Business Idea: Start An Aftermarket Car Parts Business in 2024
The aftermarket car parts business is a lucrative opportunity for aspiring entrepreneurs with a passion for cars and a desire to run their own businesses. This business idea involves selling aftermarket car parts, spare parts that the original vehicle manufacturer does not manufacture. These parts are typically used to repair or upgrade vehicles and can be found in various styles and brands.
To run an aftermarket car parts business, you will need to have a solid understanding of the car industry and the available types of parts. You will also need a good business plan, including a marketing strategy and a financial plan. You may need to invest in inventory, storage space, and a website or online store to sell your products.
There are several benefits to running an aftermarket car parts business. One of the biggest benefits is the potential for high profits, as car owners are often willing to pay a premium for quality aftermarket parts. This type of business can be run from various locations, including a physical storefront or online.
If you have a passion for cars and a desire to run your own business, the aftermarket car parts business may be the perfect opportunity. With the proper knowledge, planning, and marketing strategy, you can build a successful and profitable business in this exciting industry.
Revenue & Profitability
How much do aftermarket car parts businesses make?
- On average, successful aftermarket car parts businesses report $1.96M/year in revenue.
- 100% of aftermarket car parts businesses report being profitable.
Startup Costs
How much does it cost to start an aftermarket car parts business?
- It can cost as low as $4,998 to start an aftermarket car parts business.
- It can cost as high as $75,000 to start an aftermarket car parts business.
Learn more about the costs of an aftermarket car parts business.
Examples Of Successful Aftermarket Car Parts Businesses
Successful aftermarket car parts business businesses and case studies
Scrubbleblade is a windshield wiper company that sells #1 in the H.D. trucking industry and was awarded wiper blade of the year by Frost & Sullivan in 2018; they focus on a specific target customer while offering subscriptions and utilizing social media.
Jakt, a digital product and innovation studio based in NYC, works with both startups and large enterprises, operating on a revenue of $4 million in 2018 with a 20% profit margin, with focus on referrals and channel partnerships to attract and retain clients.
See full list of successful aftermarket car parts businesses.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
