High Performance
 |
 USED SWECO HIGH PERFORMANCE TURBO CLASSIFIER MODEL TS18  US $7,500.00
|
 High Performance Hotmelt Adhesive Dispensing KB 100 US $3,995.00
|
 Goldline High Performance Spindle Motor 1 604 0002 US $2,450.00
|
| Powered by phpBay Pro |
How much is the markup on high performance boats?
I'm looking at starting a high performance boat dealership long term (Cigarette, etc.) Obviously, very few boats are sold in this market so what markup can i expect on these boats. If you have experience in this field, is there any money in this.
Thanks
I spent a few years at a Fountain dealership, here are some observations. As the value of the boat increases, the margins drop. For instance, on a boat that retails for $50,000, you might have a markup of 25%. On a $500,000 boat, your margin can be as low as 6%. The costs on keeping an inventory of performance boats is much greater, most manufacturers do not offer terms, so your line of credit at the bank costs almost as much as any profit you may see. You can recover your costs in after sale service and accessories, fuel sales, berthing, etc. Most of the manufacturers will have a minimum purchase amount for there dealers, so you may have to carry $2-3 million in inventory. If you don't sell this inventory, there are no returns to the manufacturer, so you may end up having to sell the non-current boat at a loss just to make room for this years models. You had best have a large circle of friends and aquaintences who have an interest in performance boats, this is where your sales will come from.
We sell a river racer style boat and outboard package, a 21' boat with a Merc 250 XS. Our suggested retail is $46,000, the last one we sold for $38,000, which is about the break even point. Since the sale, we have sold the owner another $ 7500 in upgrades, and a couple of grand in fuel. The motor is coming in this winter for some tweeking and upgraded fuel delivery system, so i'll make a bit more in labor.
Good luck in your venture, but if you think you're going to get rich fast, think again. The only reason people stay in this business is because of a passion for boats, so if you don't love boats, you are better off trading sow belly futures.
High Performance Web Sites and YSlow
|
|
USED SWECO HIGH PERFORMANCE TURBO CLASSIFIER MODEL TS18 US $7,500.00
|
High Performance Hotmelt Adhesive Dispensing KB 100 US $3,995.00
|
Goldline High Performance Spindle Motor 1 604 0002 US $2,450.00
|
![Morse 127744 High Performance Riveted Roller Chain 140 1021FT w Link 55]](http://www.myironknights.com/images/e/380440014103_0.jpg)
![ATI STELLRAM High Performance Hardcore Carbide Drill SHD1330 0524 501 HA GB87]](http://www.myironknights.com/images/e/120782564167_0.jpg)
 HIGH PERFORMANCE MACHINING HANDBOOK US $50.00
|
 NEW VCGT 220516 High Performance Polished Inserts for ALUM US $50.00
|
 Absolute Filtration High Performance Filter P N 525A 5µ Box of 4 NIB US $50.00
|
 Supermill 3 8 x 020 R Alcrona All Purpose High Performance Carbide End Mill US $41.75
|
| Powered by phpBay Pro |