Parts Gross Profits
For this key number, we want to know what percent of parts sales were profit. That is the total sale price of parts sold minus the cost of those parts expressed as a percent of the total amount of parts sales.
Last month Your Shop had total parts sales of $19,000.
The cost of those parts was $9,675.
Total parts sales : Includes all parts, fluids, and shop supplies. Tires not included.
Gross profit : The total profit on the sale before any expenses or other costs of any kind is deducted.
1st Number – $19,000
2nd Number – $9,675
So, our key number is 49.1%
The Goal here is between 48% and 53%