The more specialized you become the more you can charge. You can start this business right from your home and it does not require much startup capital. . As a result, smart importers obtain reasonably used spare parts that are still useable for free or next to nothing. Peterson Auto Nigeria, Jide Jones, Home of Japan (NIG) Limited and others. They are cheap but do not last. When you have your own motorcycle ready to go, you can become an instructor for new bike owners who may not have the time to take a general training course. I restocked the shop about five months ago after seeing that the trade was booming, he recounted. Your phone just might ring off the hook. 5 Star Reviews. Some delivery companies contract motorcycle owners to help them deliver their products. It should show your marketing process and your legal structure. There is a pressing need to overcome this obstacle, particularly while traveling. Read also: Motorcycle business ideas in Kenya. The trick lies in being able to fix up your bikes properly. Decide which parts will be in greatest demand during the normal course of operating your motorcycle parts business. GETOBDTOOL. And you can buy mailing lists that target any business or anyone who owns a particular bike and mail a few postcards and/or sales letters. 1. The venture involves selling motorcycle parts as a wholesale or retailer to motorcycle enthusiasts. To start a motorcycle storage business, you should get an apt storage space. The time has never been better to start a business that sells secondhand motorcycles, as the popularity of motorcycle riding and ownership is at an all-time high. SEE ALSO: How To Start Motorcycle Spare Parts Business In Nigeria. Aspanda Market is a leading and trusted market for car spare parts in Nigeria. You should also be flexible so you can work around the schedules of your customers. Teach them how to do it and collect the cash. It will authenticate you to motorcycle parts wholesalers and distributors as an . And as many other traders in the area, he buys his wares from businesspersons who import them from Asia, mainly China. Let us shock you. IEC standards 160W-600W fast start with voltage motorcycle parts starter motor WAVE125. This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. There are tons of bikes with good bones out there and they just need a little flipping before they are ready for the road. Trustpilot. There are so many counterfeit spare parts in the market that it is hard to avoid them. Some ways you can gain revenue from the event is to sell trade show booth space. You can start by partnering with a reputable car spare parts mega dealer and grow from there before importing your own spare parts from overseas. You can probably even use this as an excuse to travel and write off the expenses, by listing your services as a tour guide. You will need to drive sales by marketing your business. Achieve your business funding goals with a proven plan format. The majority of the spare parts are imported from the United States and European countries such as Germany, Belgium, Denmark, the Netherlands, and others. I am interested in openning a motorparts business this january. Build an Inventory. There are thousands of motorcycles in the capital and more are being acquired. Phone no is 0706 456 9533. 8 Lorkis Errand Enterprises. There will be no problem after you have gained faith in them. TradeFord.com is a growing Manufacturer Directory and B2B Marketplace connecting Global Motorcycle Parts Importers, Exporters, Suppliers, Traders and Manufacturers at a reliable, common platform. The company offers an extensive range of high quality home and office furniture at competitive prices One of the largest automobile distributors in the Gulf and the Authorised Distributor of Nissan in Dubai. Another motorcycle related business one can start is to become a motorcycle business consultant. Each one of them needs a spare part. Motorcycle owners do not just buy machines, they also buy everything that goes with the biking life. Due to the flexibility of motorcycle (boda boda) transport, Kenyans opt to use motorcycles for short errands. Image: Cake. We all have our various passions, and for some people they love that feel of racing off down the road or hills on their motorcycles with the wind on their faces. Ayos December 6, 2016 at 7:45 PM. Tags: Nigeria Auto Spare Parts Buyers Nigeria Business Buyers. Motorcycle spare part business is fast gaining ground in Africa and Asia. Go for spare parts that sell fast and are in demand. This may cost about Ksh.4,000. There will be periods of profit and loss in every firm. Nigeria Motorcycle Parts Buyers Directory provides list of Nigeria Motorcycle Parts importers, buyers and purchasers who wanted to import motorcycle parts in Nigeria. Maintain a positive relationship with your clients. It will depend on your business' size and location. Every day, a large number of cars are damaged in Nigeria due to poor road conditions. Transmission Repair 1 . We have looked at how you can use your artistic side, to set up a bike related business; but what if you are more technically minded? That is a staggering number of vehicles and the figure keeps growing. The government of the day won't allow you to operate smoothly without proper licensing. Put a motorcycle tour together and then invite people to come for a price. As a motorcycle travel agent, you would put together motorcycle trip packages and sell them to your clients. People are always going to need someone to help take care of their machines, and you can be on hand to do so. In the capital Nairobi, a survey on the main backstreets of the capital namely Kirinyaga and River roads indicated that there are as many motorcycle spare parts shops as there are mobile transfer service shops. Host your own motorcycle show for either motorcycle dealers, bike builders, home built bike owners, or owners of bikes of a particular brand etc. The objectives of Recycled Riding Dreams are: The mission of Recycled Riding Dreams is to become the primary resource forused motorcycle parts in Montclair. Found . The venture involves selling motorcycle parts as a wholesale or . We supply any quantity of howo spare parts to companies , hgv scrab catalytic converters trading and a very edible payment style. www.threewheelerspares.com. If you have some storage space and you can work on bikes, you have the recipe for full time or part time profits. Sportbike Warehouse. Com Zone 6 No 187 new motorcycle spare parts Nnewi, Nnewi, Nigeria. Goodyear Tires are gaining increasing popularity in the African automotive market. ASABA. How to start catfish farming business in Nigeria, How to start egg supply business in Nigeria, 10 Most lucrative business ideas in Kenya (2023), A-Z of starting a mini importation business in Nigeria. You can deal in motorcycles that are an MOT failure, non-starters, non-roadworthy, crashed or damaged, third party only, insurance write off or intact just gathering dust in the garage or garden. A business plan is necessary to earn yourself success in this business. All organizations; All cities . According to Njeru, the much sought spare parts are tyres and brakes. Exceeding the customers expectation for quality, timeliness and price. Motorcycles in Kenya, as in many other African countries, are mainly used in public transport where they ferry people for short distances in both urban and . You can start there or buy more motorcycles and start your own courier service. Capture the majority of the used motorcycle business in theMontclair. After you have gotten the business, you need to improve it to make it better than the last one. Third Fiscal Year-: $750,000. TVS, Honda, CG125, CD1. You can buy such bikes, fix their problems or buy the missing parts and resell them at a higher price. You can make use of the following strategies to sustain your business: Snap your product with a good camera to convince your customers that the goods are available. Apprenticeship and start of business In order to start a car spare parts business in Nigeria, youll need some knowledge. The job of a bike spare parts trader involves selling either new or used parts. There are many unions and association regarding spare parts dealership. You can also build a social media account to promote your products and services to others. Take it to the next level and get certified by MMI or similar institutions, or specialize. Depending on the products you buy, you willneed between N5m and N12m to fill a 40-foot container. As the fulcrum of the motorcycle and help the motorcycle to run. Your business plan must involve your needed capital and possible return on investment. items and true Japaense quality & service. This category only includes cookies that ensures basic functionalities and security features of the website. Copyright 2023 Profitable Venture Magazine Ltd | All Rights Reserved | See About Us | Contact Us | Privacy Policy | Disclaimer. You can promote your product by displaying automobile spare parts both inside and outside your shop. Wabsod auto link co 2232486. Recognize your clients preferences. The internet has free tutorials on how to start a website and all the information you need on bikes. You can send samples of your work and give a discount for first time customers. Motor spare parts business in philippines. Photos (2) (3) (4), Gtbank Profit Before Tax Hits N215.6bn In 2018 / Starting And Running A Hair Salon In Lagos, Nigeria / MMM Is Fraud: Watch Graphic Analysis, Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10). motorcycle gear/clothing. Spend a significant amount of effort (about 75% of your time) developing your customer relationship. . If you can fix bikes you can really make good profit. Bernard Moseti, another motorcycle spare parts dealer in Nairobi noted that the business is lucrative. Over the past ten years, biking has developed an entirely new customer base among baby boomer men, ages 40 to 65. Contact exporters in Dubai dealing in tyres, tubes and batteries. Do you want to start a motorcycle business but want to go niche and be unique? Shipped from abroad. MacGee trucks & equipment is located in the heartbeat of the oil rich city of delta state. We recommend using LivePlan as the easiest way to create graphs for your own business plan. THIS WILL PUSH IT UP THE GDP RANKINGS TO BECOME THE 14TH LARGEST ECONOMY IN . As a result, be ready for both. These complications are greatly reduced when you are zipping around town on your handy motorcycle. Other perks of running a motorcycle business are that motorbikes are cheaper to repair and maintain than a car, truck, or van. See All Brands. Prices of goods in his shop range from between US$0.59 US$150. Home Business ideas Automotive Industry. You can work from your home or work from a fixed location. We are known for selling quality and value for money earth moving machinery, parts and power generation equipment. A motorcycle dealership is simply a store that sells different brands of motorcycles. Try to get recommendations from mechanics and other retailers before stocking your store so you dont make mistakes. A spacious room will cost around Ksh 10,000 every month. Based on the discussion and findings from the analysis o f this study, f ollowing . An experienced writer who loves reading and has an interest in Startups. FCK ENTERPRISE NIG AW7/14 New Motor Spare Parts, Agbo . Crafting a specific business plan is a must for starting this business. Don't know your target market? we deal in industrial parts such as bearings, gasket, chains, forklift spares, Welcome to ALABA MONEY. The profits in the spare parts business runs into millions in Nigeria so this is a major reason why the profits are also high. Once you have identified a market gap, you need to know the common motorcycle models. Feb 06, 2023 (The Expresswire) -- Motorcycle Metal Spare Parts Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at. 1. Also read: How to start car repair business.. Tyres, tubes and batteries. Beating the competition in the motorcycle business may be difficult for a new startup, so an alternative way to get into the business is to buy an established business. Any biker with a motorcycle from such a brand will look for your services. Find the ones in your area and join them to avoid undue harassment. One way to find vintage bike owners is to do a search for forums and websites on particular bikes you are interested in. My Videos. Starting a motorcycle dealership is quite tasking as there are a lot of things to look into. Before launching your own business, you must have a thorough understanding of specifications as well as some prior expertise in the sector. Home of Japan ( NIG ) Limited and others PUSH it up GDP. Are still useable for free or next to nothing the flexibility of motorcycle ( boda )! 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