Are you planning to start a tile or ceramic business in India? If so, you can start one by tying up with any tile brand available on the market.
There are many well-established tile / ceramic brands in the country such as Kajaria, Orient Bell, Somany, Simpolo, H&R Johnson, Nitco, etc. You can partner with these brands and start a tile dealership business.
Out of these brands, in this article, we will give you complete information about the Simpolo tiles dealership.
This article contains all the topics related to the Simpolo tiles dealership, which includes Simpolo tiles dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Simpolo tiles dealership?
Established in 1977, Simpolo ceramics is a Gujarat-based leading tile manufacturing company with its corporate office in Morbi, Gujarat.
The Simpolo brand has a pan-India presence with dealers in almost all states. It has a tile manufacturing plant in Morbi.
The product range includes Vitrified tiles, bathroom tiles, kitchen tiles, full-body tile, outdoor tiles, wall tiles, and sanitaryware.
Licenses and Registrations Required
These are the licenses and registrations required to open a Simpolo tiles 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.
Simpolo tiles dealership cost
You require approximately 25 to 35 lakh rupees to start a brand-exclusive Simpolo tiles dealership.
The actual investment amount mainly depends on the quantity of inventory/stock that you are going to purchase at the beginning.
If you do not own the showroom and the warehouse space then you need to add that cost extra.
Here is the break-down of the above-said amount,
- Dealership Security Deposit -> 2 lakhs
- Initial inventory purchase -> 20 to 30 lakh rupees
- Showroom Interior -> 3 lakh to 4 lakhs
- Miscellanious expenses -> 1 lakhs
- Showroom & Warehouse 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 Simpolo tiles dealership
From the Simpolo tiles dealership, you can expect a profit margin of 10% to 15%.
The profit margin in the Simpolo tiles dealership depends on the monthly sales you are going to get. If you have more sales then you will be able to purchase stock in bulk quantity and get bigger discounts from the company.
Simpolo tiles also offer bonuses and schemes, 6 months after opening your dealership. If you succeed in meeting the company’s sales goals, you can expect up to 14% profit.
Space required for Simpolo dealership
Overall you require a minimum of 2000 square feet of space to open a Simpolo tiles dealership.
For the showroom, you require a minimum space of 800 to 1000 square feet and for the warehouse, you need 1000 to 1200 square feet space,
How to get Simpolo tiles dealership?
To get a Simpolo tiles dealership, first, you need to contact your area’s Simpolo sales manager. You can get his number by calling Simpolo toll-free number 1800 233 2223.
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 Simpolo dealership mainly depends on factors like the density of other Simpolo dealers in your area, your financial background, your experience in trading, and your shop location, etc.
You may also Like:
- Orient Bell Dealership | Complete Details
- Somany Tiles Dealership | Complete Details
- NITCO Tiles Dealership | Complete Guide
FAQ about the dealership
How much space is required to start a Simpolo dealership?
You require a minimum space of 2000 square feet space
Investment required to start a Simpolo tiles dealership?
You need to invest around 25 to 35 lakh rupees
What is the Profit Margin in a Simpolo tiles dealership?
You can expect a profit margin of 10% to 15%
How to contact Simpolo for the dealership?
You can call their toll-free number 1800 233 2223.
I hope this guide to ‘Simpolo tiles 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.