Engine Parts Business Success Stories [2024]
Interested in a business with steady demand and technical appeal? Starting an engine parts business could be your next venture.
In simple terms, this business involves supplying engine components to automotive repair shops, dealerships, and hobbyists. You'd source parts from manufacturers and distribute them to your customers based on their specific needs.
It's a field that requires a deep understanding of engines and impeccable organization skills. The demand for engine parts is relatively stable, given that vehicles will always need maintenance and repairs. By setting up reliable supply chains and offering quality parts, you can carve out a trustworthy reputation.
Starting an engine parts business offers a way to blend technical know-how with customer service. While it necessitates research and relationship-building with suppliers and customers, there's a rewarding market waiting for dedicated entrepreneurs.
In this list, you'll find real-world engine parts business success stories and very profitable examples of starting a engine parts business that makes money.
1. Panther RV Products ($4.8M/year)
Ethan and Jacob Sweet started Panther RV Products with the guidance and financing of their father Richard Sweet, who was already running an RV repair shop. They initially sold RV parts on eBay and gradually transitioned to selling hard-to-find RV products from Europe, setting themselves apart from competitors. After years of growth, they now generate an average monthly revenue of $400K and plan to manufacture their own campervan-specific parts.
How much money it makes: $4.8M/year
How much did it cost to start: $10K
How many people on the team: 12
Panther RV Products generates an average monthly revenue of $400K by selling a variety of campervan parts to outdoor enthusiasts and small businesses outfitting cargo vans, with a focus on hard-to-find parts for campervans, while providing technical knowledge to customers that their competitors lack and using Google Ads and SEO to drive sales, and the company has plans to start manufacturing their own products for campervan customers.
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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.