Start A Motorcycle Import Broker Business - Business Ideas

Updated: September 15th, 2022
Start A Motorcycle Import Broker Business

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.

Starting a motorcycle import broker business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell motorcycle import broker, or selling motorcycle import broker online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size
$109B
starting costs
$11.7K
gross margin
90%
time to build
210 days

Startup Costs

Min Startup Costs Max Startup Costs

Office Space Expenses

$0

$7,000

Employee & Freelancer Expenses

$150

$250

Website Costs

$223

$7,015

Business Formation Fees

$600

$4,700

Software Expenses

$162

$2,894

Advertising & Marketing Costs

$0

$1,400

Total Startup Costs

$1,135

$23,259

Successful Businesses

Business URL Rank

OEC Group 海碩集團

oecgroup.com

502,468

North Miami Motorsports

northmiamimotorsports.com

1,395,911

Promptus, LLC

promptus.us

1,792,890

Southern Honda Powersports

southernhonda.com

1,987,668

For sale or permanent trade

goswap.org

2,409,489

Seariders Brokerage Corp – Since 1984

seariders.com

2,600,751

John S. James Co.

johnsjames.com

2,840,682

Bator International Inc.

batorinternational.com

3,267,718

H.W. St. John & Company

hwstjohn.com

3,803,893

Powersports Listings – The Nation's Premier Harley-Davidson Dealership Brokerage

powersportslistings.com

4,558,890

Indian Motorcycle of Fort Lauderdale

stusmotorcyclesofftlauderdale.com

4,828,976

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 motorcycle import broker business costs significantly less money than most businesses, ranging anywhere from 62 to 23,259.

Rewarding work

Starting a motorcycle import broker business 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.

No overhead costs

To get your motorcycle import broker business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!

Cons Description

Crowded Space

Competition is high when it comes to your motorcycle import broker business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.

Longer Sales Process

A motorcycle import broker business can be a big time and money investment for your customer, so it's important you plan and predict a longer conversion funnel and stay in communication with potential customers.

Work can be inconsistent

As a motorcycle import broker business, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.

Lack of benefits

With a motorcycle import broker business, 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 motorcycle import broker business, you typically work alone and do not have much face-to-face interaction with other team members.

Taxes

As a motorcycle import broker business, 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.