FWIW I bought the repair run near 6 years ago, and as I have been playing with old Pommie motorcycles for 50 years, thought it would be a doddle.
It wasn't. Very few repairs are engine based cause they are nearly all fixed jetting and governed.
Most of the repairs were wiring based.
If you are setting up a new shop, the bare minimum will suffice.
A good Vacuum / Pressure pump
A leak down tester ( can be made very cheap )
At least 2 if not more spark testers ( search this siite, Boo found some really cheap )
A test lamp with a coloured globe ( you can't see a white one in daylight )
A couple of multimeters . I find the needle ones easier to use than the digital ones and avoid the Auto range types they are a regular PIA
If you are new to engines then a ColorTune ( Gunsons make them ) but in reality you only tune carbs older hand helds.
Buy a couple of John Deer Technical manuals, the 100 series and a rear engine one .
The diagnosis proceedures are written very clearly , and better still explaned , read them cover to cover and in particular the electrical section.
Make a big pot of coffee and hook into you tube
in particular subscribe to
Donnyboy73 :- totally dead pan, sound advice lists all the tools & parts used and is correct.
Taryl Fixes All :-you can skip the first 5 minutes of all of Taryls videos if the school boy humour is not to your taste again everything he dose is done properly and in the proper light.
Joe Pace - 2 stroke diagnositcs ( from the Husqvarna tech school )
Remember it is a mower, not the space shuttle, not a NAS Car top fueler.
Watch them all , will take a few weeks.
keep a note pad with you and make notes about tools, & equipment.
Mowers are small and space it tight so 1/4" & 3/8" sockets are the go and in particular deep sockets.
And thin wrenches, spend a little extra and get some good ones, I use Stahlwhile because they are the thinnest I can find, thin width and thin around the rings, makes a big difference.
Avoid any "mechanics tool kit" most are trash & overpriced. Old tools bought from car boot/ trash & treasure sales will be better and even more so if they are not chrome plated
The one tool that is essential is a good impact wrench and the bigger the better because those blade bolts self tighten and even with the big 3/4 drive. I still have to cut 3 or 4 nuts/bolts off each season.
Of all the tools this will be the most expensive and the one you can not scrimp on.
I started with the set you get with a cheap compressor and out grew them in no time flat, bought a second one then finally bit the bullet and bough the highest torque one I could find $ 1400 and worth every cent.\
Then had to buy a bigger compressor to power it so start out with 300 cu,ft/min or better and get a good air chisel to go with it.
Finally go to
http://outdoorpowerinfo.com/ and go through all of the carb rebuilds. Bookmark it. The belt replacement section is also handy.
And just so you know I spend twice the time chasing parts than I do actually fixing mowers.
Get a tax number and open accounts with Oregon , Prime Line, Rotary & Stens, between them you should be able to get about 90% of everything you will need and 99% of what you get from them will be good enough for you to warranty your repairs and at an after market wholesale price so you can add a reasonable mark up and still come in under Amazon prices.
On the top navigation bar you will see a grey icon labled "new posts".
Every morning click on it and quickly skim through the posts.
That will give you a good idea of what to expect coming through the door.
Buy as many old non running mowers that you can afford the go through them & fix them up.
I keep a few and give them to customers when it gets busy and I am behind, quite a few of them get sold to the customers for a back up.
The time you spend fixing them is "free" and you can do things like plug up the main jet, then remove it all together , loosen the bolts to make a lean run, open out the valve lash , to teach yourself what they look & sound like, even pour some water in the plug hole & crank the engine to blow a head gasket from a hydraulic lock.