What does it take to open a Lexus Dealership?

  • Thread starter Thread starter PorscheGT3
  • Start date Start date
The first thing you need to find out is if Lexus has any franchises available in your area.

You will need enough capital to rent/buy and equip a location, hire a staff including Lexus certified mechanics and purchase an inventory of vehicles. You are also going to need to provide a sound business plan to Lexus to ensure that you will be able to grow the business and survive, complete with financial details to prove that you have the working capital to sustain the business while getting it started.

Lets say you need $5,000,000.00 to get started, you will need at least that much in reserve to float the business will building sales.

The costs will vary based on real estate costs in your area as well as labor rates. It will be a substantial amount of money.
 
The first thing you need to find out is if Lexus has any franchises available in your area.

You will need enough capital to rent/buy and equip a location, hire a staff including Lexus certified mechanics and purchase an inventory of vehicles. You are also going to need to provide a sound business plan to Lexus to ensure that you will be able to grow the business and survive, complete with financial details to prove that you have the working capital to sustain the business while getting it started.

Lets say you need $5,000,000.00 to get started, you will need at least that much in reserve to float the business will building sales.

The costs will vary based on real estate costs in your area as well as labor rates. It will be a substantial amount of money.
 
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