this seems to be an on going problem
Seems this is happening often, the South Bend, IN dealer closed last year, a dealer in northern New Jersey just closed a few months ago and he retailed 120 new bikes last year. I talked with him at length and he said he just could not generate enough revenue to keep the doors open.
I was friends with the former head of dealer develpment for BMW motorcycle, he has since gone to work for Toyota. He said that BMW was insistent for new dealers to be BMW only. I have been in the motorcycle business for 20 years and I just don't know how this business model makes sense. A typical Harley dealer will sell over 400 new bikes per year and 100 plus used, when you add in parts clothing and service, these guys will generate 15 plus million in gross revenue easily. A BMW dealer is a big dealer if they sell 100 new bikes per year, sure some sell more, but many retail less as well. It is awefully hard to make any money when all is said and done when you are only selling 100 bikes a year.