Motorcycle Sales
Startup Costs: $10,000 - $50,000
Franchises Available? Yes
Online Operation? Yes
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.
Motorcycle Sales Ideas
PediCab Service
Help tourists and locals get around in a fun fashion.
Boat Rentals
If you own a boat that sits on land more than water, consider renting it out for others to enjoy.
Valet Parking Service
Here's a classy way to park your new business in place.
More from Business Ideas
Have Great Ideas? Here's Why the Best Thing You Can Do Is Give Them Away.
Will people just steal your work?
This 24-Year-Old's Creative Side Hustle Surpassed $1 Million in Sales: 'Definitely Doing Something Right'
Content creator and actor Alyssa McKay saw the perfect opportunity to innovate.
Dry January, Anyone? He Started a Side Hustle After a 'Scary' Night of Drinking — and It's Exceeded $50 Million Revenue With 0 Outside Investment.
JW Wiseman wanted to change his relationship with alcohol.