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Can I open a car accessory store?
- The sale of spare parts for cars is a lucrative business. Because any technique will one day break down and new parts will be needed. At times like these, the parts store is very handy for people.
#Costs:
- Place rent - $ 500
- Purchase of necessary equipment - $ 4500
- Repair work - $ 1500
- For goods - $ 14000
- Organizational costs - $ 250
Total: An initial investment of $ 20750 will be required.
- With a monthly net profit of $ 1500, it will be possible to fully recoup the investment in the business in 14 months.