Business At A Glance
Startup Costs: $10,000 – $50,000
Online Operation? Yes
Business Overview
The time has never been better to start abusiness that sells secondhand motorcycles, as the popularity ofmotorcycle riding and ownership is at an all time high. A motorcyclesales business can be operated from home providing the proper zoningrequirements have been met. The business can also be operated from asmall rental location, or partnered with an existing automobile dealerthat does not sell motorcycles.
The profit potential for this type ofbusiness is great, providing the used motorcycles can be purchased forconsiderably less than their retail value. This can be accomplished bypracticing good research and negotiation skills. Maintaining a 30percent markup and achieving annual sales of $250,000 will result in apretax and expense income of $70,000 per year.