If you are planning to start a tire business in India, you can partner with one of the tire brands and start a tire dealership.
There are already well-established tyre brands in the country like MRF, Ceat, Apollo, Michelin, JK tyres, Bridgestone, Falken, etc.
In this article, we will give you complete information about the Dunlop tyre dealership. This article contains all the topics related to Dunlop dealership, which includes Dunlop tyre dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Dunlop dealership?
The Dunlop Band has been present in India since 1956. Currently, the Dunlop brand in India is operated by Dunlop India Limited, which is owned by the Ruia Group.
Dunlop tyres have a pan India presence with dealers in almost all Indian states.
Dunlop has two manufacturing plants in India, one in Hooghly, West Bengal, and the other in Chennai, Tamilnadu.
In India, Dunlop tyres manufacture two-wheeler tyres, car tyres, three-wheeler tyres, farm vehicles like tractor tyres, heavy vehicles like bus and truck tyres, and off the road vehicle tyres.
Licenses and Registrations Required
These are the licenses and registrations required to open a Dunlop Tyre 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
If you require a business loan, you can approach banks like SIDBI.
Dunlop Tyre Dealership Cost
You need approximately INR 8 lakh to 10 lakh rupees to start a Dunlop Tyre dealership.
This amount may vary from one city to another. In tier 1 cities it would be a bit expensive compared to tier 2 and tier 3 cities.
Other factors like whether you have your own shop or not and your initial stock purchase quantity also alter the total cost.
Here is the break-down above said amount,
- Dealership Security Deposit -> 1.5 lakhs
- Initial inventory purchase -> 5 to 7 lakh rupees
- Shop Interior and Warehouse -> 2 to 3 lakhs (racks, furniture, computer system & printer, Signage board)
- 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.
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Profit Margin in Dunlop Tyre Dealership
From Dunlop Tyre dealership you can expect a profit margin of 11% to 15%.
The profit margin of Dunlop Tyre 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 15% profit margin.
Almost all tyre brands offer special schemes like cash discounts, quantity discounts, product discounts, & outstanding balance nil, etc.
Space required for Dunlop Dealership
You require a minimum space of 800 square feet shop area to open a Dunlop tyre dealership. Make sure that your shop has good connectivity.
How to get Dunlop Tyre Dealership?
To get a Dunlop dealership, first, you need to contact your Dunlop tyre sales manager. You can get his number by calling Dunlop tyre toll-free number +91 33 2289 4747.
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 Dunlop Tyre dealership mainly depends on factors like the density of other Dunlop Tyre 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 Dunlop Tyre dealership?
You require a minimum space of 800 square feet of shop space
Investment required to start a Dunlop Tyre dealership?
You need to invest around 8 lakh to 9 lakh rupees
What is the Profit Margin in the Dunlop Tyre dealership?
You can expect a profit margin of 11% to 15%
How to contact Dunlop Tyres?
You can call their toll free number +91 33 2289 4747
I hope this guide to ‘Dunlop tyre 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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