Nippon Paints Dealership is one of the best paint dealerships in terms of profit margin and affordability. We will discuss Nippon Paints Dealership Cost, Profit, and How to Start the dealership in 2024.
Nippon Paints Dealership has 14,000+ dealers PAN India. You can directly enroll for the Nippon Paints Dealership by filling up the Google Form.
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Nippon Paints Dealership Cost
Nippon Paints Dealership cost is 7,50,000 Rupees as an Initial Investment. Branding and Shop development will be handled by the brand. The Brand also helps in connecting with the local contractors. Nippon Paints provides low-cost dealerships on an India basis:
|Registration (Refundable)||1,50,000 Rupees|
|Color Mixing Machine (Refundable)||60,000 Rupees|
|Computer & Printer||10,000 Rupees|
|Other Expenses||30,000 Rupees|
|Total Investment||7,50,000 Rupees|
Nippon paints Profit Margin
Nippon Paints Profit Margin (Gross) revolves around 25% to 30% 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 2,00,000 Rupees per month then the Net profit margin will be 40,000 Rupees. After good Local Marketing and Branding, the Sales will increase to 3-4 Lakh Rupees per month and then the net profit margin will be 25% on Sales or a profit of 1,00,000 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 Paint shops.
How to get Nippon paints dealership
To apply, go to www.nipponpaints.com, fill out all required information, and submit the question form.
Within 24 hours, you receive a call from the Nippon paints 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 Nippon paints 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
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