Anybody know how I go about buying a Toyota dealership?

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Old 26 Jun 2010, 08:36 pm   #1 (permalink)
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Default Anybody know how I go about buying a Toyota dealership?

Anybody know how I go about buying a Toyota dealership?
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Old 26 Jun 2010, 08:55 pm   #2 (permalink)
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Consult with a good attorney.
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Old 26 Jun 2010, 08:55 pm   #3 (permalink)
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come up with a buttload of money then make the local dealer an offer
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Old 26 Jun 2010, 09:00 pm   #4 (permalink)
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Yeah, all you have to do is put a few $ down and they build one for you. Are you kidding me? It costs MILLIONS of dollars before you open the doors. Go cook dinner.
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Old 26 Jun 2010, 09:05 pm   #5 (permalink)
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Contact Toyota! Its not simple to start a dealership carrying big makers like that. They have to approve you, you'll need tons of capital... yada yada. You'll need a great loan or investors. Good luck... hope you can do it.
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Old 26 Jun 2010, 09:07 pm   #6 (permalink)
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go to toyota.com and get to cust serv and call them. If I had money like that I would support an AMERICAN company.
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Old 26 Jun 2010, 09:10 pm   #7 (permalink)
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Not as simple as having the money. IIRC they are rather peticular about who they will franchise to. If your background in car sales and managment is limited. You simply may not be able to get a dealership. hope this helps a little
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Old 26 Jun 2010, 09:20 pm   #8 (permalink)
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Like any other franchise you need the money, location and approval from the company selling franchises. Do you have a back ground in the auto industry? Have you or do you now own a dealership? Do you have a record that can show the volume you will be able to sell? Do you have millions of dollars? Get a business attorney and contact Toyota.
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Old 26 Jun 2010, 09:29 pm   #9 (permalink)
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Start small-open a Mcdonalds first.
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Old 26 Jun 2010, 09:30 pm   #10 (permalink)
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There's a saying on Wall St. "buy low and sell high"































You're looking to buy high, if you catch my drift. Buy a Hyundai dealer if you want to buy low and catch the next big thing.
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