Wow. Maybe I need to find another 'little guy' to buy from. A significant portion of that 100 million has been mine.
They do a good job.
Is 100,000,000 of something good? Depends on the context: $100 million in annual sales? Good. 100,000,000 cockroaches in your house? Not so much.
Thankfully, the former of those two was achieved by the crew at FCP Euro, who pride themselves on their “rise from mom-and-pop shop to industry leader” with its most recent sale success.
Specifically, FCP Euro CEO Scott Drozd notes that “Hitting this milestone is a surreal moment for us,” and that the company’s success has always been based on its focus on “our employees, our customers, and our partnerships.”
FCP is expected to make $110 million total for 2020, up from $72 million in 2019.
For more information about FCP Euro and their sales milestone, head over to their website at fcpeuro.com, or read the press release below:
MILFORD, CT (December 9, 2020) — Today, Connecticut-based online auto parts retailer FCP Euro announced that they have surpassed $100 million in annual sales, a milestone achieved through 20 years of consistent revenue growth. As a company recognized in Inc. magazine's 5000 fastest-growing privately-owned companies for seven years, this milestone is a testament to the focus on customer service and the growth of the digital presence within the Automotive Aftermarket.
Originally a brick-and-mortar store established in Groton, Connecticut in 1986, FCP Euro has become a growing presence in the 400 billion dollar Automotive Aftermarket, a feat company leaders Scott Drozd (CEO) and Nick Bauer (President and Founder) see as another humbling achievement on their strategic path to continued success.
"Hitting this milestone is a surreal moment for us," said Scott Drozd, CEO of FCP Euro. "Our focus has always been our employees, our customers, and our partnerships. Those relationships are the cornerstone of our success. We will continue to invest in unparalleled customer service and user experience, which we're confident will fuel continued growth for the foreseeable future. "
FCP Euro is on pace for $110 million in total 2020 parts sales, with a total workforce of 175 employees, up from 2019 totals of $72 million and 130 employees. The company expects continued momentum in the digital channel of the Automotive Aftermarket, which is experiencing 30% annual growth with a 2023 projection of $30 billion in annual sales. By 2025, FCP Euro anticipates achieving $500 million in annual revenue.
FCP Euro is an online provider of OE, OEM, aftermarket, and genuine auto parts for European vehicles, with a focus on connecting their content directly with the automotive enthusiast community. Along with their e-commerce website, the company invests heavily into video and written content focused on helping DIY (do-it-yourself) automotive enthusiasts learn how to maintain and repair their vehicles. Through car shows, events, and an in-house professional motorsports team, FCP Euro fosters deep relationships within the community. For more information on FCP Euro and to learn about these and more offerings, you can visit https://www.fcpeuro.com.
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Wow. Maybe I need to find another 'little guy' to buy from. A significant portion of that 100 million has been mine.
They do a good job.
There have been a load of crappy euro parts suppliers, so good for these guys being able to not only survive, but thrive!
Bought my first Euro car last week, within a couple days I had an order at FCP Euro. I love the way they have kits with all the necessary hardware and gaskets.
Good. They deserve it and are our go-to for the Lemons E36. I keep coming back for the oem-but-not-bmw-labeled parts, plus the mix of non-BS mod stuff.
FCP you listening? Pretty sure this place has a good ROI on advertising.
That's an impressive growth rate for a company that size. I've ordered lots of parts from them and was always impressed with the service. Anything I order from them I can assume is OEM or OEM+. I can also affirm that someone on this forum recommended them.
Impressive 5 year projection @ $500MM!
Never had a problem with them and always great service.
Just came in.
Same here- I had no idea they were this big. But I love their kits- and as mentioned above, I love that they find the OEM manufacturer of the part and get the non-BMW branded part built by the OEM manufacturer. Case in point (if I recall correctly) was Boge shocks for my E36 M3. But I ordered a TON of parts from them, and never had a complaint.
Good on ya, fellas.
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