I was wondering how much value there would be in opening a shop like this - essentially just renting out the space piecemeal

 

Now that would be rad. I'd pay $50 to rent a lift for a day.

I'm going to try and do my clutch I think and without a lift it's a PITA. Fortunately I have access to a lift for free... whut whut.

If I can't pull it off I have a shop lined up to do it for me at a fair market value.

Need to do brakes, clutch, diff/tranny flush. Try to knock that all out in one day.

 

It would only be valuable if you had multiple lifts and were running one lift yourself all day. That way you'd get some income from your extra lift instead of having it store cars for the next day or month like a lot of shops do... or sit empty and had the insurance to cover your ***.


But just opening a shop to rent lift space.... probably not much value. Most guys working on their own cars on the regular just crawl around at home.

 

I think your biggest obstacle if you were to rent out a space daily would be liability. There are a lot of dummies out there and when you give them access to heavy machinery...

 

The idea of renting out shop space and tools for people to use has been done before. Seen and heard of several places that failed. Insurance alone Im sure would be a huge cost. It just doesnt pan out.