I want to become a dealership, but I'm not sure I've found the right product yet - ideas/experiences appreciated!
I'm in a rural area and have some land/space. Over the years I've thought several times about starting a dealership for something I was looking at myself. At one point it was Chinese ATVs, at another point it was robot mowers, then trailers at another.
Anyway, I'm starting to think about it more seriously. Trailers (when I looked into them) seemed to have terrible margins and there's enough competition around that I'd just end up sitting on stock forever, I believe. I have decided against anything Chinese because of parts supply being a total wildcard.
I have been thinking about hydroseeders. The downside is that the equipment sales are probably low volume. But on the plus side, I could sell the seed, mulch, dye, and tackifier products as a supplier. That's probably a decent revenue stream on consumables. BUT, I need a dry place to store those, and my only barn is on the full side at the moment. Not a total deal breaker, but I feel like I'd have to rent a warehouse or something. Could be done.
A conversation with AI suggested a few interesting ideas - one being mosquito misters, and equine misting systems. That's an interesting one - the margins look pretty decent and I'd supply the consumables as well so it's decent recurring revenue.
I'm fine with online and/or walk in sales (or realistically it would be by appointment, most likely, but I think I could support walk in, in the future). I'm going to have to advertise or sell a product that has good advertising support from the manufacturer because I'm on a dead end road - it's not like a sign out front will bring people in. I've got maybe 100k to play with. I do have experience running a home service business and I'm great at dealing with people, as well as handling the growth side of the business. I'm technical and hands on - I can provide service for what I sell, but I don't really want to end up running a full time repair shop either - so something like mowers is probably out.
My background is mixed between mechanical and tech/software. I'm currently operating a land clearing business and have run a small tech consulting company in the past. My interests are mechanized toys, equipment, music, and the great outdoors (hiking, camping, kayaking type stuff), and I play hockey several times a week so that's my biggest single hobby/interest and my biggest network of people. Although I'm not sure there's anything in the hockey market I can/am interested in selling - I don't want to open a retail store and I don't want to install backyard rinks for a whopping one week a year lol.
Anyway - I'm curious if anyone has ideas or suggestions about products that would be a good fit for me as a dealer or I guess even more of a distributor. Happy to answer more questions if I've left gaps. Thanks in advance!