Quote:
Selling automotive aftermarket parts is NOT how to get rich quick. There is very little mark-up on anything anymore...
|
Tell me about it. I run a small business selling performance parts, primarily for Mustangs (and a few bowties). While I enjoy doing it, I have to hold another job to keep up with the bills.
Neighborhood speed shops are dead and buried. The price wars between the mail-order companies killed the smaller shops. On average, a small business can only gross about 10-15% on performance parts. You pay with a credit card, the bank takes 3% off the top. By the time the bills are paid, there is very little left over.
I was tempted to come up with a buying club or something along those lines. You pay $20/month, and I would just sell the parts at whatever cost I could get. That way, people could at least save 10-15%. Or maybe just sell the stuff at cost, and charge a flat $5 service fee for processing the order.