High Performance
What is the markup on high performance boats?
I'm looking to start a boat's performance long-term concession rates (cigarettes, etc.) Obviously, very few boats are sold on this market if this markup can I expect on these boats. If you have a experience in this field, is there money in this area. Thank you
I spent a few years at a dealership Fontaine, here are some observations. As the value of the boat increases, the lower margins. For example, on a boat that costs $ 50,000, you could have a markup of 25%. On a $ 500,000 boat, your margin may be as low as 6%. The costs of maintaining an inventory of vessels is much greater performance, most manufacturers do not offer terms, if your credit line at the bank cost almost as much as you can see profits. You can recover your costs and after-sales service accessories, fuel sales, parking, etc. Most manufacturers have a minimum purchase amount for there to dealers, so you may have to 2 or 3 million dollars in inventory. If you do not sell this inventory, there is no return to the manufacturer if you can end up the obligation to sell the boat to non-current loss just to make room for this model year. You'd better have a large circle of friends and aquaintences who have an interest in boats performance, this is where your revenue will come. We sell a style river boat race and outboard package, "a boat 21 with a 250 XS Merc. Our suggested retail price is $ 46,000, the last we sold for $ 38,000, which is about equilibrium. Since the sale, we sold the owner another $ 7,500 in upgrades, and a couple of grand in the fuel. The engine is Coming this winter for some tweeking and updated system of fuel delivery, so I'll do a little more work. Good luck in your business, but if you think you'll get rich quick, think again. The people only stay in this business is because of a passion for boats, so if you do no boats, you're better off trading futures sow belly.
High Performance Imports v.8 – Girl Drifting S14
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