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BMW 3-Series (E90 E92) Forum > BMW E90/E92/E93 3-series General Forums > New & Preowned BMW Ordering / Pricing / Tracking Information Forum (including European Delivery) > BMW Dealer Reviews + Ratings Forum > Let's Buy a BMW Dealership....



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      04-28-2006, 10:05 AM   #67
MoreCowbell
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I'm think Purely Alpina is not the way to go. Let me ask you guys this...How does the Auto-Broker business work?
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      05-07-2007, 11:29 PM   #68
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      05-14-2007, 09:46 AM   #69
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Let me know where you can buy a BMW dealer on the East coast for $2-3 mil and I will take 2 of them. The last dealer in this area to be sold was Greenwich BMW in CT to DCH that went for well over $50 mil if you include debt repayment etc. Dealerships are always in play just have to know the right people and have a big check book. The big guys that own 30 plus dealers (not all BMW) are out there snatching up anything they can get there hands on.
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      05-14-2007, 09:51 AM   #70
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Meanwhile...you could buy a GM dealership now for Pennies on the Dollar...
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      05-14-2007, 04:46 PM   #71
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whoa- if you bought a BMW dealership can I be a manager? I would relocate just for that. lol
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      05-14-2007, 06:43 PM   #72
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got many millions?
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      05-19-2007, 05:07 PM   #73
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Two BMW dealerships just sold in California, one for $55M the other for $65M plus inventory! Good luck raising that much cash!
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      05-30-2007, 02:40 PM   #74
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IMHO, firm/entrepreneur raises that kind of cash on loan.

Banks may give you loan, consider this one of the dealers around here sells about 200 BMW a month, if each car gives them gross profit of $2000 (low estimate) that generates cash flow of about 400K. Not to mention, service, part sales etc. Last I check on my service bill was $1048.

BTW, if I had 55mil, a 5% a year on money market will make me happier than owning a BMW dealer.
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      05-30-2007, 03:15 PM   #75
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65 mil + inventory?? the dealership isn't worth jack without their inventory and the property and fixed assets
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