Please can i start a motorcycle spare parts business with 500k here in Nigeria

goldensom:
Please can i start a motorcycle spare parts business with 500k here in Nigeria

If you ask around, 500k is a very sum for even the Nwa boy that the Master settles for Okada business. Some get as little as 100k to start with and in about 2 years, they would be able to do more. So, 500k is definitely a great sum of money to start with.

Next thing to consider is the location of where you want your store to be. You need to consider if you want to be selling to end users or retailers. The location you choose to settle will help you make a better decision about whether to sell to end users or retailers.

Your next issue would be where to buy the goods at very great prices to be able to sell at great prices too. The profit in okada spare parts and motorcycle spare parts is made when you buy not when you sell. So you should look to buy from people who would not cheat you. Most people would recommend you keep your 500k in the bank and go work with a spare parts dealer for like 6 months to understand the business since you already have the money.

If you want to learn and grow at the same time, then make sure you choose a dealer that has access to all goods and their different types. This will save you the stress of haggling prices all over the place. This is the part where https://funtuagroup.com/Funtua Group can help you out with. We are a motorcycles spare part company based in Ibadan but with customers all around. If you need further help, shoot a mail to sales@funtuagroup.com or call our helpline on our https://funtuagroup.com/ Website.

Thanks so much i appreciate

We are a number 1 Importer of motorcycle and machine spare parts in Nigeria. Our office is located at Ojo Tradefair.

We do Whole sale and distribution to all areas within lagos and Nigeria at large. We also ship to all West Africa with Ease.

Retail sales are possible in store or online as we dispatch Lagos wide.

Contact us via

07080182261

Mean while, view our gallery:

We do whole sale and retail.
We import direct from China and Japan.
Best Prices are guaranteed.

Hit us up on WhatsApp via:

0708 018 2261