If your passion lies in the automotive industry, you’re in luck. With approximately 276 million vehicles owned in the United States, car care is essential; it can also be lucrative when you choose the right business. If you’re ready to get started, read on to discover nine ways to break into the auto industry with your own auto startup business.
If your passion lies in the automotive industry, you’re in luck. With approximately 276 million vehicles owned in the United States, car care is essential; it can also be lucrative when you choose the right business. If you’re ready to get started, read on to discover nine ways to break into the auto industry with your own auto startup business.
Remember to keep all these options at your fingertips with our free Small Business Startup app—available for both Apple and Android. Start with a quick quiz to instantly find the best opportunities in your region.
Car upholstery restoration is essential in that time takes its toll on every vehicle's interior. In 2019, the market for automotive upholstery services was valued at roughly $7.63 billion. The automotive upholstery services’ forecast period of 2020 to 2025 is poised to register a compound annual growth rate of over 6.5%.
The U.S. oil change services industry is an employer to some 93,000 people and generates approximately $10 billion in revenue every year. If you’re looking for an automotive industry where it’s certain that folks will need your services every day, then oil changes make perfect sense.
If you live in an area with plenty of year-round sunshine, you may want to consider window tinting. The tinting business can be quite lucrative with the average window tint costing anywhere from $200 to $850. In 2021, the tinting film market size was valued at $3.65 billion. Within the next several years leading up to 2030, the industry is predicted to progress at a compound annual growth rate of 5.1%
Auto glass replacement and repair businesses enjoy a high potential for profits along with low startup and recurring material costs. In 2021, the global automotive glass industry was valued at $20.52 billion, and by 2030, the market valuation is expected to reach over $35.81 billion.
In a competitive market like the automotive industry, savvy business owners may do well to offer unique services that benefit drivers. Carbon removal remains a lucrative sector of the industry with near-zero running costs. The average carbon-cleaning business serves four to six vehicles per day at an average cost of anywhere from $800 to $1,200 per vehicle.
In 2021, the auto accessory market was worth roughly $416 billion. And now is a great time to get in the game. Why? By 2028, the industry is expected to grow to approximately $604.1 billion. That predicted growth puts the industry at a compound rate of more than 6.4% over the next six years.
The auto electrical services market in the U.S. is predicted to surpass over $64 billion in value by 2024. A mere ten years ago, the market revenue was just over $40 billion. And that data doesn’t take into account the rise of electric vehicles. When it comes to EVs, the market is expected to grow from $163 billion in 2020 to a whopping $823.75 by 2030.
The auto paint shop industry was valued at nearly $9 billion in 2018, and it’s on track to reach almost $12.5 billion by 2026. The industry registers a compound annual growth of about 4.2%, which is anticipated to grow throughout 2026 and beyond.
The car rental industry is the eighth-largest real estate and rental industry by market size! In fact, the car rental industry earned just over $28 billion in 2021—an enormous jump of 21% from the year prior. Families going on vacation, business travelers, and drivers with their regular cars in the shop for repairs all need rentals. No matter which way you look at it, the car rental industry is one of the most solid and fastest-growing auto industries.
We hope this guide helps get your wheels turning with ideas on how to break into the auto industry. Launching your own business is an exciting opportunity, and we know you’re probably eager to get started. But remember, take your time to explore all your options. Yes, you always have the “opportunity” to start a small business, but sometimes, it makes more sense to invest in an opportunity that already exists and doesn’t require you to do all the heavy lifting alone. These are called “Franchise Opportunities.”
If you’re ready to explore your options, we’ve handpicked a few automotive franchise opportunities, below! Remember to download the free Small Business Startup app to keep all these opportunities at your fingertips—available for both Apple and Android.
Tint World Automotive Styling Centers is Americas largest and fastest growing automotive accessories and window tinting international franchise, specializing in a wide selection of high-quality products and services.
Mr. Transmission Complete Auto Care - two great automotive repair companies from the Moran Family of Brands. Build your business the way you want with flexibility, while enjoying multiple revenue streams. Learn more about the costs, benefits, and available locations today
Glass Doctor is an award-winning glass repair and replacement franchise with two distinct verticals to choose from: flat glass or auto glass. Operating within a growing and recession-resilient industry that provides in-demand services, franchise owners enjoy an executive ownership model with personalized corporate support, protected territories, and an easy-to-follow system. Inquire to learn more about Glass Doctor and your path toward a flexible and fulfilling lifestyle
Garage Force has worked tirelessly to build a reputation as one of the most dependable installers of concrete coatings for both commercial and residential markets. We have developed a product that speaks for itself and we are proud to operate a business that we can not only stand behind but feel confident asking others to join us.
I offer a FREE assessment that tells you what type of franchise will suit you best. My clients need to be prepared to invest a minimum of 60,000 in a franchise.
NO FEE FOR OUR SERVICES As the 2020 Franchisee of the Year out of 500 units, I know first-hand how important it is to buy a franchise that aligns with your valuesin business and in life. With thousands of franchises to choose from, just starting your search can be overwhelming. Plus, you will be bombarded with emails, texts and calls. Spend 15 minutes on the phone with me to see if we can work together to find franchise options that meet your goals. Its free. Its fun. Its what I love to do every day Click on Request Free Information now to receive my free Franchise Roadmap to Success.
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