Summary:

Total Market Size	$840 B
Average Revenue	$164 K / Month
Maximum Revenue	$325 K / Month
Average Days to Build	120 days
Average Startup Cost	$20 K

Industry Insights:

Starting an aftermarket car parts business offers a promising opportunity for car enthusiasts who aspire to manage their own ventures. This concept revolves around selling aftermarket components—replacement or upgrade parts not manufactured by the original vehicle producer. These products are commonly used for repairs or vehicle enhancements and come in various brands and styles.

To succeed in this industry, a comprehensive understanding of the automotive sector and the variety of available parts is essential. Additionally, a well-thought-out business plan that includes a marketing approach and financial strategy is crucial. Initial investments may include acquiring inventory, securing storage space, and establishing a website or online store for sales.

Operating an aftermarket car parts business presents several advantages. A significant benefit is the potential for high profit margins, as vehicle owners are often willing to pay extra for premium-quality components. This type of business can be operated from diverse settings, such as a physical retail space or an e-commerce platform.

For individuals passionate about cars and eager to manage their own enterprise, this business model offers an excellent opportunity. By leveraging industry knowledge, careful planning, and strategic marketing, you can create a thriving and lucrative business in this dynamic field.

Revenue & Profitability

How mush do aftermarket car parts businesses make?

Revenue Benchmarks: Successful aftermarket car parts businesses report average annual revenues of approximately $1.96 million, with monthly earnings ranging from $45,000 to $325,000.

Profitability: Notably, 100% of these businesses report being profitable.

Startup Costs

How much does it cost to start an aftermarket car parts business?

• It can cost as low as $4,998 to start an aftermarket car parts business.
• It can cost as high as $75,000 to start an aftermarket car parts business.

Examples of Successfull Aftermarket Car Parts Businesses

Successful aftermarket car parts business businesses and case studies

• Scrubblade Inc. ($3.9M/year)
• Jakt ($3.6M/year)
• Empyre Off-Road ($1.2M/year)
• AVTOPRO ($540K/year)
• Adrenaline Offroad ($540K/year)