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Mid-size RV dealers reported losses averaging $22,548 during January, according to consultant firm The Spader Companies.
The Spader firm defines mid-size RV dealerships as having $5 million to $10 million in annual sales.
Previously, the Spader firm only distinguished between dealerships with less than $5 million in annual sales and those with more than $5 million in annual revenue.
Because the mid-size dealership category was created this year, the Spader firm does not have prior year’s figures from which to draw comparisons.
However, here are some of the most important measures for mid-size dealerships tabulated by the Spader firm:
The average mid-size dealership had $237,365 in new RV unit sales revenue during January and its new RV unit inventory was valued at $1,691,907 as of last Jan. 31.
The gross margin for the average mid-size dealership was $84,115 in January, while expenses averaged a total of $106,683 that month.
Total sales revenue at the average mid-size RV dealership amounted to $383,377 in January.