Is motor spare parts business profitable?

Is motor spare parts business profitable?

Car spare parts business is highly profitable in Nigeria. You need to get a good location for your business. The sustainability of this business is to sell quality products in your shop every time.

How can I start motor part business in Nigeria?

A guide to start your own auto spare parts business in Nigeria

  1. Research and talk to experienced dealers. This is the first step to starting any kind of business.
  2. Pick your brand(s) In the auto spare parts business, you really can’t be a jack of all trades.
  3. Pick a location.
  4. Market your store.

Is selling car parts a good business?

If you’re a small business owner planning on selling auto parts online, the automotive aftermarket is a good place to start. The aftermarket industry is expected to gross $1.4 trillion by 2024, according to Global Market Insights, Inc.

How much does it cost to open a auto parts store?

Cost to Start an Automotive Franchise With most automotive franchises, budget anywhere from $20,000 to $50,000. Auto maintenance and repair shops usually have an initial franchise fee of $20,000 to $30,000. Tire stores often range from $25,000 to $30,000.

Is there a car spare parts business in Nigeria?

A lot of people demand this and they are willing to buy car spare parts especially when they are stranded on the way. There is a large market for car spare parts business in Nigeria, and the business can be sited anywhere in the country.

Which is the best motor parts dealer in Nigeria?

Okwutex Motor Parts is a motor vehicle dealer that sales and supplies all new and tokumbo motor parts such as full lights, plug wire, kick starter and others. Tokums.com.ng supply of quality new and used parts for all your automobile needs.

Where can I buy Hyundai spare parts in Nigeria?

Hyundai Motors Nigeria Limited offers supply and sales of Hyundai auto-spare parts of all models. Plot 1121, Cad. B18, Sector Centre D, Oladipo Diya Road, Gudu, Abuja FCT Nigeria Jahmech Development Company is a subsidiary of Bosch Nigeria with services in diagnostic, auto spare part and accessories sales.

How to start car spare parts selling business?

The choice of warehouse or shop will depend on your choice. To communicate with the people electronically, you need active accounts on the social media such as Facebook, Tweeters, and Instagram. Tell people about what you are doing on the social media.

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