A Look Inside Schraders Speed & Style
Mike Abssy recently changed his shop hours. With summer afternoon temperatures passing the 100-degree mark in Azusa, California, the owner of Schraders Speed & Style starts work as early as 5 a.m. so he can close his doors by 2 p.m. to avoid the worst of the afternoon heat.
Making his own hours is one of the benefits Abssy is afforded by running a one-man shop. He can also work offsite, spending whole days working on customers’ cars at their homes.
“I have 100-percent flexibility,” he said. “I have one client [that has] a beautiful shop and I do work for them at their facility and I charge an hourly rate just like I would here, so that’s one great example of flexibility, being able to go to do work like that.”
Abssy didn’t always have this kind of flexibility. When he started Schraders in 2002, his plan was to create a restoration brand complete with a huge shop, multiple employees, and a line of products and branded merchandise.
“Business at the shop was always steady,” he said. “Almost from the very beginning it seemed like there was a lot of work out there. I started as a one-man show in 1,500 square feet and within two years, I was just bursting at the seams, so I expanded into another unit and I was in 3,000 square feet.
“About a year after that, I expanded [to a shop totaling] 5,500 square feet, and at that point I had a product line [and] I tried to get more involved in setting up online retail because I was a dealer for all kinds of product lines,” he said.
Abssy was also employing four installers during this busy time. But as his business grew, he started feeling it was unsustainable.
“I kept running more and more money through the business and it was less and less profitable,” he said. “I wasn’t really sure why that was happening but it was a lot of a headache and it took the passion out of why I did this in the first place.”
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