Tuesday, February 23, 2021 8:27:09 PM
Distributor's gross profit margin, as stated by the company, will be in the range of 20% - 22% per vehicle.
This means that there will be in the neighborhood of $4,000 - $6,000 "commission" for every ET5 Imperium sells. Let's average $5,000.
Now multiply that by 1,000 = $5,000,000
Year two: 2,000 X $5,000 = $10,000,000
Year three: 3,000 X $5,000 = $15,000,000
Year four: 4,000 X $5,000 = $20,000,000
Year five: 5,000 X $5,000 = $25,000,000.
These would be the gross profits on the ET5 ALONE!
Now, do I have to explain the benefit of NOT being the manufacturer... no huge capital outlay... no years of construction... no years of testing.
Once dealerships are up and running and trained, this 20% will be collected PER VEHICLE ordered and sold by each dealer. Low overhead, high profit!
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