Racing and performance parts shop

Local racers, track day drivers, tuner shops and enthusiasts who want to see parts, get advice and pick up the same day.

Mark-up on parts and gear sold over the counter, plus online orders, trade sales to local tuning and race shops, and any fitting services.

• Deep knowledge of performance parts and motorsport
• Stock buying and inventory control
• Customer service and selling

• Stock ties up a lot of money, so start with fast sellers and build up
• Commercial lease terms, deposits and zoning for automotive retail
• Municipal business licence and any signage rules, check with your municipality
• Some parts that affect emissions or safety may be restricted for road use, check federal and provincial rules
• Racing is seasonal in much of Canada, so plan cash flow for winter
• Commercial general liability and product liability insurance, plus WCB/WSIB coverage if you hire staff, rules vary by province

Estimates suggest startup costs are typically around $40,000 to $150,000, depending on the unit, deposits and how much stock you buy. Stock ties up a lot of money, so starting with fast sellers can help.

Monthly revenue is typically estimated at around $15,000 to $60,000, depending on location, range and customer base. Racing is seasonal in much of Canada, so plan your cash flow for winter.

Check commercial lease terms, deposits and zoning for automotive retail, plus your municipal business licence and signage rules. Also check restrictions on emissions or safety parts, liability insurance, and WCB/WSIB coverage if you hire staff.