Tyres, air conditioning units and parts, and other related things are big businesses by themselves. Mega Wheel Industry Limited, C.N.Honda, Joevita Nigeria Limited and others. If you have the skills to repair bikes, you can start a repair service and earn from your skills. Read also: Motorcycle business ideas in Kenya. If you have enough savings or can access a small loan, you can start a biker shop and sell jewelry to both men and women. No 2, Olushola Complex, NW 3/6, Idikan street, Feleye, Ibadan, Oyo State, Nigeria. Like any business, selling bikes mandates obtaining permits and selecting the ideal floor space. The company also manufactures automotive batteries.. Royal Furniture has been exporting quality furniture to many African markets from Dubai. For anyone to own and ride a motorcycle, they would need insurance, so you wouldnt lack for customers. Branding and renovation may cost around Ksh 10,000. Tags: Nigeria Auto Spare Parts Buyers Nigeria Business Buyers. However, some come from outside Nairobi because our prices are lower, said Njeru, who added that he also deals with motorcycle mechanics and spare parts retailers. Buy motorcycles Spare parts,motorcycles parts,bike parts,bike Spare pa, Automobiles, Kenya Posted on: Dec 16, 2022 Buyer: AstarBridge Buying Frequency: Annually Location: Kenya If yes, I am interested, We are Rocaphela ventures, dealers on all kinds of keke napep (tricycle spare parts) like tvsking spare parts and atl brands products. The best technology, vehicles, and spare parts are known to come from these countries, and there is a belief that the majority of spare parts originating from these countries are still in good condition because they are typically discarded along with vehicles that are going out of fashion due to new technology or updated design, rather than damage. The astounding number of commercial riders has opened new business opportunities in motorcycle spare parts business. If you can specialize in vintage bikes or a particular vintage brand, you will have their enthusiasts busting down your door. With proper market analysis, you can know some of the most popular motorbike models operating around your business premises. Register; Add Business; Login; Siclix Blog; Contact; Close x Member Login. You must plan for the possibility of business risk. Yes, there is such a thing as an agent that arranges motorcycle travels. Do not drive your clients away because you or your employees are unable to repair their cars. Send them a letter and/or postcard describing your skills at helping motorcycle shops get more clients and make more money. Over the past ten years, biking has developed an entirely new customer base among baby boomer men, ages 40 to 65. The profits in the spare parts business runs into millions in Nigeria so this is a major reason why the profits are also high. 26 Best Classic Cars Business ideas & Opportunities for 2023, How to Start a Pilot Car Business in 20 Steps, How to Start a Body Shop Company Sample Business Plan Template, How to Start an Electric Car Charging Station Sample Business Plan Template, How to Start a Powder Coating Company Sample Business Plan Template, How to Start a Boat Rental Company Sample Business Plan Template, 7 Easy Steps to Make Money Buying and Selling Used Motorcycles, 50 Best Electric Car Business ideas & Opportunities for 2023, How to Start a Car Tracking Business in 19 Steps, How to Start a Wrecker Services Company in 17 Steps. The keys to success for Recycled Riding Dreams are: 2023 Palo Alto Software. If so, you can make a few bucks from starting this up as a business. Motorcycle insurance provides financial protection in the event of a motorcycle accident, loss, theft or damage. Iniobong Leroi Umoh is a storyteller, techie, and content writer with MakeMoney.ng. I have always been maintaining a good standing on zidisha because and I promise never to let you all down. Below are the sales projections for Freeway Auto Parts Stores, LLC it is based on the location of our business and other factors as it relates to auto parts retail stores start - ups in the United States; First Fiscal Year-: $250,000. This is the County Council Single Business Permit which may cost about Ksh.5,000 for a small business. Buy an undervalued one or get the price down on one that is for sale. These complications are greatly reduced when you are zipping around town on your handy motorcycle. Depending on the products you buy, you willneed between N5m and N12m to fill a 40-foot container. Call Us 0151 345 7810 Mon - Fri 9:00-17:00 - Sat 09:30-13:30. A motorcycle safety course is designed for new drivers or as a refresher course for those that may not have ridden in a while. Nkwo Nnewi New Motorcycle Spare Parts Market in the city Nnewi by the address motorcycles spare parts, Nkwo St, 435101, Nnewi, Nigeria. Go for spare parts that sell fast and are in demand. The business continues to run as long as you or any of your family members are still active. He is enthusiastic about Tech, Finance, and Research. Apart from creating a blueprint, the business plan helps to identify the goal and the ways of achieving that goal. Based on the discussion and findings from the analysis o f this study, f ollowing . . One way to find vintage bike owners is to do a search for forums and websites on particular bikes you are interested in. Motorcycle customs brokers handle all import requirements. Start your own motorcycle shop business plan. Every day, a large number of cars are damaged in Nigeria due to poor road conditions. Just compile the information and build a website. This warehouse must be protected so that no thief may gain access to it. Nigeria; . As a result, smart importers obtain reasonably used spare parts that are still useable for free or next to nothing. * A sign saying what your business is that people can see as they pass by. Those motorbikes get spoiled at some point. 4. Host your own motorcycle show for either motorcycle dealers, bike builders, home built bike owners, or owners of bikes of a particular brand etc. It is mandatory to procure user consent prior to running these cookies on your website. The need for car components is always increasing, especially in Nigerias main cities such as Lagos, Abuja, and Port Harcourt. People are always going to need someone to help take care of their machines, and you can be on hand to do so. Re: Spare Parts Business In Nigeria by 1forall: 1:33pm On Jun 18, 2013. luciano72: hope you mean motor spar parts . For a fee, you can train bikers to assemble their own motorcycles or fix minor problems. The profit potential for this type of business is great, providing the used motorcycles can be purchased for considerably less than their retail value. IBUZA. Operating on the retail end of the business requires a reputable wholesaler or manufacturer. The business can also be operated from a small rental location, or partnered with an existing automobile dealer that does not sell motorcycles. Aspanda Market is also known as 'The Car Spare Parts Market' in Lagos, Nigeria. This will benefit your business since your customers will want to repair the spare part of the car they purchased from you, providing you with another source of revenue. Make sure you sell them high-quality auto spare parts so they have no reason to complain about your goods. (adsbygoogle = window.adsbygoogle || []).push({}); A business plan is important to guide you through your business's growth. Places to check for bikes for sales are Craigslist, Ebay, and trade journals. Maintain a positive relationship with your clients. Kenyas sizeable middle class, progressive business environment, regional market access and history of automotive assembly positions the country well as a potential East African automotive hub. Njeru has stocked the shop with spare parts to the brim leaving a little space for him to maneuvere around and serve customers. Include rest areas with food and entertainment to entice your customers. Oyo. Recognize your clients preferences. Get this complete sample business plan as a free text document. Take it to the next level and get certified by MMI or similar institutions, or specialize. Motorcycle Parts Importers in Nigeria. You should also be flexible so you can work around the schedules of your customers. In Nigeria, the car spare parts industry is quite profitable. (function() { However, if youll be storing multiple motorcycles, you may want to look into a larger unit, such as a 1010 or 1015. Teach them how to do it and collect the cash. See All Brands. There are so many counterfeit spare parts in the market that it is hard to avoid them. Market your Motorcycle Spare Parts Business. There are many unions and association regarding spare parts dealership. The company seeks buyers of cosmetics in Africa. Our office is at zone 10, shop 113, nkwo nnewi, nnewi, anambra. Providing useful information, the address, phone numbers, web addresses and email addresses of the local business you are searching for. A motorcycle sales business can be operated from home providing the proper zoning requirements have been met. Tyres, tubes and batteries. You need to hire staff with working knowledge of motorcycles. And soon, they need new spare parts depending on the degree of damage to the existing ones, and they will also require someone to fix the new or repair the old damaged part. Before launching your own business, you must have a thorough understanding of specifications as well as some prior expertise in the sector. KSh 10,338 - KSh 13,954. To succeed in the spare parts business, entrepreneurs must understand the needs in . 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. The city hasseven motorcycle organizations and sponsors an annual cycling event as part of the citys spring celebration. This capital will cover both shop or warehouse rents as well as stock. we deal in industrial parts such as bearings, gasket, chains, forklift spares, Welcome to ALABA MONEY. Bike builders and bike owners love to have their bikes airbrushed, so if you are good at it all you have to do is a little marketing to dealers, bike builders, and bike owners and youll get your business on track in no time. Honda has teamed up with Megh Cushion Industries Ltd, a manufacturer of automotive products, to source and manufacture motorcycle spare parts to meet the rising demand for motorcycle parts in East Africa region. Second Fiscal Year-: $450,000. motorcycle helmets. Capture the majority of the used motorcycle business in theMontclair. This can be either in the outskirts of major towns or in the heart of major towns. You will need to drive sales by marketing your business. If you do not have the skills to repair bikes, you can stock motorcycle spare parts on a wholesale basis while distributing to retailers. var hs = document.createElement('script'); hs.type = 'text/javascript'; hs.async = true; All rights reserved. To persuade your buyers that the things they want are available, photograph your merchandise with an excellent camera. To many African markets from Dubai or fix minor problems quality Furniture to many markets... 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