Franchise FAQ

how much is an indian motorcycle franchise

by Enid Stehr Published 2 years ago Updated 1 year ago
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Who is the largest Indian Motorcycle dealer in USA?

Because Indian Motorcycle® of Daytona Beach is the World's largest volume Indian Motorcycle® dealership, we offer Florida's largest & latest inventory of new Indian Motorcycle® and Polaris® Slingshot®, including rare, limited-edition and even vintage models..

Who owns Indian motorcycles now?

Polaris Inc.Indian Motorcycle (or Indian) is an American brand of motorcycles owned and produced by American automotive manufacturer Polaris Inc. Independent operations ended in 1953; resumed operations in 1999 in Gilroy, CA. Purchased by Polaris Industries in 2011. Polaris Inc.

What is Indian Motorcycle Company Worth?

$2.5 bnBoth companies are owned by parent company Polaris Motorcycles and for the first time in its 110 year history, Indian will be owned by a company with a net worth of $2.5 bn portfolio.

How long did Indian motorcycles go out of business?

Unfortunately, Indian Motorcycle Manufacturing Company ceased operations and discontinued production of all models in 1953. In 1955, Brockhouse Engineering purchased the rights to the Indian Motorcycle name and sold imported Royal Enfield models branded as Indian Motorcycle models until 1960.

Is Harley better than Indian?

In terms of raw performance, Indian often has the advantage over Harley, but typically by what are negligible amounts, though H-D does produce models with spec sheets that best their Indian-made direct competitor.

How do Native Americans feel about Indian Motorcycles?

On one hand, some Native Americans have latched onto the nostalgia embodied in the heritage brand. “A lot of Natives buy Indian Motorcycles,” he said. “We've kind of adopted the motorcycles into our own genre, our own presence.” Others see it differently. “There are members of the club who find it offensive, for sure.

How many Indian Motorcycle dealers are in the US?

196 Indian Motorcycle dealershipsThere are 196 Indian Motorcycle dealerships in the United States as of October 17, 2022. The state with the most number of Indian Motorcycle locations in the US is Texas, with 19 dealerships, which is about 10% of all Indian Motorcycle dealerships in the US.

Why are Indian motorcycles so expensive?

A brand new Indian costs anywhere between $11,000 and $38,999, but why are Indian Motorcycles so Expensive? Indian motorcycles are expensive because of their cutting edge performance-based technology, their high-caliber team of engineers, mechanics, and designers.

Why did Indian Motorcycle go out of business?

The Gilroy, California company announced it would shut its doors on Friday, September 19, 2003, after failing to obtain necessary financing to continue operations. The announcement comes 50 years after the first Indian Motorcycle company ceased operations and five years after the current entity was created.

What is the most American made motorcycle?

While Harley Davidson is indeed the quintessential “all-American motorcycle company”, America has produced a number of important, notable, and otherwise influential motorcycle manufacturers. Indian comes to mind, but they are not the only ones.

What engines do Indian Motorcycles use?

Indian Motorcycle PowerPlus Engine Specifications:Engine Displacement:108ci (1,769cc)Architecture:60-degree V-twin, liquid-cooled, SOHC, 4 valves/cyl.Bore x Stroke:108.0mm x 96.5mmCompression Ratio:11.0:1Claimed Horsepower:122 hp @ 5,500 rpm7 more rows•Oct 22, 2019

Do Indian motorcycles have electrical problems?

In 2019, the Indian Motorcycle branch of Polaris issued a recall on multiple models, including the Chieftain line, due to what was categorized as an electrical system failure, specifically it faulty circuit breakers.

Did Harley Davidson buy Indian Motorcycles?

In 1981, 13 Harley execs bought their company back from AMF. And in 2011, Polaris Industries bought Indian.

Why did Indian motorcycles go out of business?

Indian of America had a factory in Gilroy, California, and produced a viable machine, a big Twin styled like the old Chief and powered by a version of a Harley clone. But the funding wasn't enough, sales did not meet hopes and the firm went bankrupt in 2003.

Where are Indian motorcycles made now?

Spirit Lake, IAToday, the tradition of premium craftsmanship in American manufacturing lives on at the Indian Motorcycle factory in Spirit Lake, IA; the home of Indian Motorcycle and the birthplace of each new bike we make.

Does Indian make their own engines?

The Indian Motorcycle motors are manufactured in Osceola, Wisconsin, in the Indian Motorcycle Manufacturing Company plant. The engines are expertly put together by hand with constant checks on quality control aspects. Each bike is assembled by riders, for riders, in Spirit Lake, Iowa.

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How to make a motorcycle dealership successful?

Survey your market. In order to appeal to investors for financing and run a successful business, it’s important for you to know the area where you’ll set up shop and how to make your dealership successful in it. Judge how in-demand a motorcycle dealer will be and where to put your shop. Stay far enough away from competitors while also staying in an area where business will be strong.

How to find out the cost of a franchise?

For a franchise, look online. Many of them have basic estimates, but when you get into contact with them they'll help you figure out the entire cost. No matter what, the budget requires calculation from you or an accountant. It's up to you to investigate costs such as how much you'll need to spend on inventory, getting a suitable facility in your area, compensating workers, and so on. You also have to consider less obvious expenses such as advertising, shipping, and utility bills.

How to sell motorcycles?

Obtain proper licensing. Speak to your local government in order to find out what kind of license you need to sell motorcycles. This can be a lengthy process and involves proper documentation and background checks to see if your business practice is ethical. You will have to pay fees for the application and any dealer license plates then wait months for the application to be approved.

How to get financing for a car dealership?

There are various methods. The most obvious one is to go to the bank or government and get a loan. Financial institutions have various types of loans, debt financing, and credit lines that will help you. There's also a chance you can convince someone to go into business with you or invest money in your dealership. Much of the funding, though, will need to come from your own savings and what you borrow from the people you know.

How much does Polaris require?

Polaris for example as of 2017 requires about $150,000 to $200,000 in a minimum investment not including facility costs, but also requires a $500,000 credit line. ...

How to open a Harley-Davidson franchise?

To open a franchise of a major brand such as Harley-Davidson or Indian Motorcycles, start by visiting their website and submitting their application. This prospective application gets you in contact with one of their representatives who will discuss your qualifications.

Who has to fill out a dealer application?

Anyone buying an existing dealership also has to fill out this prospective dealer application.

2021 Indian Motorcycles

Indian® Motorcycle Company is one of America¡¯s oldest and most iconic motorcycle brands. It first went out of business in the 1950s but was resurrected under new ownership in the 1990s. However, despite adventurous plans and some promising new product, that iteration of the company went under in 2004.

Find a Used Indian Motorcycle

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Interested in buying a new motorcycle? Find a Indian Motorcycle Dealer now!

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Where are Indian motorcycles made?

Indian Motorcycles is of course one of America’s oldest and most storied manufacturers. The original Indian produced bikes in Springfield, Massachusetts, from 1901 until the bottom fell out in 1953, after which the Indian name was acquired for use by a series of would-be manufacturers. Some slapped the name on imported bikes, others built their own Indians with limited success – but all ultimately failed to thrive in the marketplace for one reason or another. The Indian brand, though, is one of those classic American marques that’s so far proved impossible to kill, right up there with Harley-Davidson and Coca-Cola.

How much horsepower does an Indian bagger have?

All new for 2020, Indian’s latest bagger is powered by a 108-cubic inch liquid-cooled V-twin that puts out a claimed 122 horse power and 128 foot-pounds of torque, and lets you twist the tachometer needle past 6000 rpm whenever you feel the need. That kind of performance is unprecedented in an American bike that wants to take on the H-D Road Glide, and the rest of the Challenger has all the latest high-tech equipment to carry the day, including a big TFT display, Bluetooth connectivity, awesome stereo that goes to 11, and a great ride with 4.5 inches of rear suspension travel.

How many FTR1200s will be made in 2022?

Now, Indian’s brought three new 2022 FTR1200s to bear (FTR, FTR S, and FTR R Carbon), all with 17-inch wheels front and rear shod in proper sportbike rubber, revised suspension to suit, a lower seat, a refined engine tune, advanced electronics, and – Indian hopes – a whole new appeal for people who have no intention of leaving the pavement.

What is the FTR1200?

Naturally, Indian parlayed the FTR750’s racing success into a uniquely American performance street motorcycle asap. The FTR1200 debuted in 2019, with a modern 120-horsepower liquid-cooled 1200 cc V-twin housed in a flat-track/naked-bike chassis, with custom Dunlop street tires mimicking the look of dirt-track racing rubber. Nobody quite knew how to classify the FTR: Part dirt-tracker, part Ducati Monster, and part ADV bike with its upright street-friendly ergonomics and longish-travel suspension, the FTR carves out its own unique, hooliganistic niche as a motorcycle that’s a hoot to ride just about anywhere.

What do you need to own a Honda dealership?

In addition to strong market knowledge, successful business experience and financial ability, Honda dealership owners must have a strong business vision, demonstrated leadership and management skills and be capable of producing and executing a detailed business plan for the operation of the dealership.

How does a dealership's success depend on its owner?

The success of the business depends greatly on the direct focus and attention of the owner(s). Advertising and promoting the dealership’s activities and striving to constantly improve the dealership’s operations is imperative.

What is Honda dealer experience?

Every Honda is designed to enhance the rider experience, helping them explore, work and connect in meaningful ways. The dealer experience is no different. We put the customer first in everything we do, developing long-term relationships based on a shared passion for riding. If this sounds good to you, maybe it’s time you became a Honda Dealer.

Who is responsible for the day to day operations of a car dealership?

The majority owner must commit, to the day-to-day on-site management of the dealership. While some dealers will hire a general manager to oversee the operations of their business, the success of a new dealership depends greatly on the direct focus and attention of the owner(s).

Is an American Honda dealership required to get approval?

Although approval is ultimately required by American Honda, the research to find the best facility / location is the responsibility of the dealer applicant. Your knowledge and understanding of the local market you are applying for will be a tremendous asset in determining where your dealership should be located.

Does American Honda accept liability for dealerships?

All awards of dealerships must be approved in writing by an officer of American Honda and must undergo a thorough evaluation process. American Honda does not assume any obligation of liability for any costs you may incur in preparing or submitting any information to American Honda.

Is American Honda a customer facing company?

In select cases, American Honda offers a unique approach to an exclusive Honda customer-facing environment. All new dealers are required to meet Honda's dedicated department size for sales, parts, service and storage areas with an exclusive customer-facing operation. Please contact Dealer Development for full details.

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