Business Idea: Start An Auto Parts Shop in 2024
If you want to start a retail business in the automobile industry, consider an auto parts business.
The auto parts business is one of the most successful businesses in the world. There are many Auto Parts Businesses in the United States, Canada, and the UK, where most are part-time.
Listed are the steps on how to start an auto parts shop business.
- Pick a location
- Do your market research
- Secure all permits and licenses
- Open a bank account for business transactions
Revenue & Profitability
How much do auto parts shops make?
- On average, successful auto parts shops report $4.5M/year in revenue.
- 100% of auto parts shops report being profitable.
Startup Costs
How much does it cost to start an auto parts shop?
- It can cost as low as $10,000 to start an auto parts shop.
- It can cost as high as $10,000,000 to start an auto parts shop.
Learn more about the costs of an auto parts shop.
Examples Of Successful Auto Parts Shops
Successful auto parts shop businesses and case studies
Elaphe Propulsion Technologies has revolutionized the electric vehicle industry with their in-wheel electric motor technology that can accelerate a vehicle from 0 to 100km/h in just three seconds, enabling carmakers to design truly user and mission-focused cars and work with all of the key traditional and new carmakers.
TAB Performance doubles annual sales with introduction of Zombie baffle, from manufacturing Harley-Davidson motorcycle exhausts, with founders attributing growth to constant evolution and listening to customers.
See full list of successful auto parts shops.
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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.
