How to open an auto parts store for foreign cars

The number of people changing to foreign cars is growing every day. Accordingly, the demand for auto parts for foreign cars increases, because not a single car is insured against breakage. The idea of ​​opening an auto parts store is very relevant. It is a stable and profitable business.

You will need

• - prepare documents;

• - find a room;

• - form an assortment.

Instruction manual

1

If you decide to do auto parts, first of all, conduct a marketing research and determine what is in greatest demand. After examining the market, identify the strengths and weaknesses of competitors. Then make a business plan.

2

The next step is the preparation of documents. You will need to register as a legal entity or an individual entrepreneur. To cooperate with large companies, you will need to open an LLC (limited liability company), to work with individuals it will be enough to become an individual entrepreneur.

3

Then you will receive documents from the prefecture of the administrative district permitting a similar type of activity and sanitary and epidemiological documents from specialized bodies of the Rospotrebnadzor.

4

When paper matters are resolved, the time will come to find a suitable store location. It can be rented or bought. The area depends on the starting capital and the range of goods. If you plan to start a business with a small store, a room of 40 square meters is suitable for you, of which 25 can be reserved for a retail space, and 15 for storage facilities.

5

After choosing a room you need to purchase equipment. You will need racks, shelving, display cases, computers and cash registers.

6

Having bought equipment, you can begin to formulate an assortment of goods. The profit of the enterprise depends on the correct choice of suppliers, so before purchasing the goods, analyze the companies with which you are going to cooperate. Examine the assortment, terms of delivery, the availability of bonuses and discounts.

7

You will need staff. Auto parts store implies the presence of a director, accountant, procurement manager, sales consultants, loader. If you have a small store, first you can combine the duties of a director and a procurement manager.

8

In addition to an ordinary store, it’s not bad to create an online store. You will need a website where an assortment of goods and prices will be presented.

9

To open an auto parts store for foreign cars, you need a starting capital of $ 40, 000. The margin, on average, will be from 30 to 100%. The average monthly store turnover can be in the range of $ 10, 000, profitability - from 30%. You can recoup a business within six months – a year.