THE JOURNAL RECORD - TrinityTulsa.comMiller just acquired the Dent Doctor franchise for Tulsa,...
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T HE J OURNAL R ECORD Friday, June 1, 2007 www.journalrecord.com $1.00 • Vol.112, No.107 • Two Sections BY KIRBY LEE DAVIS THE JOURNAL RECORD TULSA – As a dozen construction workers strode around him, David Miller turned his eyes from the wall of glass fronting his hill- top building to the row of south Memorial Drive auto dealerships below his parking lot. “There’s literally a dozen dealers here, and none of them have body shops,” said the owner of Tulsa-based Trinity Restoration. “They have service shops, but they can’t have paint or body shops.” That promises instant demand for his $2.5-million paint, body and mechanical shop, which contractor Rupe Building Co. of Tulsa is rushing to complete by June 30. Having built relationships with several of the dealers, Miller expects to draw $6 mil- lion in revenue from his new 25,611-square- foot operation in its first year, which would triple the size of his three-year-old company. But even as he daily dons a hard hat to aid in the work, Miller is developing another project even closer to his automotive heart: brandnewmusclecar.com, a national compa- ny building custom muscle cars. “It amazes me that nobody has thought of this before,” said Miller, an enthusiast who owns a restored ‘69 Camaro Z-28. “It’s an online car dealership, that’s what it is.” As with many restoration companies, Trinity contracts employee time to build kit or custom cars on demand. Since it charges $50 an hour for labor, about $100 less than the going rate in California, Miller said cus- tomers found they could hire Trinity to build the cars, ship them on an 18-wheeler for about $1,500, and still save money. His new business will milk that option. Using a Web site designed by David Giacometti, president and chief executive of Shark Studios of Manhattan Beach, Calif. – Shark Studios also designed trinitytulsa.com – the site brandnewmusclecar.com will allow customers to custom order a Camaro, Mustang, ‘57 Chevy Belair or a Corba kit car, giving them a laundry list of choices between original spec parts or modern. Trinity imports the bodies on demand from Taiwan, stamped according to original man- ufacturer designs. “There’s a huge market out there for old cars,” he said, noting how even kit cars repli- cating the classics may command auction prices of $100,000. Originals may easily dou- ble that or more. Even with the body costing $10,000-plus, Trinity can often complete a vehicle for $80,000 to 100,000, with a turnaround time of less than four months. At that rate, Miller said a customer may be able to order a vehi- cle from Trinity, then turn around and sell it at a profit. Miller has already proven the market exists. Although it hasn’t marketed the serv- ice extensively, his company has 15 such construction projects going on right now. “I give them my receipts, and they agree to a 30-percent markup,” said Miller. Able to monitor progress over the Web, clients pay for the projects in advance. “They get a bill every Monday, and since they see the progress, they know there’s no fluff. And if the system fails – say I lose a receipt for some- thing – guess who loses? Me. Because I lost the receipt.” Miller, whose firm starred in a reality tel- evision pilot for MTV last year, hopes to start this company in July, following its announcement in Hot Rod magazine. “That alone would probably get us a dozen orders, at $100,000 a pop,” he said. Launching brandnewmusclecar.com will mark the third major expansion this year for Miller. Since paying $500,000 for Trinity three years ago, the 38-year-old former telecom executive augmented the paint shop with a collision shop, restoration shop and dealer shop, all based around Tulsa’s older auto row at 46th Street and Memorial. His annual revenue jumped from $1 million to $2 mil- lion last year, with a projected $3 million expected this year. His employment rose from three to 20. Miller just acquired the Dent Doctor franchise for Tulsa, adding paintless dent repair to his repertoire. With his marketing savvy and company synergies, Miller expects that business to double its revenues to $1 million over the next 12 months. But the big push will come with the paint, body and mechanical shop, which with land and equipment represents a $4 million investment. Miller plans to hire a staff of 36 for that 2.5-acre operation, with salaries ranging from $50,000 to $100,000. As his first foray into south Tulsa, opening the largest facility of its kind in the area, he expects these expanded services will attract new customers for all of Trinity’s operations. Miller has lined up a monster grand open- ing for the new business. Trinity will offer not only a 200-car auto show, live music, and food, but appearances by DuPont’s Nascar racer, ExxonMobil’s Indy 500 entry, the Chrome Shop Mafia from CMT’s Trick My Truck show and noted custom-care designer Chip Foose, who will arrive by helicopter. The building’s stylish design by architects Brad Lechtenburger and Tom Daman also offers a dramatic marketing presence, sitting atop a hill with a commanding view of the Memorial intersection with the Creek Turnpike, seen by 32,000 passing vehicles daily. Miller will augment that nightly when the shop’s bright red neon trim comes on. “Isn’t this beautiful?” he said, admiring not just the wooded vale around him, but the building taking shape beneath him. “Some of my customers said they were sur- prised to see something this beautiful in Tulsa. They expected to see it in Dallas. But I think it looks good right here.” PHOTO BY RIP STELL David Miller of Trinity Restoration talks about the grand opening of his new $3.5 millon paint, body and mechanical facility to be completed by June 30 in Tulsa. Miller plans on selling custom muscle cars on the Internet, as well. Tulsa auto restorer branches into muscle car construction Owner Miller builds national e-company as his Trinity Restoration completes $4M expansion to triple revenue
Transcript of THE JOURNAL RECORD - TrinityTulsa.comMiller just acquired the Dent Doctor franchise for Tulsa,...
THE JOURNAL RECORDFriday, June 1, 2007 www.journalrecord.com $1.00 • Vol. 112, No. 107 • Two Sections
BY KIRBY LEE DAVISTHE JOURNAL RECORD
TULSA – As a dozen construction workersstrode around him, David Miller turned hiseyes from the wall of glass fronting his hill-top building to the row of south MemorialDrive auto dealerships below his parking lot.
“There’s literally a dozen dealers here, andnone of them have body shops,” said theowner of Tulsa-based Trinity Restoration.“They have service shops, but they can’thave paint or body shops.”
That promises instant demand for his$2.5-million paint, body and mechanicalshop, which contractor Rupe Building Co. ofTulsa is rushing to complete by June 30.Having built relationships with several ofthe dealers, Miller expects to draw $6 mil-lion in revenue from his new 25,611-square-foot operation in its first year, which wouldtriple the size of his three-year-old company.
But even as he daily dons a hard hat to aidin the work, Miller is developing anotherproject even closer to his automotive heart:brandnewmusclecar.com, a national compa-ny building custom muscle cars.
“It amazes me that nobody has thought of
this before,” said Miller, an enthusiast whoowns a restored ‘69 Camaro Z-28. “It’s anonline car dealership, that’s what it is.”
As with many restoration companies,Trinity contracts employee time to build kitor custom cars on demand. Since it charges$50 an hour for labor, about $100 less thanthe going rate in California, Miller said cus-tomers found they could hire Trinity to buildthe cars, ship them on an 18-wheeler forabout $1,500, and still save money.
His new business will milk that option.Using a Web site designed by DavidGiacometti, president and chief executive ofShark Studios of Manhattan Beach, Calif. –Shark Studios also designed trinitytulsa.com– the site brandnewmusclecar.com will allowcustomers to custom order a Camaro,Mustang, ‘57 Chevy Belair or a Corba kitcar, giving them a laundry list of choicesbetween original spec parts or modern.Trinity imports the bodies on demand fromTaiwan, stamped according to original man-ufacturer designs.
“There’s a huge market out there for oldcars,” he said, noting how even kit cars repli-cating the classics may command auctionprices of $100,000. Originals may easily dou-ble that or more.
Even with the body costing $10,000-plus,Trinity can often complete a vehicle for$80,000 to 100,000, with a turnaround timeof less than four months. At that rate, Millersaid a customer may be able to order a vehi-cle from Trinity, then turn around and sell itat a profit.
Miller has already proven the marketexists. Although it hasn’t marketed the serv-ice extensively, his company has 15 suchconstruction projects going on right now.
“I give them my receipts, and they agreeto a 30-percent markup,” said Miller. Able tomonitor progress over the Web, clients payfor the projects in advance. “They get a billevery Monday, and since they see theprogress, they know there’s no fluff. And ifthe system fails – say I lose a receipt for some-thing – guess who loses? Me. Because I lostthe receipt.”
Miller, whose firm starred in a reality tel-evision pilot for MTV last year, hopes tostart this company in July, following itsannouncement in Hot Rod magazine.
“That alone would probably get us adozen orders, at $100,000 a pop,” he said.
Launching brandnewmusclecar.com willmark the third major expansion this year forMiller.
Since paying $500,000 for Trinity threeyears ago, the 38-year-old former telecomexecutive augmented the paint shop with acollision shop, restoration shop and dealershop, all based around Tulsa’s older auto rowat 46th Street and Memorial. His annualrevenue jumped from $1 million to $2 mil-lion last year, with a projected $3 millionexpected this year. His employment rosefrom three to 20.
Miller just acquired the Dent Doctorfranchise for Tulsa, adding paintless dentrepair to his repertoire. With his marketingsavvy and company synergies, Miller expects
that business to double its revenues to $1million over the next 12 months.
But the big push will come with the paint,body and mechanical shop, which with landand equipment represents a $4 millioninvestment. Miller plans to hire a staff of 36for that 2.5-acre operation, with salariesranging from $50,000 to $100,000.
As his first foray into south Tulsa, openingthe largest facility of its kind in the area, heexpects these expanded services will attractnew customers for all of Trinity’s operations.
Miller has lined up a monster grand open-ing for the new business. Trinity will offernot only a 200-car auto show, live music, andfood, but appearances by DuPont’s Nascarracer, ExxonMobil’s Indy 500 entry, theChrome Shop Mafia from CMT’s Trick MyTruck show and noted custom-care designerChip Foose, who will arrive by helicopter.
The building’s stylish design by architectsBrad Lechtenburger and Tom Daman alsooffers a dramatic marketing presence, sittingatop a hill with a commanding view of theMemorial intersection with the CreekTurnpike, seen by 32,000 passing vehiclesdaily. Miller will augment that nightly whenthe shop’s bright red neon trim comes on.
“Isn’t this beautiful?” he said, admiringnot just the wooded vale around him, butthe building taking shape beneath him.“Some of my customers said they were sur-prised to see something this beautiful inTulsa. They expected to see it in Dallas. ButI think it looks good right here.”
PHOTO BY RIP STELL
David Miller of Trinity Restoration talks about the grand opening of his new $3.5 millon paint, body and mechanical facility to be completed by June 30 in Tulsa. Miller plans on selling custom muscle cars on the Internet, as well.
Tulsa auto restorer branches into muscle car constructionOwner Miller builds national
e-company as his TrinityRestoration completes $4Mexpansion to triple revenue
