Sell Aircraft Spare Parts - Business Ideas
Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.
Aircraft spare parts businesses supply aircraft builders, owners, pilots, and aviation businesses parts such as batteries, Aural warning module assy, brake Assy, constant speed drive and many others.
With the demand for aircraft parts projected to reach over USD 47.33 billion in the next few years, starting an aircraft spare parts business can be profitable.
Before you start an aircraft parts and equipment business, research and understand the heavy federal oversight and regulation involved to ensure aircraft remain airworthy. In addition, research the competition so you understand the landscape fully and define where your market fits in.
Your success odds may improve substantially when you franchise and leverage a successful brand through either a franchise or turning your competitors into collaborators.
Ing a sell aircraft spare parts requires a great deal of effort, dedication, and most importantly passion.
If you're interested in how to sell aircraft spare parts, or selling aircraft spare parts online, you can use this page as a guide for everything you'll need to know.
Key Stats
Startup Costs
Min Startup Costs | Max Startup Costs | |
---|---|---|
Office Space Expenses |
$0 |
$7,000 |
Inventory Expenses |
$350 |
$14,750 |
Software Expenses |
$150 |
$2,794 |
Website Costs |
$13 |
$215 |
Advertising & Marketing Costs |
$0 |
$2,450 |
Total Startup Costs |
$513 |
$27,209 |
Successful Businesses
Business | URL | Rank | |
---|---|---|---|
Bombardier |
bombardier.com |
64,063 |
|
WBParts |
wbparts.com |
171,607 |
|
AVspares.com |
avspares.com |
219,538 |
|
Africair, Inc. |
africair.com |
577,298 |
|
Home LAS Aerospace Ltd |
lasaero.com |
707,891 |
|
Aircraft Sales and Parts |
aircraftsalesandparts.com |
849,290 |
|
Jet Engine Trader |
jetenginetrader.co.uk |
927,441 |
|
Aircraft Specialties Services: Machining Services, Aircraft Parts and Pilot Supplies |
aircraftspecialties.aero |
1,018,334 |
|
Proponent |
proponent.com |
1,054,482 |
|
Adams Aviation |
adamsaviation.com |
1,097,440 |
|
Welcome to BAC Online |
bac-online.com |
1,296,330 |
Pros & Cons
Pros | Description |
---|---|
Flexibility |
You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own. |
Ability to start your business from home |
It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning! |
Little startup costs required |
The cost to start a sell aircraft spare parts costs significantly less money than most businesses, ranging anywhere from 12 to 27,209. |
Rewarding work |
Starting a sell aircraft spare parts can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about. |
Scalable |
With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers. |
Traffic to your website |
A sell aircraft spare parts gives people a reason to visit your website and to keep coming back to you! |
Cons | Description |
---|---|
Crowded Space |
Competition is high when it comes to your sell aircraft spare parts, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies. |
Finding The Right Supplier |
Most businesses in this space go the supplier/manufacturer route, which isn't a bad thing! However, finding the right supplier can take a lot of time, energy and trial/error. If done properly, this process can save you months (if not years) of time and energy. More on this below in the "finding a supplier" section. |
Security Issues |
With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road. |
Lack of benefits |
With a sell aircraft spare parts, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming. |
Isolation |
Often times, as a sell aircraft spare parts, you typically work alone and do not have much face-to-face interaction with other team members. |
Taxes |
As a sell aircraft spare parts, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it. |
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings