The automotive industry is one of the fastest-growing industries in the country. If you are planning to enter this industry, then you can start an engine oil shop by partnering with any lubricant oil brand.
In this article, we will give you complete information about the Motul dealership. This article contains all the topics related to the Motul oil dealership, which includes Motul engine oil dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Motul dealership?
Established in 1853, Motul is a France-based engine oil company that manufactures lubricant for vehicle engines and for the industry.
The brand has a distribution network all over India and has dealers in every Indian state.
Motul offers engine oils, brake fluids, transmission fluids, coolants, additives, and greases for motorcycles, cars, and heavy-duty vehicles.
It also has products for power sports applications and industrial applications.
Licenses and Registrations Required
These are the licenses and registrations required to open a Motul lubricant oil 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 lack capital you can contact banks like SIDBI for business loans.
Motul dealership cost
You need approximately 4 to 5.5 lakh rupees to start a Motul oil 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 lubricant oil varieties you are going to sell also alters the total cost.
Here is the break-down of the above-said amount,
- Dealership Security Deposit -> 1 lakh
- Initial inventory purchase -> 3 to 4 lakh rupees
- Shop Interior -> 25,000 (racks, computer system, Signage board etc)
- Equipments -> 20,000 rupees
- 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 Motul dealership
From the Motul dealership, you can expect a profit margin of 20% to 25%.
The profit margin in the Motul engine oil 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 30% profit margin.
Almost all Engine oil brands offer special schemes like cash discounts, quantity discounts, product discounts, & outstanding balance nil, etc.
Space required for Motul dealership
You require a minimum space of 100 to 250 square feet shop area to open a Motul oil dealership. Make sure that your shop has good connectivity.
How to get Motul Engine oil dealership?
To get a Motul oil dealership, first, you need to contact your area’s Motul sales manager. You can get his number by calling Motul oil toll-free number +91 22 2501 1960.
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 Motul engine oil dealership mainly depends on factors like the density of other Motul dealers in your area, your experience in trading, your shop location, and your financial background, etc.
FAQ about the dealership
How much space is required to start a Motul dealership?
You require a minimum space of 100 to 250 square feet of shop space
Investment required to start a Motul engine oil dealership?
You need to invest around 4 to 5.5 lakh rupees
What is the Profit Margin in a Motul dealership?
You can expect a profit margin of 20% to 25%
How to contact Motul for the dealership?
You can call their toll-free number +91 22 2501 1960.
I hope this guide to ‘ Motul 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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