Garage

Garage's Background

Garage, formerly known as Garage Mobility Inc. and Garage Mobility, is a wholesale auto parts distributor based in Accra, Greater Accra Region, Ghana. Launched in 2022, the company specializes in the B2B sector, particularly within supply chain and logistics. Garage aggregates parts from the largest suppliers globally and delivers directly to retailers in Africa, serving over 2 million retailers. With a projected market size of $25 billion annually for auto parts in the region, Garage is poised to make significant contributions to the industry.

Garage's Y-Combinator Involvement

Garage was part of the prestigious Y Combinator's S22 batch, which has been instrumental in accelerating its growth and development. Participation in this program provided Garage with access to a vast network of mentors, investors, and other resources critical for a startup's success. Y Combinator's backing is a testament to Garage’s potential and credibility in the competitive B2B supply chain and logistics sector.

Garage's Market Impact

Garage has a significant impact on the auto parts market in Africa, serving over 2 million retailers. The company’s business model is centered around aggregating parts from global suppliers and delivering them directly to retailers, ensuring a seamless supply chain. Garage's operations are expected to grow exponentially, with projections indicating that they will serve 400 million vehicle owners by 2050. Each vehicle owner is anticipated to spend over $1000 annually on vehicle parts, underlining the substantial economic footprint Garage is establishing in the region.

Garage's Operations and Services

Garage operates primarily in Ghana and across Africa, but also offers remote and partly remote services to extend its reach. The company’s team of 54 employees works diligently to streamline the supply chain and logistics processes, ensuring timely delivery and high-quality service for retailers. By powering retail shops that will be central to transactions, Garage is not only facilitating the distribution of auto parts but also enhancing the overall efficiency and reliability of the supply chain within the market.

Garage's Future Projections

Looking towards the future, Garage is projected to serve 400 million vehicle owners by 2050, with each owner expected to spend over $1000 annually on vehicle parts. This substantial market potential positions Garage as a key player in the auto parts industry in Africa. The company's strategic focus on aggregating parts from the largest global suppliers and delivering them directly to retailers ensures a robust and scalable business model, poised for sustained growth and market leadership.