Are you crazy about cars? Put your future in your own hands with an auto parts franchise! Auto part shops supply replacement parts in a retail setting. Many car enthusiasts, shade-tree mechanics, and do-it-yourselfers look to auto parts stores to provide aftermarket products as well as repair advice and guidance. Add to that all of the parts people buy to customize and personalize their vehicles, and this is an opportunity that shows no signs of hitting the brakes!
The automotive aftermarket parts market in the U.S. is expected to reach $158 billion by 2018
SOURCE: AASA; AAIA; IHS
In 2014, the revenue of auto parts stores in the U.S. totaled to approximately $54 billion
SOURCE: Statista; IBISWorld
In 2015, consumers in the U.S. spent some $181.3 billion on auto maintenance and repair
SOURCE: BEA; St. Louis Fed
AASA; AAIA; IHS
BEA; St. Louis Fed
With an auto parts franchise you can supply necessary products to individuals, car dealerships and wholesale distributors alike including car parts like brakes, air filters, radiators, fuel pumps and more.
Many Americans are do-it-yourselfers when it comes to car repairs, making an auto parts shop an excellent choice if you're looking to start your own business. With more than 260 million used cars on the road today, and the fact that those cars will eventually need replacement parts and repairs, the market for auto parts products is vast.
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