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post #1 of 16 Old 11-03-2003, 9:00 PM Thread Starter
 
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Re: dealers

I want to start a dealership in my area...it is something I have always dreamed of...so I think its due time i look into it much further. Where the heck can I get information on this? anyone know anything? I am just beginning research on doing something like this...so any tips will help! I need to know franchise info and all!

thanks in advance!

Team Honda - well sorta...
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post #2 of 16 Old 11-03-2003, 9:06 PM
 
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Re: dealers

Get in touch with the manufacturer of choice for the franchising info. That's your best bet!
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post #3 of 16 Old 11-03-2003, 9:12 PM
 
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Re: dealers

The way I understand it...you can't really start up a new Franchise...without millions of dollars, that is. Best Bet is to buy a dealership (ie:franchise) or the rights thereto already in existence...which is also VERY expensive.

If you never try anything new, you'll miss out on many of life's great disappointments.
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post #4 of 16 Old 11-03-2003, 9:15 PM
 
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Re: dealers

Basic ingredients:

- Lots and lots and lots and lots and lots and lots of time
- Lots of money
- Lots of patience
- Lots of perseverence
- A good measure of luck

...and that's just scratching the surface

"...and you fellas can back me up on this. Once you've seen one woman naked... you want to see the rest of them naked." -Ron White
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post #5 of 16 Old 11-04-2003, 12:53 AM
 
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Re: dealers

I think to start a Honda Dealership, you have to prove that you have something like 2.5 Million dollars in liquid assets. And new Honda Dealers sign that they will sell only Honda.
Chris
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post #6 of 16 Old 11-04-2003, 8:05 AM
 
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Re: dealers

It's very similar to the old saying:

'The way to make a small fortune in aviation is to start with a large one.'

Proofread carefully to see if you any words out.

Post-blade
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post #7 of 16 Old 11-04-2003, 8:12 AM Thread Starter
 
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Re: dealers

are you kidding me? *I need like millions....SUPER! *I have a few family members that are willing to toss some $ into the pot...but I doubt I could get over 1 million. *what a fricking joke. *There are a few to buy around here that SUCK, so maybe thats what I have going for me...I will have to check it out more, and see what I can do!

The nearest Honda dealer in my area is like 50 miles away...but there are no ducati or aprillia dealers in the area either...oh I could just move!




Team Honda - well sorta...
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post #8 of 16 Old 11-04-2003, 8:29 AM
 
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Re: dealers

SMTB: If you want to start an Aprilia dealer simply call Seacoast Sport Cycle in Salem NH, ask to talk to Jesse(owner). He started his Aprilia dealer and you could ask how he went about doing it. He has been in business for like 6 yrs now. Jesse was the #2 dealer in the nation and knows what he is doing. When he started he was in a small, very small shop. He has done so well that he is moving into a brand new building soon. Just a thought. Other then that, I agree you need $$$$$$$ and lots of it.

Dano

Dan
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post #9 of 16 Old 11-04-2003, 8:32 AM
 
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Re: dealers

Reaper...You know Jesse?! Kewl! We do business with him everynow and then. Very nice guy.

...and I think they are currently the number 1 Aprilia dealer in the country... or at least on this side of the Rockies anyway. I forget.

If you never try anything new, you'll miss out on many of life's great disappointments.
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post #10 of 16 Old 11-04-2003, 11:21 AM
 
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Re: dealers

nhff13: Oh yeah I know him. I spent quite a bit of time at the shop when I lived there. Spent some money there to. He's a great guy and always was nice to me and my friends when we ordered stuff through him, also gave us really good deals. I know he has been #1 on the eastside of the country since he started carrying those fine Italian 'pasta rockets' known as Aprilias. In fact he and the other owner got a free trip to Italy to tour the plant a few years back...lucky bastage.

Dano

Dan
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post #11 of 16 Old 11-04-2003, 12:56 PM
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Re: dealers

I think even if you try to buy an existing dealership, Honda still has to approve the sale and/or transfer of the distribution rights.

"It is better to post and risk reposting than to have never posted at all."




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post #12 of 16 Old 11-04-2003, 1:22 PM Thread Starter
 
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Re: dealers

man...this is turning out to be a downer man... I am not going to give up though....research like crazy.




Team Honda - well sorta...
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post #13 of 16 Old 11-04-2003, 1:37 PM
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Re: dealers

My brother and I have kicked around this idea for some time now. We have decided that if we were to do this we would open up a used bike/salvage yard. It may be awhile before this happens though, my brother just sold a business that he owned (or own3d him) for thirty years, I think he wants some time off.

Life always looks better through bugs on a face shield.
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post #14 of 16 Old 11-04-2003, 3:17 PM Thread Starter
 
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Re: dealers

For Honda:

rigth on the money. I would have to have about 1.5 mil in the bank/assets, and I would then have to move to a location of there choice. I would only be able to sell Honda, and Honda only.

Team Honda - well sorta...
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post #15 of 16 Old 11-04-2003, 6:18 PM
 
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Re: dealers

Quote:
ReaperAZ : *In fact he and the other owner got a free trip to Italy to tour the plant a few years back...lucky bastage.

Dano
hehe
Jesse just went there again a couple of months ago.

If you never try anything new, you'll miss out on many of life's great disappointments.
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