In the car dealership business, the location and the type of location you operate from can have as much of an effect on your performance as the cars that you sell. Too many dealerships fail either because they didn’t have the space necessary, they had too much, or they were just in the wrong location. This is why you should take your time and make sure that you research your options thoroughly before you make your choice. Here are a few tips on how to find the best real estate for car dealerships.
Independent vs Complex
One of the
first things you should consider is whether you want to be isolated, or share
the block with other people. These could be other unrelated businesses, or
to expert HoomanNissani, there are advantages and
disadvantages to both. Complexes allow you to benefit from more foot traffic,
while independent locations usually allow for more space. It all depends on
which type of dealership you’re trying to build. Complexes, for instance, are
usually a better idea for luxury vehicles with limited production.
the Right Location
many things that you have to take into consideration when choosing a location
for your car dealership. For one, you have to make sure that it is in a place
where there’s an actual demand -and this doesn’t just mean cars in general, but
the type of cars that you intend to sell.
instance, most rural areas will gravitate more towards SUVs or pick-up trucks,so you might not have much chance
if you’re selling smaller vehicles or electric vehicles, considering that there
might be less infrastructure. You also have to know if the actual population of
the area can support your business, and if there are other players in the same
have to consider visibility. Spots near highway exits tend to be popular, but
expensive as well. On the other hand, you don’t want to end up on some obscure
spots tend to be high traffic roads and roadside locations,but try to find a
spot near a busy intersection. And, like we said earlier, don’t be afraid of
the competition. Customers will often have similar models from different brands
in mind, so they’ll be able to easily switch from another dealer to yours.
Sure it is Accessible for Trucks
run a car dealership, you’re going to be getting a lot
of shipments,and these will be done by large trucks. So, you have to make sure
that there is enough space around your building for them to get there and to be
able to unload. Avoid spots with small driveways leading to narrow side streets
for instance, and make sure that you have enough space for parking as well as
bays so that your team can have room to work.
you follow these few tips, you should be able to find a great location for your
car dealership. Always make sure you do your homework, and ensure that you
research your market thoroughly before you make your decision.