly Gross from Tire Replacement and Alignment
This is the gross profit your service center is missing out on simply by using our products in a single year's time.