11 Most Profitable Retail Businesses You Can Start

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7. Automobile Spare Parts Store

Score: 4 points;

This retail niche has been growing for the last 50 years, together with the car ownership figures. In the last couple of years, the car part market has also moved to the internet. Car parts are easily sold online, and people are sending the whole engine blocks across the country. If you want to open a location based car parts store, stick to suburbia and the areas close to big freeways. You can also make a partnership with service stations or car mechanics and provide them with necessary parts and tools.

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