It should show your marketing process and your legal structure. There will be periods of profit and loss in every firm. To put it another way, registering your business entails obtaining a license and other crucial documentation that will enable you to run an auto spare parts business in Nigeria. Found . Follow us on Telegram. A motorcycle breaker is one who buys crashed, damaged or non-running motorcycles and dismantle them. One way to distinguish your business is to specialize in one brand, especially the brands that other mechanics ignore. You have more flexibility in traffic, including the ability to stop just about anywhere if necessary; and the insurance for a motorcycle is typically cheaper than insurance for a car or truck. Tell people what your business is about through your branding. A spacious room will cost around Ksh 10,000 every month. Nissan (Pathfinder, Murano, Maxima, Altima, and others), BMWs, Mercedes Benz, and other luxury brands are available. When you rent a business room, you will need to renovate to meet your needs. Brands on Weekly Sale. Proper market analysis will help you identify your potential customers and how best you can help satisfy their needs. 1. Motorcycle Spare Parts comes in a diverse set of colors including Yellow, White and Silver. 72 % OFF ! You can start a small motorbike spare parts business with Ksh 300,000 startup capital. That is a staggering number of vehicles and the figure keeps growing. Some locations in Nigeria are dominated by automobiles. motorcycle gear/clothing. Together with bikes, you need to stock up on helmets, jackets, decals, and bike add-ons such as wind visors and T-shirts. If you know an area well, just market your services online and through travel agents. Create a Business Project Plan. You can work from your home or work from a fixed location. This is the County Council Single Business Permit which may cost about Ksh.5,000 for a small business. The expensive parts are motorcycle frames, most of which are made from aluminum tubes. Nairaland - Copyright 2005 - 2023 Oluwaseun Osewa. Try to get recommendations from mechanics and other retailers before stocking your store so you dont make mistakes. Nkwo Nnewi New Motorcycle Spare Parts Market . 1. motorcycle spare parts, bicycle spare parts, cylinder, piston, crankcase, crank, carburetor, gearbox, gear, variator, anthem, stator, konjektor, coil, spark plug . Spare Parts Dealer 24. GETOBDTOOL. Motor Battery. Gifts, Novelties and Promotional Material supplier. Motorcycle insurance provides financial protection in the event of a motorcycle accident, loss, theft or damage. Let TradeFord.com match your sourcing needs with suitable Motorcycle Parts suppliers, exporters and manufacturers. Motorcycle Battery. Youll need to conduct some research to figure out how to launch your business quickly and effectively. In order to start a car spare parts business in Nigeria, youll need some knowledge. 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. This sale ends in. We are into the sales of new and genuine Toyota spare parts. If so, you can make a few bucks from starting this up as a business. However, like other fast-growing sectors in East Africa, the industry has been hit with counterfeit products. Generic 90w H4 Led Mini Projector Lens Conversion Kit H4. })(); This website uses cookies to improve your experience while you navigate through the website. There are many unions and association regarding spare parts dealership. Join TradeFord.com to list your products online for Free and reach thousands of global buyers and importers. You must find a suitable site for your company. . There are many motorcycle businesses for sale. Companies in Nigeria; See All ; By continuing past this page, you agree to our . Answer (1 of 2): The costs of: * The space where you will store the parts. Anyone who has ever owned a motorcycle has probably taken a motorcycle riding and safety class. . Apart from creating a blueprint, the business plan helps to identify the goal and the ways of achieving that goal. I am interested in openning a motorparts business this january. About Press Copyright Contact us Press Copyright Contact us This will make it easier for you to figure out how to develop your own business and how to outsmart your competitors creatively. 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). Operating on the retail end of the business requires a reputable wholesaler or manufacturer. You should equally make security a priority. 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 rural areas. Nigeria Motorcycle Parts Buyers Directory provides list of Nigeria Motorcycle Parts importers, buyers and purchasers who wanted to import motorcycle parts in Nigeria. This website uses cookies to improve your experience. The profits in the spare parts business runs into millions in Nigeria so this is a major reason why the profits are also high. You should also be flexible so you can work around the schedules of your customers. Call Us 0151 345 7810 Mon - Fri 9:00-17:00 - Sat 09:30-13:30. The most common motorcycle brands available in Kenya include TVS, Boxer Bajaj, Ranger, Lion, Jingchen, Hero and Star. If youre selling them in a city, make sure your shop is on a road or somewhere where people can easily see you. See All Brands. Whats people lookup in this blog: 00. Kindly contact me at sphyk3s@gmail.com or 09776793484. When you meet the legal requirements, you can now launch your motorcycle spare parts business. Abdulmunafi Sarina Rides A Motorcycle To His Farm In Kano. You can deliver reasonable amounts of food or document-sized packages with ease. However, the bigger your capital the better, as you will enjoy the opportunity of having . Your warehouse should be climate controlled. www.threewheelerspares.com. At any time, you should be able to take on any challenge. Income Source. Don't miss a thing. 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. To identify genuine suppliers, ask people already in the business. Customers will often refer others to your business, saving you money on advertising. The majority of the spare parts are imported from the United States and European countries such as Germany, Belgium, Denmark, the Netherlands, and others. Selling new motorcycles is competitive; hence you must apply creative marketing tactics to outdo your competitors. 5711 W Novak Way, Laveen. His new boss, Romanus Onwuka traded in motorcycle spare parts and was the biggest and most successful motorcycle parts seller in their city, Nnewi then. It will also help you analyze the level of competition and identify marketing strategies to employ to win the competition. There is an incredibly diverse mix of accessories that you can consider providing. List of all motorcycle spare parts service providers in Nigeria, find their contact no, business name, email, reviews and other information on Siclix. You can also acquire capital for the business by getting a business loan from a financial institution or getting startup money from friends or relatives. The only way to ensure the long-term viability of this business is to consistently offer high-quality products in your store and maintaining a cordial relationship with your customers. +234 805 7068 072; sales@funtuagroup.com; No 2, Olushola Complex, NW 3/6, Idikan street, Feleye, Ibadan, Oyo State, Nigeria . Search more about motorcycle spare parts at Siclix. One way to find vintage bike owners is to do a search for forums and websites on particular bikes you are interested in. Feb 06, 2023 (The Expresswire) -- Motorcycle Metal Spare Parts Market Size is projected to Reach Multimillion USD by 2029, In comparison to 2022, at. OKPHNAM. KSh 6,203 - KSh 8,372. This type of business cannot be entered without prior expertise and training, regardless of how much money you have. Once you have settled the issue of loans, you have to make contact with the manufacturers of the brand of bikes you wish to sell and arrange a purchasing order. This will also include your companys administrative structure. Etc. The reason is due to popularity of the commercial motorcycle business in many countries. Like any business, selling bikes mandates obtaining permits and selecting the ideal floor space. Then obtain a federal tax ID number from your Secretary of State or an IRS representative. It will consist of classroom instruction and practical riding time to prepare you for your motorcycle license or license endorsement. Providing useful information, the address, phone numbers, web addresses and email addresses of the local business you are searching for. In 1979, Innocent returned to his brother, who promptly registered Gabros International to trade on motorcycle spare-parts. This is a short term project but if it works you might have a cash cow that returns every year. tools. Examples of motorcycle models include; Read more: How to start a tuk tuk business in Kenya. Decide which parts will be in greatest demand during the normal course of operating your motorcycle parts business. Nairaland Forum / Nairaland / General / Business / Keke Spare Parts And Motorcycle Spareparts (6433 Views), Fire Outbreak At Old Motor Spare Parts Market, Mgbuka Obosi Anambra State - Pics / Distributorship Of Tricycle(keke Napep) And Motorcycle Tyres And Tubes. Youll have to learn enough about vehicle engineering. Take it to the next level and get certified by MMI or similar institutions, or specialize. 1. Photos, Re: Keke Spare Parts And Motorcycle Spareparts, Gtbank Profit Before Tax Hits N215.6bn In 2018, Starting And Running A Hair Salon In Lagos, Nigeria. This is important because spare parts are tied to motorbike models and customers will come asking for spare parts specific to their motorcycle brands. General contractor. Selling parts is a good place to start if you cannot afford to sell fully assembled motorcycles, whether old or new. Order status. Before importing any motorcycle from overseas, you have to make sure the motorbike conforms to Environmental Protection Agency (EPA) and the Department of Transportation (DOT) standards and regulations. 40%. The city has seven motorcycle organizations and sponsors an annual cycling event as part of the city's spring celebration. 1.Buying and selling of transformers,transformer parts and transformer repairs, We import and distribute to all part of Nigeria. To start your business, youll need enough money. Buy an undervalued one or get the price down on one that is for sale. The motorcycles are dismantled to retrieve their parts. If you have the skills to repair bikes, you can start a repair service and earn from your skills. Get this complete sample business plan as a free text document. How Much Do Billionaires Spend on Security? Another motorcycle related business one can start is to become a motorcycle business consultant. 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