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Thats a very good idea if you have big enough workshop. There used to be a boutique shop round the corner from my work they had plenty of staff for customer service but only one mechanic and they would offer high end custom wheels but sub that out to a couple of well known specialist wheelbuilders. A mate of mine is currently the only mechanic in a new e-bike shop and thats the same setup with 3-4 guys serving customers and no one able to do wheels and limited workshop capacity. So if you can offer something others can't there's no reason they can't sub it out to you. Also if there's something that you'd like to offer customers like custom wheel builds or bike fits and don't have the space, money, expertise to do it properly that doesn't mean you have to say we only do this. Lots of specialist places are just that so everyone stands to gain rather than lose out from linking businesses. It's more like one reinforces the other than acting as competition as your both primarily existing in different areas of the same market.
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Retro_Bastard
You could even become a sub-contractor for more exclusive shops that don't have space for more than 1 or 2 mechanics. Automotive industry style, dealerships don't often do their own paint or bodywork, they send the cars to a reliable place that can turn around a car in 24 hours.