Typically, dealerships with associated mechanic shops are able to survive economic downturns because of their servicing revenues. This will give the business credibility among its potential purchasers.
The introduction of franchise and online car dealership garage makes it easier for a used car dealership garage to reach out to a larger market far beyond the areas where his physical store is located. The fact that we are going to be operating our used car garage in a corner piece property along a major road close to one of the largest residential estates in Spruce, Chestnut and Walnut Streets — Philadelphia provides us with unlimited opportunities to sell our used cars to a large number of individuals and corporate organizations.
Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Automotive Dealer. Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings. Every goal needs objectives that serve as the stepping stones that pave the way to its attainment.
Number and Kind of Businesses in the Area in the Industry —There are four new car dealerships in Alpena that offer a line of used vehicles. Sales personnel merely had to find out who could afford a new car. We are quite aware that there are several used car dealership garages all over Philadelphia and even in the same location where we intend locating ours, which is why we are following the due process of establishing a business.
The capital you raised is what you will use to stock — up your store. However, mechanic services are demanded during all economic climates and the Company will be able to generate highly predictable streams of revenue from this aspect of the business.
Have you got the right visitors to help you do your plan. Raise Your Startup Capital -: Miller offers new and used vehicles but are not very aggressive. These figures have been meticulously researched and should be very close to the actual amounts. So also, unfavorable government policies may also pose a threat to businesses such as ours.
We have conducted our market research and feasibility studies and we have ideas of what our target market would be expecting from us. As a matter of fact, your feasibility studies would give you an idea of the spare parts and brand that is in high demand in the city you intend establishing your auto parts store.
This creates demand for a more rugged, durable unit such as light duty trucks and vans. Responsible for signing checks and documents on behalf of the company Evaluates the success of the organization Admin and HR Manager Responsible for overseeing the smooth running of HR and administrative tasks for the organization Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
The business will also provide minor vehicle repair services, which will generate substantial streams of high margin revenue for the Used Car Dealer. The Company does not intend to offer expansive vehicle repair services as the facility will not be completed for complete automotive diagnostics and repairs.
However, studies completed by the used car dealership industry have founded that the addition of minor automotive repair services significantly increase per ticket revenues and provide locations with a more steady stream of clients.
It makes it easier for you to learn the ropes and how to manage your own auto spare parts stores. The company's goal is to provide the customer with an enjoyable, honest service by satisfying individual customers practical transportation needs with a quality product.
Sales Forecast When it comes to used car dealership business, if your garage is well stocked with various types of used cars from different manufacturing brands and models and centrally positioned, you will always attract customers and that will sure translate to increase in revenue generation for the business.
Car Dealership Business Plan Template – Download Now. Simply fill-in the blanks and print in minutes! Instant Access to 1,+ business and legal forms.
Download samples of professional document drafts in Word .doc) and Excel .xls) format. The car dealer business plan template is fully geared towards the car dealer retail business.
Easily add project plans, phasing diagrams, floor plans, specific plans and more as is needed. Easily insert financial data from the financial application. This template is easy to download and print. Each free business plan template is available in Microsoft Word (DOC) format, and many of the Business Plan Forms are available in Excel (XLS) format as well.
Just choose a business plan template and download it. Car Dealership Business Plan Template – Download Now. Simply fill-in the blanks and print in minutes!
Instant Access to 1,+ business and legal forms. Download samples of professional document drafts in Word .doc) and Excel .xls) format. Create your own business plan Business planning has never been easier. With complete sample plans, easy financials, and access anywhere, LivePlan turns your great idea into a great plan for success/5(51).
The business will also provide minor vehicle repair services, which will generate substantial streams of high margin revenue for the Used Car Dealer. The third section of the business plan will further describe the services offered by the Used Car Dealer.
The Financing. Mr. Doe is seeking to raise $, from as a bank loan.Auto dealer business plan template