Business Idea Center:
|
||
About Startup CostsThe 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.![]() Ignite your love for motorcycles and sales with this business. Business OverviewThe 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.Related Business IdeasRelated FranchisesEagleRider Motorcycle RentalMotorcycle, scooter, ATV & watercraft rentals & tours
Looking For More?Entrepreneur's SmallBizBooks.comGet complete step-by-step guides to starting over 50 businesses at Entrepreneur's SmallBizBooks.com. |
Start Your Business Now!
Entrepreneur's SmallBizBooks.com
Find over 50 business how-to guides at Entrepreneur's SmallBizBooks.com. Your Guide to Success |
|



Print





Entrepreneur's SmallBizBooks.com
Entrepreneur Magazine