If you are planning to start a paint trading business in India, then you can partner with any paint brand and start a dealership for that brand.
In this article, we will talk about Apollo paints Dealership, which includes dealership cost, profit margin, space required, whom to contact, licenses, and documents required, etc.
Why Apollo paints dealership?
Headquartered in Bangalore, Apollo paints is India’s one of the fastest-growing paints brands. Apollo manufactures eco-friendly paint products in the county.
The company has a manufacturing plant in Bangalore with a production capacity of 10,000 MT.
Apollo offers all kinds of decorative paints including exterior paints, interior emulsion. enamels, Wood finishes, special coatings, Italiano, and other products.
The company has a strong presence in many major Indian states.
Licenses and Registrations Required
These are the registrations and licenses required to start an Apollo paints dealership in India.
- Shop and Establishment Registration from the state government
- Trade License from the municipality
- Business Registration (Sole proprietorship is enough)
- GST Certificate
- Authorization certificate from Apollo paints
- Shop Agreements/Documents
- Copy of Previous bank statements/IT returns
- Business Insurance (not compulsory)
If you lack capital, you can take business loans from banks like SIDBI bank.
Apollo paints Dealership Cost
Apollo paints dealership will cost you approximately 6 lakh rupees. It depends on whether you have your own shop or rented one. Below we have given a breakdown of investment.
Initial Inventory Purchase – 2 lakh
Color mixing machine – 75,000 to 90,000 rupees.
Shop Interior works – 1 lakh ( racks, furniture, interior, signage, etc. )
Computer system & printer – 45,000 rupees
Miscellaneous – 20,000 rupees
Shop security deposit and 1st-month rent – Depends on your location
The major investments required to start a paint dealership business are, paint initial stock purchase, a color mixing machine, a shop in a good location(own or lease), a shop interior, and a computer system & printer.
Apollo paints provide the necessary training to operate the color mixing machine and the software.
Related:
- Nerolac Paints Dealership: Complete Details – Cost, Profit & Investment
- JSW Paint Dealership | Complete Guide
Apollo paints dealership profit
You can expect a profit margin of approximately 12% to 16% on Apollo paints dealership.
Your profit margins will depend on the schemes and bonuses provided by Apollo paint. These schemes include Cash discounts and RTBT discounts. The discount ranges from 4 to 6 % depending upon the market.
These schemes will be available only 4-6 months after your shop opens.
How to get Apollo paints dealership?
To get an Apollo paints dealership, first, you need to contact your area marketing head. You can get his contact number by calling Apollo paints customer care no. +91 80 2839 4211.
The marketing head will get in touch with you. He may ask you about your shop location and your financial background.
The main factors in getting you a dealership are that there should not be any other Apollo paint dealer within 2 to 3 kilometers of your shop location and there should be enough footfall in your shop location.
Contact Details for Apollo paints
You can visit Apollo paints official website and click the contact us button. You can also contact them directly by calling their toll-free number +91 80 2839 4211.
You can also visit them at their Bengaluru Head office,
#51, 4th Main Road, 3rd Phase, Peenya Industrial Area, Bengaluru – 560 058.
Also Read:
- Asian Paints Dealership: Complete Details – Cost, Profit & Investment
- Indigo Paint Dealership | Complete Details
FAQ about Dealership
How much investment is required to start an Apollo paints dealership?
To start an Apollo paints dealership you require an investment of approximately 6 lakh rupees.
How to contact Apollo paints?
You can call toll free number +91 80 2839 4211
What is the Profit Margin in Apollo paints dealership?
You can expect a profit margin of 12% to 16%
How much space is required to start an Apollo paints Dealership?
To open an Apollo paints dealership you need a minimum space of 500 to 800 square feet.
I hope this guide to ‘Apollo paints dealership’ will help you get started. If you have any additional suggestions, feel free to mention them in the comments section below.