Writing a Business Plan for a Used Car Dealer
In any economic climate, people are going to continue to require vehicles. As such, many of these businesses turn to use car dealers in order to acquire a high quality pre-owned vehicle or car that they can to simply afford to get from point A to point B. Deutsch and Thomas has worked with a number of used car dealers in the 14 years we have been in business.
We are familiar with all the revenue streams generated by these businesses not only from the sale of used vehicles but also from automotive repair services that are often combined with these types of businesses. We have also frequently worked with dealerships provided substantial amount of financing to clients regardless of their credit quality. All the work we do is done specifically to specifications our clients, and we can work very closely with you to develop a used car dealer business plan specific to your needs.
When we develop a business plan, we always focus on providing a five-year outlook for the business. This includes a financial model that has a profit and loss statement, common size income statement, cash flow analysis, balance sheet, breakeven analysis, and all applicable business metrics. We also focus substantially on the fact that a number of pre-owned vehicles will be acquired using the funds saw from either a financial institution or private investor. In each business plan that we write, we focus significantly on the economic viability of these businesses in any economic climate especially if automotive repair services are paired with the sales of used cars. We also provide all the necessary industry research specific for the use car industry as well as all local market research as well – including a competitive analysis.
If you are interested in having a professionally written business plan for your used car dealership, please feel free to contact Deutsch and Thomas anytime at 646-216-9844 or through the contact us form on this website.