NAPA: Vin Waterhouse and The Waterhouse Group

Beginning in 2000, Vin Waterhouse made an arrangement to work with NAPA on an exclusive basis as a consultant and business trainer. Available to all NAPA AutoCare Center Owners, the company’s management system allows unlimited conversation and consultation between Vin Waterhouse and shop owners like you.

The Waterhouse Group provides live financial management training for auto parts stores and auto repair shops. With all of their courses focusing on applying the techniques and methods of the 25% most profitable shops in the US, you can learn from the best on what is working and not working. The classes help reveal huge profits that you may have been missing out on as well as better managing your shop’s finances.

So what’s so great about the top 25% most profitable shops?

  • Shop owners have 4 years less experience but make 12 times more money than the average owner
  • Annual sales are $26,142 less than average shops, yet the shop earns 12.6 times more profit than average shops
  • Gross profit on labor is 4.65% higher than average
  • Sell $18.90 more sales per repair order than average
  • Monthly net profit is $9,098 with $2,229 lower monthly sales than average shops

The main strategy of the training is that their classes teach what you can do differently and how the other shops do it. Through a 2 day program with other shop owners, they teach you proven business practices, give a monthly budget for each category of your business, and you will learn what your net profit should be each month before you even open your doors.

With different tools and training solution that can be found on their website, The Waterhouse Group also accompanies their exclusive training classes with software solutions that they have developed. The software further aids your shop in obtaining higher revenues, providing financial software solutions for auto repair shops, body shops, part stores, and truck repair centers.

Auto Repair Shop Courses Offered:

  • Financial Management for the Auto Repair Business
  • Free 11 page shop analysis and 1 on 1 consultation after attending a 2-day class
  • Team Technician Course
  • The Service Manager Plus+ for the Auto Repair Business
  • The Supper Club: Advanced Training for the Auto Repair Business
  • The Waterhouse Financial Health Check (free online)

Auto Parts Stores Courses Offered:

  • Jobber Asset Management for Auto Parts Stores

Vin Waterhouse provides installers the ability to look-up and transfer NAPA-branded parts to their management system work order with just a few simple clicks of their mouse. Mostly helping auto shops with improving their financial systems and knowledge, The Waterhouse Group works closely with NAPA as one of the professional services provided.

What’s the best part about this all? NAPA provides a $440 scholarship! And you don’t have to be a NAPA customer to attend, with all of the classes having a “money back guarantee.”

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