Auto spare parts business can be a great way of getting off the labor market, making so much money and be happy for the rest of your life. You stand a chance of making it big in this line of trade. The need for auto parts is constantly growing, especially in Lagos, Abuja and Port Harcourt and other major cities in Nigeria.
As long as car enthusiasts love to maintain their cars, this business will always be in vogue. I will be sharing with you practical ways on how to go about establishing your auto part business in Nigeria.
1. Develop Your Business Plan
A business plan is necessary to earn yourself success in this business. Your business plan must involve your needed capital and possible return on investment. It should show your marketing process and your legal structure.
SEE ALSO: How To Start Motorcycle Spare Parts Business In Nigeria
2. Find A Suitable Location
If you are in Lagos, Auto parts market at Trade Fair might be a better location. You can as well locate your business in the heart of the city, where there are more vehicles and traffic. Invest in your business place. Give it a great uplift. Do business differently. Put up a nice sign over your location.
3. Get All Necessary Permits
In some states in Nigeria, you might be required to get a permit, either from the state or your local government. You should also belong to associations of auto-parts sellers, if there are any around your location. Protect your business from unnecessary penalties.
4. Seek A Good Supplier
Visit importers at Auto-parts in Lagos. Compare prices and quality of products. Develop a good relationship with a viable supplier. After some visit to the market, you can ask your supplier to waybill your next purchases.
5. Connect With Customers
Reach out to all vehicle owners you know in your neighborhood. Friends and families are also worthy prospects in the beginning. Advertise, go on the radio, if possible, on local newspapers. Tell everyone who cares to listen. Print flyers that contain your business name, phone number, email and other contact details.
Really amazing information about auto-parts business. I also deal in auto parts, my business is small but I make enough to live happily. Doing business of used auto parts is not that hard, all you need a supplier at decent price range. As I’ve found for me, it supplies all the parts I need. So if you’re thinking about getting car parts you can check out this place.
Hi Derek, happy to hear from a dealer. Have been thinking about starting an auto parts business, must I go and learn the trade somewhere as an apprentice before starting my own business. if yes, please how can you be of help. Thanks
I am interested in auto parts business but I don’t know how to start it. I need assistant help from you sir. I am from Ebonyi state in Ikwo local government area
Hello Derek, please may i get the name of your car parts supplier? I am interested.
Hello,
I am starting a new vendor in sparepart from Canada. I am looking for retailers i can supply too at a good price. The parts are of high quality compared to European parts.
Any contact in the Nigerian autopart world would be appreciated.
I can also work with new business starters
am from Nigeria I really Interest in auto parts seller can you help, thanks.
Hello Kelly,
I am starting out in the retailing of spare parts in Lagos and will like to discuss possibilities in the business.
Pls am also interested in auto parts business, how much capital is needed to start the business at minimum. Am frm enugu state living in enugu
I’m interesting in auto parts, can I get address of dealer to supply me at low range. How much do I need to start the business
Hello john, i am a motocycle spare parts dealler in nnewi. i can supply you with any amount your money can buy… you can locate me at zone 8. shop 181, new machine parts, Nnewi telephone is 07061266657
am from Nigeria I really interest in auto parts seller can you help me. please thanks.
Good Day Kelly,
Am a starter but interested in these line of business and capital is not a problem. Please can I have your contact.
Hi bro pls am over 32 and i want to also go into auto spare parts business, can i start without learning from someone?whats the start up capital and where can one get a good supplier?
i want to start auto spare part business can i get supply dealer
Hi Gents
We are manufacturer of truck spare parts please contact me so we can supply you. Tel 0090 532 564 4137
good pm,I am a dealer in car parts in Nnewi(both Japanese and American cars)
we deliver goods to all parts of Nigeria
Tel no:08068868885
This is amazing, I am interested in autopart business but I need more advice and education to get started