Business Idea: Start A Machinery Marketplace in 2024
A machinery marketplace is a platform that enables small and medium-sized contracting businesses to be able to buy heavy machinery used in the construction, demolition, and recycling industry, direct from the manufacturer.
This industry can overlook these businesses when they approach dealers due to the smaller average deal value, and a marketplace bridges this gap to change how machines are bought and sold.
You can build this as a profitable business with a lean team and smart marketing.
Revenue & Profitability
How much do machinery marketplaces make?
Startup Costs
How much does it cost to start a machinery marketplace?
- It can cost as low as $25,000 to start a machinery marketplace.
- It can cost as high as $30,000 to start a machinery marketplace.
Learn more about the costs of a machinery marketplace.
Examples Of Successful Machinery Marketplaces
Successful machinery marketplace businesses and case studies
Machinery Partner's founder Ciaran made almost $500k in machinery sales last month targeting small to medium-sized contracting businesses in the US and aims to become the go-to digital dealership for heavy equipment, with its standout quality being accessible remotely, delivered directly from manufacturers.
French entrepreneur Thomas Bordier took over a failing B2B marketplace in 2003 which now grows the industrial machinery resale market with 300 yearly auctions and an annual $1.7 million turnover from over 25 million worldwide assets promoting offers for over 600 transactions yearly and now launching a new project, Valorexo to create better pricing for used machinery.
See full list of successful machinery marketplaces.
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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.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
