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Farm Machinery
Machinery
How Much Capital would you need to start a Dealership?
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<blockquote data-quote="D14" data-source="post: 7455887" data-attributes="member: 49382"><p>A friend of mine went through these motions 15 years ago with JD. Back then it was £1 million and that was when a 150hp tractor was £50,000. You obviously needed premises that met criteria and then it was money into stock as well as parts. There were various incentive schemes also available. This was before JD started putting money into dealers directly to keep them afloat though. So today things might look very different. I would think if you had the location and premises in an area where they needed a dealership you could negotiate a more partnership type arrangement.</p></blockquote><p></p>
[QUOTE="D14, post: 7455887, member: 49382"] A friend of mine went through these motions 15 years ago with JD. Back then it was £1 million and that was when a 150hp tractor was £50,000. You obviously needed premises that met criteria and then it was money into stock as well as parts. There were various incentive schemes also available. This was before JD started putting money into dealers directly to keep them afloat though. So today things might look very different. I would think if you had the location and premises in an area where they needed a dealership you could negotiate a more partnership type arrangement. [/QUOTE]
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How Much Capital would you need to start a Dealership?
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