What you need to open your car dealership

Economic stability in the country gives businessmen the opportunity to think about long-term investments that could potentially bring significant profits. These types of business, in particular, include the opening of a car dealership for the sale of new cars.

Despite the fact that the car market in Russia is approaching a glut, an unoccupied niche can be found. This applies to a particular brand of car, and the region of its implementation. However, you need to seriously study the potential market so that significant investments are not wasted, and your salon does not close due to unprofitability.

First steps

To open your car dealership, first of all, it is necessary to register the company, choose the form of ownership and activity codes, register with the tax service. After that, you can begin negotiations with car manufacturers. Keep in mind that many automobile concerns have rather stringent requirements for their dealers, and some even require that only their make should be in the car dealership. The location of your future salon, its area, design, the availability of additional services, such as the sale of original spare parts, authorized service, a test drive, depend on these requirements.

Having entered into an agreement of intent with one or more manufacturers, you can begin to search for a suitable building or its construction. You will need a sufficiently large area that will allow you to present the maximum range. The main expenses for opening a car dealership are connected with the premises and can vary from half a million dollars in the regions to two to three million dollars in the capital. Naturally, the price range depends not only on the cost of land and construction work, but also on the requirements of a particular automaker.