About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
Business At A Glance
Motorcycle Sales
Startup Costs: $10,000 - $50,000
About
Franchises Available? Yes
Online Operation? Yes
Ignite your love for motorcycles and sales with this business.
Business Overview
The time has never been better to start a business that sells secondhand motorcycles, as the popularity of motorcycle riding and ownership is at an all time high. A motorcycle sales business can be operated from home providing the proper zoning requirements have been met. The business can also be operated from a small rental location, or partnered with an existing automobile dealer that does not sell motorcycles. The profit potential for this type of business is great, providing the used motorcycles can be purchased for considerably less than their retail value. This can be accomplished by practicing good research and negotiation skills. Maintaining a 30 percent markup and achieving annual sales of $250,000 will result in a pretax and expense income of $70,000 per year.
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About Startup Costs
The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.
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About costs
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