The assertion that a car is not a luxury, but a means of transportation is more than relevant today: most families have a car, and some have more than one. In addition, wealthy car enthusiasts prefer to change their cars every 2-3 years. Therefore, the auto business is steadily afloat. Opening a car dealership with a competent approach to business can bring a good profit.
Instructions
Step 1
First, decide on the goals that you want to achieve: if you plan to simply sell cars without performing warranty repairs and maintenance, open a car dealership. To do this, it is enough to rent retail space for a showroom and utility rooms and periodically take new or used cars for sale. In this case, your profit will be the trade margin minus taxes, rent and other operating expenses.
Step 2
But effective activity requires regular customers and their regular influx, so if you are aiming at a stable profitable business, build an auto center focused on the sale and maintenance of cars, warranty and body repair.
Step 3
Select the car brand you would like to work with. Since every automaker requires 1 car dealership, 1 brand, research the market and prioritize brands that are not yet represented in your area but are in demand.
Step 4
Make a business plan: evaluate the market and competition, strengths and weaknesses of your project and advantages. Calculate an approximate plan for income and expenses, as well as a project budget. Consider the need to raise loans.
Step 5
Choose a location for your future car dealership. It should be crowded, located in a busy part of the city, but not necessarily in the center. It is desirable that the place can be reached both by personal and public transport.
Step 6
Send a letter to the official distributor of the brand with an offer of cooperation and the intention to open an auto center for the sale and service of cars. If the company is interested in your proposal, its representative will come to the site to assess the prospects for promoting its brand in this region.
Step 7
If the distributor makes a positive decision to cooperate with you, collect permits and obtain approvals for the construction of an auto center. Find contractors for construction and finishing work. Car manufacturers require dealers to comply with certain corporate standards, so the auto center project will need to be approved. Some distributors send their architects to the site to develop the project.
Step 8
Since your construction is a long-term investment of capital, you can apply to a bank for an investment loan. As a guarantee, you can enlist the support of the automaker. An investment loan is issued for a long term, which allows you to build and equip a car center, put it into operation and recoup your investment.
Step 9
Purchase and install equipment upon completion of construction. Pick up a team of professionals: managers, consultants, engineers, experts, skilled workers. Train the staff - the distributor will again help with this: as a rule, large companies organize seminars and trainings for dealers.
Step 10
Organize an advertising campaign and arrange a presentation of the auto center. Invite as many local media outlets as possible to your event to attract as many potential customers as possible.