5 Aftermarket Car Parts Business Success Stories [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.
In this list, you'll find real-world aftermarket car parts business success stories and very profitable examples of starting a aftermarket car parts business that makes money.
1. Scrubblade Inc. ($3.9M/year)
Billy Westbrook, the founder of Scrubblade, came up with the idea for his business when a bug hit his windshield and he couldn't remove the smear with regular wiper blades. He sketched out the design for Scrubblade the next morning and eventually got a prototype made. Through personal connections and networking, he secured an investor and launched the business, focusing on the HD trucking industry. Scrubblade is now the #1 blade sold at retail in that industry.
How much money it makes: $3.9M/year
How much did it cost to start: $75K
How many people on the team: 6
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.
2. Jakt ($3.6M/year)
Anthony Tumbiolo, founder of Jakt, started the business after running an events business and teaching himself how to code in college. He realized he loved helping other businesses succeed and saw the potential to impact many people by creating software for them. Jakt started with a six-month contract from their first client, and they have since grown their business through referrals and strategic channel partnerships. In 2018, they achieved $4 million in revenue with a 20% profit margin.
How much money it makes: $3.6M/year
How many people on the team: 15
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.
3. Empyre Off-Road ($1.2M/year)
Greg Shuey came up with the idea for Empyre Off-Road after purchasing his first Toyota Tacoma and realizing how expensive the aftermarket parts and accessories were. Through research and validation on Tacoma forums, he identified a gap in the market and decided to manufacture and sell his own aluminum grille inserts at a significantly cheaper price than competitors. By utilizing his marketing expertise, Greg was able to grow his business to generate an impressive $100,000 a month in revenue, attracting customers through content marketing strategies and building a strong online presence.
How much money it makes: $1.2M/year
How much did it cost to start: $5K
How many people on the team: 2
Empyre Off-Road, an e-commerce business founded by Greg Shuey which sells aftermarket parts for Toyota Tacomas, Tundras, and 4Runners, generated approximately $100,000 a month in revenue and was able to expand its product offering, focusing on content marketing, email marketing campaigns, and organic social media to attract and retain customers.
4. AVTOPRO ($540K/year)
In a communal apartment in Odessa, Evgeny Alyanchikov and friends turned their classic web studio into a major marketplace, Avto.pro. By 2021, over 5,000 stores in Ukraine sold automotive products worth $105 million through their platform.
How much money it makes: $540K/year
How much did it cost to start: $35K
How many people on the team: 50
Avto.pro is a leading Ukrainian marketplace for auto products that sold goods worth $105 million in 2021, with the potential to become a new Unicorn, by providing unique solutions that digitize the market, optimize logistics and trade chains, rebuilding relations between car owners and service stations, and introduce simplicity and transparency to the process for the client.
5. Adrenaline Offroad ($540K/year)
Mitchel Matthews, the 22-year-old entrepreneur behind Adrenaline Offroad, was inspired by his love for trucks and off-roading. After building up his own truck and gaining a following on YouTube, he saw an opportunity to start selling aftermarket vehicle accessories to his passionate audience. By using his own money and profits from the business, he was able to start and grow Adrenaline Offroad into a successful eCommerce store, now making 5 times the amount of money he used to make per month.
How much money it makes: $540K/year
How many people on the team: 3
This case study follows an inspiring 22-year-old entrepreneur who started an eCommerce store for aftermarket vehicle accessories, making 5x the amount of money he used to make per month, and generated over $90,000 in sales last year.
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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.
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