Free tools / Maintenance plans
What a maintenance plan is worth to your shop.
Members pay a yearly price, you owe them tune-ups, and they get a discount on repairs. Enter your own numbers to see what's left after the visits and the discount.
The program nets, a year
$3,600
- Recurring revenue
- $12,450
- Margin on the visits
- $4,950 39.8%
- Discount given away
- $1,350
- Net per member
- $72
What this leaves out. The repair work members book at full price on top of the discount, members who don't renew, and tax. It's the program on its own, nothing more.
How it's worked out
Recurring revenue
members × yearly price= 50 × $249 =$12,450Cost of the visits
members × tune-ups × cost per visit= 50 × 2 × $75 =$7,500Margin on the visits
revenue − cost of the visits= $12,450 − $7,500 =$4,950(39.8% of revenue)Discount given away
members × repair jobs × average job × discount= 50 × 0.6 × $450 × 0.1 =$1,350Net
margin on the visits − discount= $4,950 − $1,350 =$3,600
How Tandem fits
You set a plan's price, its visits a year, the lines put on each visit and the member discount in Settings → Service plans. Tandem bills each renewal on its date with a pay link, creates every maintenance visit as an unscheduled job due that day, and takes the member discount off the member's other invoices. Members can see their visits and renewal in their portal. See features for the rest. Tandem doesn't count what a visit costs you; that's the number you typed here.