If you are interested in starting a business in the Paint Industry, you can easily start a Shalimar Paints Dealership and enter the Paint Industry.
Shalimar Paints is India’s oldest paint manufacturing company and has a market share of 3 to 5% in the Indian paint Industry.
In this article, we will talk about Shalimar Paints Dealership, which includes dealership cost, profit margin, space required, whom to contact, licenses, and documents required, etc.
Why Shalimar paints dealership?
Established in 1902, Shalimar Paints was India’s first well-established paint brand. Company deals with the manufacturing and marketing of decorative paints and industrial coatings.
Shalimar Paints has a pan India reach with more than 30 depots and 5,000 dealers across India.
The company has re-distribution centers in West Bengal, Maharashtra, Uttar Pradesh and Tamil Nadu.
Licenses and Registrations Required
These are the registrations and licenses required to start a Shalimar 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 Shalimar paints
- Shop Agreements/Documents
- Copy of Previous bank statements/IT returns
- Business Insurance (not compulsory)
Shalimar Paints Dealership Cost
Shalimar Paint dealership will cost you approximately 5 to 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 to 3 lakhs
Color mixing machine 60,000 to 80,000 rupees.
Shop Interior works – 1 lakh to 1.3 lakhs( racks, furniture, interior, signage, etc. )
Computer system & printer 40,000 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, color mixing machine, a shop in a good location(own or lease), shop interior, and a computer system & printer.
Shalimar paints provides necessary training to operate the color mixing machine and the software.
Shalimar Paints Dealership Profit
You can expect a profit margin of approximately 12% to 18% on Shalimar paints dealership.
Your profit margins will depend on the schemes and bonuses provided by the Shalimar paints. 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 Shalimar paints dealership?
To get a Shalimar paints dealership, first, you need to contact your area marketing head. You can get his contact number by calling Shalimar paints customer care no. 1800 103 6509.
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 Shalimar paints dealer within 2 to 3 kilometers of your shop location and there should be enough footfall in your shop location.
Contact Details for Shalimar paints
You can visit Shalimar paints official website and click the contact us button. You can also contact them directly by calling their toll-free number 1800 103 6509.
You can also visit them at their Gurugram Head office
No. 28, First floor, Sector 32,
Gurugram – 122001, Haryana State.
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FAQ about Dealership
How much investment required to start a Shalimar paints dealership ?
To start a Shalimar paints dealership you require an investment of approximate 5 to 6 lakhs rupees.
How to Contact Shalimar Paints?
You can call toll free number 1800 103 6509
What is the Profit Margin in Shalimar Paints ?
You can expect a profit margin of 12% to 18%
How much space required to start a Shalimar Paints Dealership ?
To open a Shalimar paints dealership you need a minimum space of 500 to 1000 square feet.
I hope this guide to ‘Shalimar paints dealership’ will help you get started. If you have any additional suggestions, feel free to mention them in the comments section below.