Apollo Tyres Dealership is one of the best tyres dealerships in terms of profit margin and affordability. We will discuss Apollo Tyres Dealership Cost, Profit, and How to Start the Dealership in 2024.
Apollo Tyres Dealership has 7,000+ dealers PAN India. You can directly enroll for the Apollo Tyres Dealership by filling up the Google Form.
Table of Contents
Apollo Tyres Dealership Cost
Apollo Tyres Dealership cost is 17,20,000 Rupees as an Initial Investment. The minimum area required is 500 Sq. Feet Godown. Branding and Shop development will be handled by the brand. The Brand also helps in connecting with the local contractors.
|Security Deposit (Refundable)||1,50,000 Rupees|
|Other Expenses||45,000 Rupees|
|Total Investment||17,20,000 Rupees|
Apollo Tyres Dealership Profit Margin
Apollo Tyres Dealership Profit Margin (Gross) revolves around 18% profit margin on products. So you will be able to scale the business, and you will be able to generate higher income. The Sales volume is high in the paint business.
If the Sales are 4,00,000 Rupees per month then the Net profit margin will be 32,000 Rupees (i.e. 8%). After good Local Marketing and Branding, the Sales will increase to 6 Lakh Rupees per month and then the net profit margin will be a profit of 48,000 Rupees.
Location plays a very crucial factor in determining the success rate of a dealership along with quality and service.
The location should have a very high footfall. It should be in the main market of that area. A corner outlet is the most preferable option. You can open the outlet near places where people demand high for Tyre shops.
How to get Apollo Tyres dealership
You can directly fill out our Google form or you can also apply to www.apollotyres.com, fill out all required information, and submit the question form.
Within 24 hours, you receive a call from the Apollo Tyres representative. He’ll set up a meeting with you to learn more about your financial and industry experience.
The density of other Nippon paints dealers in your area, your experience in the field, shop location, financial background, site condition, and other factors all play a role in your eligibility for the dealership.
Make sure that there isn’t another Nippon paints store within a 2-kilometer radius of your proposed location. The dealerships are legally bound for a 2 km range.
- To become Apollo Tyres Dealer, you must have documents like
- Nippon paints Authorization Certificate
- Trade License
- GST Registration
- Land Documents/Agreements, as well as the shop
- A bank statement for the previous six months
- 3 Blank Cheques
- Electricity Bill
- Ration Card
- Qualification Certificate
- Photograph, Email Id, Mobile Number, Current A/C, and PAN Card
- NOC for a shop agreement/sale document
Thanks for reading the blog, If you have any queries regarding the dealership then you can ask me in the comment box or on my
For more such informational franchise/dealership blogs, you can check our franchise/dealership review list here- https://aftercolleges.com/category/franchise-business