If you are planning to start a business in the backup power industry, then you can start a battery shop business in your city.
In this article, we will give you complete information about the Base battery dealership. This article contains all the topics related to the Base dealership, which includes Base Battery dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Base dealership?
Founded in 1987, Base Batteries is a well-known battery manufacturer in India.
The company has a headquarters in Bangalore, Karnataka, and a manufacuring plant in Solan, Himachal Pradesh.
Base batteries provide high-quality batteries, inverters, and UPS for industrial and domestic utilities across India.
Licenses and Registrations Required
These are the licenses and registrations required to open a Base battery dealership in India.
- Company Registration – Sole proprietorship/LLP/Pvt Ltd
- Trade Licence – from your local municipality
- Shop & Establishment Registration – from the state government
- GST Registration
- Previous bank statement / Income Tax Returns Returns
- Business Insurance if required
Base battery dealership cost
You need approximately 5 to 6 lakh rupees to start a Base battery dealership.
The actual investment amount mainly depends on the quantity of inventory/stock that you are going to buy at the beginning
Other factors like whether you have your own shop or not and the battery types you are going to sell also alter the total cost.
Here is the break-down of the above-said amount,
- Dealership Security Deposit -> 1 lakh
- Initial inventory purchase -> 3 to 3.5 lakh rupees
- Shop Interior -> 25,000 (racks, computer system, Signage board etc)
- Equipments -> 20,000 rupees ( battery recharging machine, clamp meter & hydro meter )
- Shop Advance + First-month Rent -> extra (if you do not own a shop)
The working capital required is employee salary, utility bills, adding stocks, shop rent, etc.
Profit margin in Base battery dealership
From the Base battery dealership, you can expect a profit margin of 20% to 30%.
The profit margin in the Base battery dealership is directly proportional to the number of sales you have made. i.e If you make more sales, then you will be able to gain more offers and bonuses offered by the company.
The company offers these bonuses & schemes after 6 months to 1 year after you have opened your dealership. If you succeed in meeting those sales targets then you can expect up to a 35% profit margin.
Almost all battery brands offer special schemes like cash discounts, quantity discounts, product discounts, & outstanding balance nil, etc.
Space required for Base Dealership
You require a minimum space of 100 to 200 square feet shop area to open a Base battery dealership. Make sure that your shop has good connectivity.
How to get Base battery dealership?
To get a Base dealership, first, you need to contact your area’s Base battery sales manager. You can get his number by calling Base battery toll-free number 981 890 9091.
You can also contact them at their official website.
Once you contact the brand, they will be in touch with you and if you are eligible, then help you in launching your dealership.
Your eligibility for the Base battery dealership mainly depends on factors like the density of other Base battery dealers in your area, your experience in trading, your shop location, and your financial background, etc.
FAQ about Dealership
How much space is required to start a Base battery dealership?
You require a minimum space of 100 to 200 square feet of shop space
Investment required to start a Base battery dealership?
You need to invest around 5 to 6 lakh rupees
What is the Profit Margin in a Base battery dealership?
You can expect a profit margin of 20% to 30%
How to contact Base power for the dealership?
You can call their toll-free number 981 890 9091.
I hope this guide to ‘Base battery dealership’ will help you get started. If you have any additional suggestions, feel free to mention them in the comments section below. If you like this article then kindly share it with your friends.
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