It is now the fastest growing sport in the USA. A recent survey indicates that overpeople have competed in organized motorsport events with even more people who have "souped" up their cars but have yet to compete in organized events.
Additionally, TV coverage for motorsports has increased dramatically helping fuel growth.
The Organization Southeast Racing Parts is founded on the idea that maintaining satisfied customers is essential to the financial health of the organization. To maintain a presence within the racing community and close relationships to customers, Southeast Racing Parts will be an active member of the local racing scene through participation and sponsorship.
Products, Services, and Delivery SRP will be both a brick and mortar company serving the local community as well as offering a catalog with a mail order service. The catalog will be a four-color edition and subsequent editions will be analyzed to determine the cost effectiveness of publishing in this format.
SRP will offer engine and chassis parts for a wide variety of cars. Safety equipment and set up equipment will also be offered. All of the popular name brands will be offered in addition to an array of generic label parts.
SRP will offer coil rating services as well as scaling services for race cars. Financials Southeast Racing Parts will be profitable from month one.
Margins are forecasted to be respectable. Southeast Racing Parts is an exciting opportunity that combines a customer-centric organization with an explosive industry.
Motorsports is becoming increasingly popular in the United States with more and more people becoming active participants. Even for those who are not true participants, it is now "cool" to have your car "tweaked out" even just for aesthetics. An investment in Southeast Racing Parts is a high growth, reasonable risk opportunity.
To maintain a solid growth rate per year for the first five years. We wish to establish a successful partnership with our customers, our employees, and our suppliers that respects the interests and goals of each party.
Improving on what is available and providing new products and services to the areas of need will help ensure our success in a market driven by consumer demand. Success will ultimately be measured by our customers choosing us because of their belief in our ability to meet or exceed their expectations of price, service, and selection.
Be an active member of the racing community; i. Deliver our products promptly. Want to get the complete plan? Customize this business plan or create your own with Business Plan Pro software. Edit with Standard Edition "Takes the guesswork out of writing a business plan.Lastly, if you have successfully established your own auto spare parts store, as part of growing the business, you can consider opening and online auto spare parts store.
With online auto spare parts store, you will have a wider reach. May 14, · To start a used auto parts business, develop a thorough business plan that outlines your budget, inventory, marketing strategies, and the areas you plan to specialize in.
Choose a good location for your business and obtain any licenses, permits, and insurance required by law to sell to the public%(24). Starting an Auto Parts Business. 67 comments; 1 expert advice; 34, views; If you want to start an auto parts business, you will need a business plan and a place where you can sell the items.
You can purchase auto parts from licensed suppliers online to make room for larger profits. Auto Parts Store Business Plan. This is an auto parts store sample business plan for racing parts retailer SouthEast Racing Parts.
This is a small business based in North Carolina, which aims to give high quality, personalized service to all its customers. Southeast Racing auto parts store business plan company summary. Southeast Racing Parts is a start-up company which provides entry-level oval track racers with affordable products and quality service.4/5(29).
Southeast Racing Parts (SRP) is a small, North Carolina-based automobile racing parts brick and mortar and mail order organization.
SRP will remain small in order to offer unprecedented customer attention.4/5(29).