Due to rapid urbanization, an expanding irrigation network, and a growing industrial sector, there is a growing demand for pipes in India.
You can capitalize on this opportunity by starting a pipe dealership business by partnering with any known pipe manufacturing brands in India.
This article provides complete details about Finolex Pipes Dealership, including the dealership cost, profit margin, and contact details.
Why Choose Finolex Pipes?
Finolex Pipes is a leading manufacturer of polyvinyl chloride (PVC) pipes and fittings in India. The company was founded in 1956 and is headquartered in Pune, Maharashtra.
Finolex Pipes offers a wide range of products for a variety of applications, including plumbing, agriculture, and irrigation.
Finolex has three manufacturing plants: two in Maharashtra (Ratnagiri and Urse) and one in Gujarat (Masar).
Finolex has over 950 dealers and 22,000 retail touchpoints across the country. The company’s products are also exported to over 50 countries around the world. Finolex Pipes’s product range includes:
- Agriculture Pipes & Fittings
- Plumbing & Sanitation Pipes & Fittings
a. ASTM Pipes & Fittings
b. CPVC Pipes & Fittings
c. SWR Pipes & Fittings
d. Sewerage Pipes
- Solvent Cement, Lubricant & Primer
Finolex pipes dealership cost
To start a Finolex Pipes dealership in India, you need an investment of around 4 to 8 lakh rupees.
If you want to start with a large inventory to cater to a large customer base, you may need a larger initial investment. Here is a breakdown of the estimated investment:
- Initial inventory purchase: 3 to 6 lakh rupees
- Shop interior and warehouse: 1 to 2 lakh rupees (racks, furniture, computer system and printer, signage board)
- Shop advance + first-month rent: extra (if you do not own a shop)
The ongoing monthly expenses required are employee salary, utility bills, inventory replenishment, and shop rent.
Profit margin in Finolex pipes dealership
From a Finolex pipes dealership, you can expect a profit margin of 10 to 15%.
If you are able to purchase large quantities of products from Finolex, you may be able to negotiate a bulk discount. This can help you to reduce costs and increase your profit margin.
In addition to selling Finolex pipes and fittings, you can also offer other services, such as installation and maintenance. This can help to increase your revenue.
Space required for Finolex dealership
To start a Finolex pipe dealership, you will require at least 800 square feet of space.
This will give you enough space to store a wide range of Finolex pipes and fittings, as well as a small office and customer service area. You will need a dedicated area for loading and unloading large vehicles.
Licenses and Registrations Required
To start a Finolex pipes dealership in India, you will need to obtain the following licenses and registrations:
- Shop and Establishment Act Registration
- Goods and Services Tax (GST) Registration
- Trade License
- Finolex Pipes Dealership Agreement
If you need any financial help you can approach banks like SIDBI for business loans.
How to get a Finolex pipe dealership?
Once you have contacted Finolex Pipes, a representative will get back to you to discuss your dealership application and answer any questions you may have. Once your dealership application is approved, you will need to sign a dealership agreement with Finolex Pipes.
FAQ about Dealership
How much space is required to start a Finolex dealership?
You require a minimum space of 800 square feet of shop space
Investment required to start a Finolex dealership?
You need to invest around 4 to 8 lakhs rupees
What is the Profit Margin of Finolex pipe dealership?
You can expect a profit margin of 10 to 15%
How to contact Finolex Pipes?
You can call their toll-free number 1800 200 3466
I hope this guide to Finolex Pipe 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 information then kindly share it with your friends.