You asked: How much do I need to start a spare parts business in Kenya?

Also for an auto spare parts business, you will need at least Kshs 1 million to start the business. Spare parts businesses in Kenya post profits of over Sh 100,000 per month. But there are selected few that make up to Ksh 3 million per month.

How do I start a spare business in Kenya?

How to start auto spare parts business in Kenya

  1. Research. This is one of the most crucial things to do before starting a business. …
  2. Location. From doing research, you will also be able to come up with an ideal place to set up the business. …
  3. Capital. This is another most essential thing in starting a business. …
  4. Business Plan. …
  5. Source of Supply. …
  6. Legal Procedures.

24.02.2020

How do I start my own spare business?

10 Steps to Start an Automobile Spare Parts Business

  1. Choose a Profitable Automobile Spare Parts Business Idea. …
  2. Create a Business Project Plan. …
  3. Conduct the Market Research. …
  4. Understand the Industry. …
  5. Calculate the Cost of Starting an Automobile Spare Parts Shop. …
  6. Ensure a Retail Location. …
  7. Licensing & Registration Issue.
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How do I set up my spare parts shop?

How to start up a car parts shop

  1. Research your target market.
  2. Establish your customer profiles.
  3. Decide what services to offer.
  4. Decide what to sell.
  5. Selling on eBay and Amazon.
  6. Buy an existing business.

How much does it cost to start 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.

What business can I start with 20K in Kenya?

Here is a list of businesses to start with 20K in Kenya:

  • Pedicure/Manicure business. …
  • Selling Fresh fruits and Juice. …
  • Selling Women Handbags. …
  • Selling Second Hand Clothes/ Mitumba. …
  • Businesses to Start in Kenya – Selling new Shoes. …
  • Car Wash Business. …
  • A ladies Beauty Shop. …
  • Smokies and Boiled eggs business.

21.10.2020

Which business is profitable in Kenya?

Travel agency. The Travel Agency business is among the best in this list of the most profitable business in Kenya today. More and more people are interested now more than ever to discover their country as well as the neighbouring countries. Therefore, making this business idea very profitable.

How do I start a car business?

Automobile Business Ideas

  1. 1) Car Wash Business. Running a mobile car wash business is a smart way to make a lot of money without taking much risk of capital investment. …
  2. 2) Trucking Business. …
  3. 3) Tire Store Retail Business.
  4. 4) Food Truck. …
  5. 5) Battery Reconditioning Business. …
  6. 6) Exporting Automobile Parts. …
  7. 7) Auto-Body Store. …
  8. 8) Tow Trucking Service.
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4.11.2020

How do I start a wholesale auto parts business?

Steps to take to open a wholesale auto parts business

  1. Have a plan. If you want to start a business, start by putting down a plan of action. …
  2. Get the suppliers. Find the automotive parts distributors and drop shippers or shops that are willing to sell closeout auto parts. …
  3. Advertising. …
  4. Tips.

25.10.2018

How do I start an auto parts store?

Generally, you must register your business and obtain a general business license. Because you are going to sell auto parts, you must file for a sales tax registration as well. If you are going to sell used auto parts, you might need to obtain a separate license, depending on your business location.

What is the profit in two wheeler spare parts?

However, the profit margins are 20-30% and spare parts business growth rates are in excess of 25% making spare parts business a strategic focus area.

What are automobile spare parts?

The different types of Auto spare parts are:

  • Auto Electrical Parts. Starters, Armatures, Commutators, Field Coils, …
  • Nuts & Bolts. Hub Bolts, T- Bolts, Washers, Nuts, …
  • Transmission Parts. Gears, Tie-Rod Ends, Ball Joints, U-J Cross.
  • Brake Parts & Rubber Components. Brake Hoses, Fuel Lines, Engine Mountings, Supports,

1.03.2012

What car parts sell the most?

The Top 10 Car Parts and Accessories That Sell Online

  • Wheels. Part Type: 560. Average Transaction: $78.49.
  • Side View Mirrors. Part Type: 128. Average Transaction: $72.04.
  • Tail Lamps. Part Type: 166. …
  • Speedometer Head (or cluster) Part Type: 257. …
  • Alternator. Part Type: 601. …
  • Power Steering Pump/Motor. Part Type: 553. …
  • Engine/Motor Control Module. Part Type: 590. …
  • AC Compressor. Part Type: 682.
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3.12.2015

How much does a NAPA store owner make?

NAPA Auto Parts Salary FAQs

How does the salary as a Owner Operator at NAPA Auto Parts compare with the base salary range for this job? The national average salary for a Owner Operator is $72,942 in United States, which is 191247% higher than the salary offered by NAPA Auto Parts for this job.

How can I buy car parts in bulk?

Where to buy wholesale and find drop ship auto parts suppliers

  1. Amazon and eBay. — Both Amazon and eBay have become the largest online retailer for auto parts and they are getting more aggressive in the years to come. …
  2. Visit junkyards. …
  3. Supplier directories.
Hai Afrika!