Do you want to start a car related business in the auto / transport industry? If YES, here are 50 best automotive business ideas for 2020 to start with no money and no experience.
Since the invention of automobile, a whole lot of business opportunities have since been created around the automobile industry. And the truth is that, the industry is still opening up with a whole lot of invention. The automotive industry is indeed a very large industry; it covers the automobile, locomotive and the aviation industries. Those who have found a business in this trade know that this industry is a lucrative one by all standards.
Scientist and engineers are seriously working hard to ensure that humans enjoy the uttermost comfort and safety when it comes to making use of automobile. For instance; some cars are now built to conveniently run on electricity and some on water (steam), as against the conventional petrol / diesel powered engine. There is hardly any city in the world where you wouldn’t find automobile no matter how remote the city may be.
The business opportunities available in the automotive industry ranges from low start – up capital to capital intensive businesses. For instance; it is pretty much cheaper to start a car wash business and it is very expensive to set – up a car manufacturing / assembling plant or an airline service business. In essence there is business opportunity for everybody in the automotive industry no matter their financial status.
If you are in love with the automotive industry and are looking to start something in this line, but do not have an inkling about what it should be, then you may want to consider some business ideas here. Here are 50 business ideas in the automotive industry that an entrepreneur who is serious about making money should choose from:
50 Best Automotive & Car Related Business ideas for 2020
When it comes to starting a transportation related business, one of the easy to start businesses that readily come to mind is the taxi services business. With just a car, an entrepreneur can successfully launch is tax business. As a matter of fact with hard work and dedication, a serious minded entrepreneur can grow his taxi business from just one taxi and to fleet of taxis covering an entire city or state. Taxi business is a profitable business in the united states of America and in most countries of the world.
- Intra State Bus Shuttle Services
An Intra state bus shuttle service is yet another money-making transportation business that an entrepreneur can venture into. Intra state bus shuttle services involve transporting passengers from one part of a state / city, to another part of the state / city.
Although, in most countries of the world, intra state bus shuttle services is managed by the state government. As such, before starting this type of business, it is important to check with the appropriate authority to be sure that private own companies can go into intra state bus shuttle services.
- Cross – Country Bus Shuttle Services
In Africa and in most continents of the world, there are transport companies that are specialized in cross – country bus shuttle services. Cross – country bus shuttle services involves transporting passengers from one country to another country- especially between countries that share borders or countries within the same region. Starting a cross country bus shuttle services is a capital intensive business; acquiring luxurious buses are expensive and you would need security clearance from border patrol officers (immigrations, customs et al).
- Inter State Bus Shuttle Services
Inter – state bus shuttle services is another profitable business venture that an entrepreneur should consider starting. Inter – state bus shuttle services involves transporting passenger from one state of country to another state in the same country.
Just like intra state bus shuttle services, in most developed countries, the government is in charge of inter – state bus shuttle services. So, if you are considering starting this type of business, it is important to confirm from the appropriate authority to be sure that private companies or individual business men or women can own inter – state bus shuttle company.
Another highly thriving and profitable transportation related business that an investor can consider starting is trucking / haulage business. The trucking industry plays a very important role in the economy of the world; they provide essential services to the United States economy by transporting large quantities of raw materials, machines, equipment, dirt, rocks, building materials, and finished goods over land—typically from manufacturing plants to retail distribution centers and from warehouses to construction sites.
No doubt starting and operating a trucking business can be challenging, but the truth is that it can be rewarding at the same time. One good thing about the industry is that it is open to both big time investors who have the capacity to start the business with fleet of trucks and aspiring entrepreneurs who may one to start with just one truck.
- Airport Bus Shuttle Services
Airport bus shuttle services is yet another highly profitable and thriving business venture an entrepreneur who is interested in the transportation business should consider starting. Airport shuttle service is all about transporting passengers and their luggage within the airport, or from their hotels to the airport and vice versa. Depending on the kind of permit you may have obtained to operate your airport shuttle, you would need to acquire a standard and comfortable automobile for this kind of service.
Of course, you need to put people with disabilities into consideration when making plans on the kind of shuttle bus or cars to purchase. All you need to do to get started with pursuing this line of business is to make enquiries from the airport authority in your areas to know if private companies are allowed to run a shuttle service in the airport and the rules and regulation governing shuttle operators.
Dump truck business or waste disposal services business is another thriving and profitable transportation related business that an entrepreneur who is interested in making money from the transportation business should consider first.
If you are thinking of beginning your own dump truck business, then you should not only look for business from the private sectors, you can also approach the government to negotiate for dump transportation contracts – especially if you live in a community where they contract waste transportation to private companies.
Although you will make more money when you secure a contract to help local authorities transport wastes from one point to another, but you can also make good money from private owned business – especially active players in the construction industry.
The truth is that construction site most often will require that debris be moved from the construction site, to a government approved site that is why you most position your dump truck company to work for the government and also private companies.
Another highly thriving and profitable business venture that an entrepreneur who can start is a food truck business. A food truck is a large truck or means of transportation that is equipped to cook and to sell food and also to sell ice cream and snacks.
It is common to see food truck engage in the sale of French fries, sandwiches, hamburgers, and fast food et al. Food truck business is designed to service areas where it might be difficult to quickly construct the conventional restaurant; areas such as carnival sites, construction sites, sporting event centers, camp grounds, and beach et al.
- School Bus Shuttle Services
Although schools usually own the buses that are used in transporting their students and staff members alike, but there are schools that typically contract this services to private owned companies. If you are looking towards starting a transportation business, one of your options is to start a school bus shuttle services. Part of what you need to do to get started with this type of business is to acquire at least a standard bus and then approach schools around you who don’t have school buses or who have limited school buses to services their students.
- Campus Bus Shuttle Services
A campus bus shuttle service is yet another highly thriving and profitable business project an entrepreneur who is interested in the transportation industry should consider starting. Campus bus shuttle services involve transporting students from one part of a campus to another part.
If you are considering starting this type of business, you should visit the school authority you intend starting the business to confirm the requirements needed before a company can get approval to operate a bus shuttle services within their campus.
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Auto Services Related Business ideas
- Auto Repair Business
Auto repair business is amongst the highly thriving and profitable easy to setup auto services related business idea an entrepreneur can successfully start. All over the world, car repairs is one business that never goes into extinction. This is because daily, fleets of cars are being added to the garages of people and so whether it is a brand new car or a fairly used one, you can be sure that sometime in the future car repair would be inevitable.
As long as people use their cars and trucks regularly, there will always be reasons for them to visit an auto workshop, if indeed they want these vehicles to continue to ply the roads. This is because you can never rule out the wear and tear scenario, when a machine is in use.
People visit auto garages for different reasons; it could be for routine servicing, major repair works, or for refurbishing their cars. For whatever reasons; auto repair garage will always translate to money for the owner of the repair garage.
A car rental service is another cool transportation business an entrepreneur can successfully launch. Car rental services are all about making cars available for rent to those who may need cars for one purpose or the other. If you are looking towards starting a transport related business, one of your options is to go into car rental services. If you live in busy cities like Tokyo, Las Vegas, Milan, and Lagos et al, then you should consider starting a car rental services business; this type of business is highly thriving and profitable in busy cities.
Starting a rental business is one of the easiest ways to start out as an entrepreneur -particularly if you can’t afford to go through the challenges involved in the productions of goods. So, if you live around any beach where people either ski for fun or for sports, then you should consider starting your own Jet Ski rental business.
Bottom line is that you can make cool cash from this line of business with little effort if you are well positioned. Jet Ski rental business can only be restricted to a certain geographical area, which is why before starting this type of business, you must ensure that you are in a place where this type of business thrives basically because there is a beach and people visit the beach.
Another easy to establish but highly thriving and profitable business which an entrepreneur who is all out to make money should reflect on starting is to open a car wash. The market for car wash is driven by the purchase of cars and the increase in consumers’ spending – in essence, as the general economy of a country grows, more people will buy cars and more people will patronize the services of car wash on a regular basis especially if their driving habits encourages them to do so.
- Self – Service Car Wash Business
Just like self – service Laundromats entrepreneurs are becoming more creative and are venturing into self – service car wash business. A car wash where car owners can just drive and wash their cars themselves at minimal fees compared to what is charged by conventional car wash companies.
As such, if you are creative and you are looking towards exploring a new business concept, then you should consider opening a self – service car wash business. It is important to conduct detailed feasibility studies and market survey to be certain that this type of business will thrive in the location you intend establishing it.
If you are interested in starting a car wash business and you don’t have the finance to rent a space to setup the car wash, one of your options is to offer a home car wash services. Home car wash services involves going to people’s houses or offices as the case maybe, to help them wash their cars at a fee.
An entrepreneur can successfully launch home car wash business with little or no capital; it is simple business to start. It is important to state that aside from excellent service delivery; one of thing that will help you attract clients is trust. You must prove over and over again to be trustworthy if you want to make it big operating a home car wash business.
- Upholstery Business
Some people prefer leather car interior and other prefer fabric which is why car manufacturers ensure that they manufacture cars with leather upholstery, as well as cars with fabric upholstery. If you are unfortunate to purchase a car with fabrics and you want to change it to leather, then you would need the services of upholstery technician.
If you are interested in starting an upholstery business, then you should ensure that you learn the trade. The Upholstery business is a highly profitable and thriving business especially if the business is strategically located in places like mechanic village et al.
- Panel Beating Services (Automobile Body Work) Business
It is normal for car owners to carry out body works on their cars whenever they are involved in minor and major accidents. Auto body work business is a thriving and profitable business and if you are interested in starting an auto service related business, then one of your options is to open an auto body repair workshop. Please note that you would need to learn the trade before you can successfully launch this type of business.
- Automobile Spraying and Branding Workshop
Another profitable business an entrepreneur who is interested in starting a business in the automotive industry is automobile spraying and branding business. When the body of a car is worked upon or when there is a dent or patch on car, there is likelihood that the owner may want to have the body of the car re-sprayed, in order for the car to look new and presentable.
So also, organizations brand their cars to suit their company’s color and also to carry their company’s logo and every information they want people to see; that is where car branding companies comes in. It is important to state that before starting this type of automotive business you will be required to acquire the relevant skills.
- Auto Electrical Workshop
Aside from the mechanical parts in automobiles, another vital component in automobiles is electrical component. From the headlight to the sound system in the vehicle, to the brain box in the vehicle et al, are all electrical components; and once in a while these electrical components becomes faulty. Hence the need for the services of auto electricians.
Starting an auto electrical workshop is a thriving and profitable business venture. It is important to state that adequate technical training is required before you can successfully run this type of business. It is for this reason that you can attend a technical school or college to acquire auto electrical skills.
- Car Tracker Installation and Repair Business
Another trending and highly thriving and profitable business in the automotive industry is car tracker installation and repair business. Global statistics show that the need for car tracking systems in cars is on the increase. This is because of how efficient it has proven to be, and as a matter of fact most transport operating companies wouldn’t allow their cars to start plying the roads until they are installed with a vehicle tracking system. Since the car tracking systems came into existence, it has become very easy for fleet operators to comfortably manage their fleet of vehicles.
With the advent of this device, investing in transport, haulage and logistic business and even ambulance services has become a profitable venture because the tracking device helps keep the drivers under check, monitor the fuel consumption, distance covered and also ensures safety of the vehicle.
- Sale of Motor Vehicle Insurance
Motor vehicle insurance is a mandatory in almost all the countries in the world; hence there is a very large market for car insurance policy cover. A vehicle owner has the option of either purchasing third party motor vehicle insurance policy cover or comprehensive motor vehicle insurance policy cover; at least they are expected to have one before driving their vehicles on the road.
It is an offence punishable under the law in most countries to drive a vehicle without active motor vehicle insurance policy cover. So, if you considering starting an automobile related business, one of your options is to go into the sale of motor vehicle insurance cover. With little or no start – up capital you can successfully start this type of business as an insurance broker.
- Automobile AC Repair and Servicing Workshop
In recent times, it will be safe to state that there is hardly any car (buses inclusive) that comes out of a vehicle manufacturing plant that does not come with factory fitted AC. This goes to show that there is a large market for technicians who are into automotive AC repair and servicing business.
This is so because, like most vehicle parts, AC components are also subjected to wear and tear. So, if you are looking towards starting a business in the automotive industry, one of your options is to open and automobile AC repair and servicing workshop.
This type of business is highly thriving and profitable. It is important to state that technical skills is required before an entrepreneur can successfully launch this type of business; it is not a business that you can adopt the trial and error approach.
Another auto electrical related business niche an entrepreneur who has acquired auto electrical training should consider starting is headlight restoration business. Starting a headlight restoration business requires automobile – electrical training, it requires low startup capital and the profitability of the business is largely dependent on the numbers of headlight you can fix in a day or a month.
The truth is that it is to your advantage to add other automobile works to your headlight restoration business if you want to make good money from this business. Headlight restoration business is all about helping cars and truck owners to restore their damaged or malfunctioning headlights
50 Best Car Related Business ideas
The Auto locksmith business is yet another highly thriving and profitable automotive business that an entrepreneur should consider starting. If you have ever been locked out of your car, home or office, as a result of having misplaced your keys, then you just would appreciate the services of auto locksmiths.
Starting a business as an auto locksmith is indeed a commercial venture to start but you must first acquire the required training, and then work as an apprentice for a while, before applying for a locksmith license. Although, an auto locksmith business is considered to be a small scale business, but it is regulated by the government to ensure that criminal elements in the society don’t take advantage of people.
Mobile mechanic services is yet another low budget automobile related business which an entrepreneur who is a trained auto mechanic should contemplate starting. Mobile mechanic business as the name implies is operating your mechanic business on the go. It means that even if you don’t have a mechanic workshop, you can still move around to help people fix or service their automobile in their homes, offices, and even on the road when you are called upon to do so.
Starting a mobile mechanic business requires low startup capital and it is a very profitable venture because you would have eliminated the cost of renting and maintaining a workshop / garage. All that you would spend your startup capital on is to acquire your working tools, a utility vehicle and perhaps the money required to register the business and to print your business card.
- Car Advertising Business
Another cool way of making money from the automotive industry is through car advertising business. If you have a car and you love driving around town, you can turn this hobby of yours into a money making venture. There are loads of advertising agencies looking for cars that can serve as their moving billboards and they are willing to pay pretty well for that.
The innovation in the advertising industry is evolving and new windows for both conventional and unconventional style of advertising are opening up. Advertisers will do all they can to catch up with their target market and branding cars is one of such option.
- Vehicle Licensing Brokerage Services
Vehicle license and other relevant vehicle documents usually expires annually, hence there is room for renewal at least once in a year; it is a crime to drive a vehicle whose documents has expired. Starting a vehicle licensing brokerage services involves helping individuals and corporate organizations do all the work as it related to vehicle license renewal et al. This type of business can be successfully combined with other related brokerage business.
Year in year out teens who have attained the driving age requirements and even adults alike who don’t know how to drive approach driving schools to learn how to drive. If you are looking for a steady source of income in the automotive industry, then one of your options is to open a driving school; a place where you can teach people how to drive.
It is important to state the before starting a driving school, you will be required to obtain the required license, permits and approval from the appropriate authority in your country. Aside from the little stress involved in securing approval, permit and license for a driving school, it could be fun teaching people how to drive especially if driving is one of your hobbies.
Automotive Retail Related Business Ideas
- Sale of Auto Spare Parts
As long as people still use automobiles on our roads, the need for auto spare parts will continue to be in demand. Auto spare parts business is indeed a profitable business because the replacement of damaged or worn – out auto parts is compulsory if you want your vehicle to continue to be on the road and serve the purpose you bought it for.
If you are looking for a business to start as an entrepreneur and you know you have interest in the automobile industry, then you should consider starting your own auto spare parts sale business. Although you don’t need a college degree to establish your own auto spare parts store, but you would need some form of informal training, you might have to work as an apprentice with someone who owns an auto spare parts store.
It makes it easier for you to learn the ropes and how to manage your own auto spare parts stores. It is important to point out that auto spare parts business is one the businesses that can’t go out of fashion simply because of the role it plays in the auto industry.
Opening a car sales garage / car dealership shop might be considered to be a capital intensive business, but at the same time it is a thriving and profitable business especially if the business is well positioned and provides options for customers. Car is a necessity hence people who can afford cars do all they can to ensure that they have at least a reliable car.
There are also car freaks that ensure that they change their cars regular – especially if there is a new edition of their favorite car make. This goes to show that no matter the part of the world that you start this type of business, you will always have customers. So, if you have the financial capacity and you are looking towards investing in the automotive industry, then one of your options is to go into car dealership business.
- Online Car Sale Business
If you are interested in starting a car dealership business and you don’t have enough space to display the cars, then one of your options is to start an online car sale business. The advent of the internet has made it possible for people to purchase anything from an online shop and have it delivered to them without stress. Online car sale business is cheaper to run when compared to opening a brick and mortar car sales garage.
- Online Auto Spare Parts Shop
Just like an online car sale business, if you are interested in expanding the scope of your market as an auto spare parts dealer, one of your options is to open an online auto spare parts shop. Online auto spare parts shop is all about selling auto spare parts online. The truth is that it is less stressful and of course profitable to run an online auto spare parts shop , as against running a brick and mortar spare parts shops.
In order to successfully run this type of business, you must ensure that you have a secure payment portal, and also a reliable shipping process. It is easier to gain the confidence of your customers when you get their goods delivered intact as at when due. So, if you are interested in making money from the automotive industry, then you should consider opening an online auto spare parts shop.
Another highly thriving and profitable business, how be it capital intensive business an entrepreneur can consider starting is to open a filling station; a place where vehicle owners can drive in to buy fuel (premium motor spirit PMS, diesel, cooking gas and kerosene).
If you can successfully secure a space in a location that is prone to vehicular traffic, then you should consider starting a filling station business. Please note that you will be required to apply and obtain permits and business license from the appropriate authority before you can successfully build a filling station in any area.
- Open an Auto Interior Shop
Car owners sometimes go out of their ways to beautify the interiors of their cars; they change the steering cover, the car carpets, the seat cover and car air freshener et al. If you are considering starting a simple auto retail shop, one of your options is to specialize in the sale of auto interior components.
It is a thriving and profitable business to go into. Just ensure that you give car owners the options of changing the entire outlook of their car interior to reflect the football club they supports or any of their interest.
Another thriving, profitable and easy to setup auto retailing business an entrepreneur should consider starting is to go into the sale of auto electronics and accessories. Car stereo, car lights, car charger, car horns, car alarms, car diagnostic device et al are part of the stuffs you are likely going to find in an auto electronic and accessories shop.
If you have interest in making money from the automotive industry, you should consider opening an auto electrical and accessories retail shop. Just ensure that your shop is strategically located and you won’t struggles to attract customers on a regular basis.
- Supply of Diesel to Haulage Companies
If you are looking to own a business portfolio in the lucrative oil and gas industry and you don’t have all the money required to become a major player in the industry, then you should consider starting your own diesel supply business.
Diesel supply is one of the easiest and cheapest ways to own a thriving business in the oil and gas sector. Diesel happens to be one of the easiest and safest of all petroleum products to transport because of the low level of flammability it possess on like premium motor spirit – PMS (petrol).
- Lubrication Oil Retail Shop
Sale of Engine Oil, Break Fluid and Hydraulic Oil etc, is a profitable and highly thriving business venture an entrepreneur who is interested in making money from the automotive industry should consider. The fact that vehicle owners subject their vehicles to be serviced at regular intervals creates markets for lubrication oil products.
There has also been an increase in the lubrication oil production sector as it is one business you can readily go into with the hope of making great profit. The various needs of lube oils in homes, organizations, factories and industries just cannot be overemphasized because the populations of people who have a mechanical need for this oil have continued to increase over the years.
- Car AC and Accessories Retail Shop
Another highly thriving and profitable business venture an entrepreneur who is interested in making money from the automotive industry is to open a car AC and accessories retail shop; a shop where everything about car AC will be retailed.
Just like most parts of cars, ACs are also subjected to wear and tear hence there will be need for replacement of t AC parts or even refilling of AC gas et al. Hence, if you are considering starting a simple business in the automotive industry, then one of your options is to go into the sale of everything about car ACs.
- Car Battery Shop
There are times when some folks may encounter a battery life issue with their vehicles and need to have it fixed immediately. This is where having a car battery shop comes to play. You would need to start a car battery shop, by having many batteries on standby that would be in use for starting people’s cars.
More often than not, you would also need to sell these batteries, as well as operate a battery rental style of business. You may consider having this kind of shop in a neighborhood, or by a busy roadside. This is so that you can attract a lot of people.
Aviation Related Business Ideas
This might sound interesting, but the truth remains that this kind of business sure is very capital intensive. This is as a result of the high maintenance fee that is involved and what have you. If you have been a lover of aviation, and want to build a business around the industry, then you can start an airline company. You may look at getting loans from banks, individuals, as well as angel investors, as you look to launch out.
- Ticketing and Reservation Services
Once people scale through the difficult hurdles of getting a visa, the next thing they begin to consider or rather putting in their expense budget would be tickets. It is for this reason that the business is a very profitable one. You too may consider cashing in on the industry by starting a ticketing and reservation business. In starting this business, you will need a great wealth of knowledge. That is why you can begin to look at having ticketing deals and stuff like that.
- Helicopter Transportation Services
There are times when people will need to hire helicopters for official and pleasure use. This is why there are several helicopter transportation services available. This is one of the reasons why you can look at starting a helicopter transportation services. Do note that starting this type of trade doesn’t come easy, as you would need thousands, upon thousands of dollars. Hence, you would need to first sit and run your analysis before operating.
- Aviation Cleaning Services
The flights need to be spic and span, and that is why there will always be the need for aviation cleaning services. If you have a penchant for the aviation industry, then you can choose to start a cleaning company. This would entail the cleaning of flights, before and after boarding, the tarmacs, and what have you. You will however, need to be vast in this line of business. As such; you need to be trained by Veterans who have cut their teeth in the sector.
- Supply of Aviation Fuel
The supply of aviation fuel isn’t a common type of business, but truth remains that people are smiling to the bank every day as a result of being in the supply of aviation fuel business. This means that you will be saddled with supplying various airlines with aviation fuels at very competitive prices. It is also pertinent that you do a thorough and exhaustive research so as to arrive at the best deal for you clients.
Food is one very essential need of man, and that cannot be toyed with. As a matter of fact no one toys with it. It is for this reason that if you have got great culinary skills, that you can start an aviation catering business. This would entail that you are in charge of the kitchen in the flights as, well as see to it that all cabin crews gets fed at all times.
- Aviation Maintenance and Repair Business
Just like the regular cars, the maintenance of the flights is very essential. Failure to do this means that one may be putting the lives of all that use the flight in danger. This is one of the reasons why maintaining the flight is very needful.
If you want to start an aviation and maintenance business, you will need to first be versed in it. This goes to show that you will need to arm yourself with the knowledge of repairs. If need be, you might need to get some certification is this regard. However, by and large, it is a very profitable business.
There are experts who have great wealth of experience in seeing to it that people are walking the right path in the aviation industry. These folks are consultants who see to it that they solve the problems of people with their knowledgeable track records. If you are looking to start a consultancy service business in the aviation industry, be sure to read wide and high because you will be looked upon as an expert.
It is important to state that establishing a drone repair business can be capital intensive, but it is highly profitable because the industry is still very fresh. It is expensive because of the fee you get to pay to acquire the training, and the money required to purchase the repair tools. Drone technology is rapidly gaining prominence in the globe beyond the military circuit.
In recent times, the civilian community has started developing and making use of drones to carry out task such as surveying of vast farm lands (plantation), for delivery of parcels, to monitor and count wildlife and livestock, for geographical mapping, for search and rescue operations, for monitoring pipelines, for road patrol and for general commercial and motion picture film making.
No doubt, starting a school where you are to train people on how to fly drones can be very expensive, because you would acquire drones and then apply for a license from the government of your country. The truth is that drone training business is indeed a profitable venture, because people will be willing to pay from their noses to acquire this training. As a matter of fact, all those that are trained on how to fly drones are always in high demand and they are well paid.
Starting a drone training school requires commitment, hard work and constant researching. You would have to go through the rigors of obtaining license and permit from the federal government before you can start teaching people how to fly drones. This type of business is still being regulated by the government due to the security risks involved.
No doubt these are great money making automotive business ideas; however, it is very needful that you do not start any of these trades haphazardly without the right and adequate knowledge, failure to do this means that you may be headed for failure. So you need to garner all the knowledge and experience so that you can be successful.