As the automobile industry in India is booming with the adaptation to electric vehicles, this growing trend is creating a lot of business opportunities in the electric vehicle sector.
If you are thinking of starting a business in the fast-growing electric vehicle market, then you can start an electric scooter dealership by taking an ampere electric scooter dealership.
This article includes topics like Ampere dealership cost, profit margin, licenses and documents required, space required, how to apply for the dealership, etc.
Why choose Ampere?
Established in 2008, Ampere is a Coimbatore-based electric scooter manufacturing company. The company has a headquarters in Coimbatore.
Ampere has a 35-acre manufacturing facility in Ranipet, Tamil Nadu with an annual production capacity of 1.2 lakh electric scooters.
The company has two electric scooter models MagnusEX and Reo Plus in the market. Ampere has 450+ dealers spread across 350+ Indian cities.
Licenses and Registrations required
These are the licenses and documents required to start an Ampere dealership.
- Dealership License
- Business Registration – Sole proprietorship/LLP/Pvt Limited
- Shop & Establishment Registration – from the state board
- GST certificate
- Bank statements ( 6 months )
- Networth statement
- Valid land documents / Lease agreements.
- Business Insurance
If you lack capital, then you can approach banks for Business Loan with a proper business plan.
Space required to start a Ampere Dealership
You require a minimum of a 1200 square feet showroom and a 800 square feet workshop to start an Ampere electric scooter dealership.
So overall commercial space required is 2000 square feet. However, you can start an Ampere sub-dealership with 800 square feet of commercial space ( 600 sqft for the showroom & 200 sqft for the workshop).
Ampere electric scooter dealership Cost
To start an ampere dealership, you need an investment of around 35 lakhs to 50 lakhs if you have your own 2000 sqft. space for showroom and workshop.
Here is the break-down of the investment,
- Minimum working capital required -> 30 lakh to 45 lakhs ( to run the business)
- Showroom interior - > 5 to 6 lakh rupees
- Machines and equipments for the service center -> 2 to 3 lakh rupees
- Miscellaneous expenses -> 1.5 lakh upees
- Showroom/Warehouse lease amount - (extra)
The monthly expenses are Showroom/warehouse rent, staff and labor salary, inventory purchase, utility bills, etc.
Profit margin in Ampere electric scooter dealership
Apart from vehicle sales, Ev dealers also make profits from other sources.
The total profit in the Ampere dealership is as follows,
- Ampere Sales Margin -> up to 9% to 13% ( of Ex-Showroom Price )
- Commission from insurance – 14% to 22% ( of OD amount )
- commission from loan – about 2.5% to 5% ( of the loan amount )
- Commission from Accessories sale – 15% to 20%
- Commission from spare parts sale – 15% to 20%
- Margin on service – 25% to 30% (labor charges, engine oil, etc.)
The after-sales service of electrical vehicles is very low compared to traditional internal combustion engine (ICE) vehicles. So a good margin is essential in vehicle sales.
How to get Ampere dealership?
Also, visit them at –
Greaves Electric Mobility, 150/1B, Nanthavana Thottam, Kannampalayam, Sulur, Coimbatore – 641 402
Make sure there is no other Ampere dealer in a 6-7 kilometer radius from your showroom. If there is any Ampere dealer nearby, then the chances of you getting a dealership are very less.
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FAQ about Dealership
How much investment is required for the Ampere dealership?
You require a minimum of 35 lakh to 50 lakh rupees investment to start a dealership.
Shop space required for Ampere dealership?
The minimum space required is 2000 square feet ( for the showroom and workshop).
Profit margin in Ampere scooter dealership?
You can expect a profit margin of up to 8% to 12% on ex-showroom price.
Ampere contact number?
You can call Ampere on 1800 123 9262
I hope this article has resolved many of your doubts related to the Ampere electric scooter dealership. If you have any suggestions feel free to mention them in the comment box below.