How to Get a Nissan Dealership in 2024? Cost, Profit & Investment Details
Nissan Motors & It's Dealership/Franchise
Nissan Motor Co. Ltd commonly known as Nissan makes one of the best vehicles in the world. It is a Japanese multinational automobile manufacturer which has its headquarters present in Yokohama, Kanagawa Prefecture, Japan. This Japanese automobile company was founded way back in 26 December 1933 and is more than nine decades old.
Over the years, Nissan has done a tremendous job in the automobile sector. They expanded their reach and customers to India in 2005. Interestingly, the first dealership of Nissan was opened in Ranchi, Jharkhand.
Nissan Dealership Opportunity
Now, Nissan dealerships have grown rapidly in the past few years. This was only possible because of the quality products and services the Japanese manufacturing company started to offer to the Indian customers.
There are a lot of pros of owning a Nissan dealership and a car. Japanese cars are always reliable and so does their dealerships. Moreover, Nissan is an established automobile brand in the world offering a wide range of cars and SUVs which attracts customers from all segments.
You become a part of a great work process if you are willing to partner up with Nissan and open their dealership. You also get the best products to your dealership for further sales and usage.
How to Get a Nissan Dealership in 2024?
To become a Nissan dealer in the country you are required to go through the basic registration process. Yes, there are some requirements from the company that need to be filled or you will not get to become a Nissan dealer. The application process for becoming a Nissan dealer is online. Here is the process of how one can apply for it:-
- Go to your browser & search for “Nissan Dealer Registration” and click on enter
- The first result that you see on the browser make sure you click on it
- After you have clicked on it an official application form will open up automatically
- You are required to give your personal information and business information on this application page
- Some of the personal information that will be asked in this form are name, date of birth, education qualification, address, state, city, pin code, mobile number, and email address
- The business information that will be asked in the official form is state selection, the city you are applying for, current business details, your automotive industry experience, your number of years in business, the annual turnover that you make from your business, land details and comments
- After you have filled out both sections make sure to recheck them and click on the “submit” button present below the page.
Total Investment Required to Open a Nissan Dealership
Investment plays a very important role in the overall success of your business. Even if you are selecting the franchise business option, you must have a proper enough budget so that you can properly invest in your business.
Getting into the automotive industry requires a huge investment structure. So, before you even plan on opening an automotive dealership make sure you go through the investment very carefully.
Now, the total investment required to open a Nissan dealership ranges between Rs 12-17 crores. Yes, you heard that right, it is a huge investment to open a Nissan dealership in India. Being an international brand it requires lots of taxes and other charges for all the other materials and parts.
Here are the other necessary investments that you need to make when you plan to open a Nissan dealership in the country:-
- Reception area
- Air conditioners
- Initial stock
- Repair area
- Repair parts
- Washing area
- Billing counter
- Furniture
- Coffee machine/tea machine
- CCTV Set-up
How Much is the Profit Margin in a Nissan Dealership?
When you become a part of a reputable brand, profit margin is something that you should not worry about. Similarly, when you have planned to become a dealer of Nissan you get a good profit margin at the end of the month or after every sale.
Being a Japanese automaker, the trust and reliability of the company is something that has grown and will grow more in the coming years. These are some of the reasons why people love buying Japanese products they are trustworthy, and they deliver what they promise.
The profit margin of car dealerships mostly depends on the product type and service type. The heavier the task the more profit you can earn from a service and if you have successfully sold a car to a potential party then you get some commission from it.
Unfortunately, we cannot give you an exact profit margin ratio of a Nissan dealership but, the average profit margin in the country falls between 4-5% on vehicle cost and 15-20% on spare parts.
Yes, the profit margin on spare parts is the highest compared to vehicle cost. If your dealership is getting lots of repairs and maintenance then you earn good profit from those products and services.
Moreover, these profit margins are much higher when they are compared to the international level. Now, some of the best ways you can increase your profit are by making your online presence, optimizing your online optimization, investing in reconditioning, and many more.