05-08-2006, 07:53 AM
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#1
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Registered User
Join Date: Jul 2004
Location: Houston, Texas
Posts: 7,243
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A friend's dad opened a Chevy dealership years ago. He needed 1.5 million bucks to do it. I would imagine a new Porsche dealership would require at least as much capitol plus a hefty debt to build the building, buy the land, outfit the service bays, etc.
I can't think of any reason why any sane person would want to own a car dealership unless they grew up in it and didn't know any better.
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05-08-2006, 08:10 AM
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#2
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Registered User
Join Date: Jun 2004
Location: Des Moines, IA
Posts: 8,083
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Capital and experience. And lots of capital, did I mention that?
oh, and being German helps too!
:dance:
__________________
Rich Belloff
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05-08-2006, 08:13 AM
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#3
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Registered User
Join Date: Sep 2005
Location: Sacramento
Posts: 3,417
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Quote:
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Originally Posted by Brucelee
Capital and experience. And lots of capital, did I mention that?
oh, and being German helps too!
:dance:
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Every German mechanic I met has been named "Hans".
__________________
-99' Zenith Blue 5-spd...didn't agree with a center divider on the freeway
-01' S Orient Red Metallic 6-spd...money pit...sold to buy a house 
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05-08-2006, 08:38 AM
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#4
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Registered User
Join Date: Jun 2004
Location: NYC
Posts: 121
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Let's all chip in
This way we can get our Boxsters, parts and service at cost.
bob
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05-08-2006, 08:48 AM
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#5
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Registered User
Join Date: Sep 2005
Location: Minneapolis/St. Paul, Minnesota, USA
Posts: 3,308
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Hi,
I seriously doubt that there are any Franchise opportunities at all in the US. The existing Dealers will all have geographically based non-compete clauses in their Dealer Franchises.
For Porsche and a new Dealer to open one, the affected existing Dealers would have to relinquish part of their acquired rights to that geographical area, after being duly compensated of course. This could turn out to be the biggest expense of the whole package.
Given the high cost of entry and the limited sales, it would probably not make sense as a stand-alone dealership, rather an existing Dealer of other Marques may be able to make it work, but only through consolidating and ammortizing costs between the various other Dealerships they owned.
As a Stand-alone, I expect you couldn't produce a credible Business Plan which allowed you to turn the corner in less than a decade, maybe more, anything less would be so optimistic as to be labeled Fantasy by any Bank or Lending Institution...
Happy Motoring!... Jim'99
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05-08-2006, 10:07 AM
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#6
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Registered User
Join Date: May 2004
Location: Denver CO
Posts: 748
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There are NO Porsche dealerships in Montana, Wyoming, and South Dakota.
Looks like a major opportunity to lock up three states. All those miners, cowboys, and potato farmers are doubtless salivating at the chance to buy a Cayenne Turbo. Rag top sales might be thin upon the ground, however.
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05-08-2006, 10:39 AM
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#7
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Registered User
Join Date: Nov 2004
Location: New Jersey
Posts: 8,709
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you have to see the front caliper on that Cayenne TurboS. 
How about this would Porsche cooperate in setting up a service center where ONLY certified Pre-Owned Porsches would be sold?
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