Business At A Glance
Startup Costs: $10,000 – $50,000
Franchises Available? No
Online Operation? Yes
Business Overview
Starting a business that specializes in usedautomotive parts is a fantastic business venture to get rolling,especially if the focus of the business is to supply hard-to-find orrare used automotive parts. The business can be operated from ahomebased garage location, or a small industrial space can be rented.The used automotive parts can be advertised for sale in traditionalmedia, such as trade-specific publications and newspapers, and byword-of-mouth referral.
The profit potential for a used automotiveparts business is fantastic, especially if the business specializes inrare or hard-to-find parts. Gross profit margins of 50 percent or moreare not uncommon in the industry. A direct-mail marketing campaigntargeted at car clubs and owners of rare cars can also be a veryeffective marketing tool.