Bapcor Ltd (ASX:BAP)

Bapcor Ltd (ASX: BAP) was originally called Burson Group. Today. Bapcor is a specialist auto parts business but what most consumers don’t know is that Bapcor is more than a retailer of spare parts. Its bread and butter is ‘trade services’. For example, when you get your car serviced by a mechanic, the mechanic doesn’t store all of the parts for the make and model of your car in their shop. Instead, they rely on a nearby distributor like Burson’s who can deliver the exact parts within a matter of hours.