We all know that there is a huge demand for building materials in India. One of such materials is ceramics/tiles. You can start a ceramic or tile business by selling multi-brand products, or you can partner with any brand and open an exclusive showroom for that brand.
Out of these brands, in this article, we will give you complete information about the Somany tiles dealership.
This article contains all the topics related to the Somany dealership, which includes Somany tiles dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.
Why choose Somany dealership?
Established in 1969, Somany ceramics is a multi-national ceramic and allied products brand with headquarters in Noida, Uttarpradesh.
Somany is one of the leading ceramic brands in India. It also has a presence in Africa, the middle east, the United Kingdom, and Russia.
Somany has manufacturing plants in Gujarat and Haryana states. It also has other joint venture manufacturing facilities in other locations. Overall Somany has a production capacity of 60 million square meters annually.
The company mainly deals with Ceramic wall and Floor Tiles, Polished Vitrified Tiles, Glazed Vitrified Tiles, Digital Tiles, Sanitaryware, and Bath Fittings.
Some of Somany’s brands include Somany Vito, Somany Durastone, Somany Slipshield, Somany Glosstra plus, Somany Goodwood, Somany Vistoso, etc.
Licenses and Registrations Required
These are the licenses and registrations required to open a Somany 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.
Somany tiles dealership cost
You require approximately 35 to 45 lakh rupees to start a brand-exclusive Somany 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 -> 2.5 lakhs
- Initial inventory purchase -> 27 to 32 lakh rupees
- Showroom Interior -> 3 lakh to 4 lakhs
- Miscellanious expenses -> 1.5 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 Somany tiles dealership
From the Somany tiles dealership, you can expect a profit margin of 10% to 15%.
The profit margin in the Somany 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.
Somany also offers 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 Somany tiles dealership
Overall you require a minimum of 2000 square feet of space to open a Somany 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 Somany dealership?
To get a Somany tiles dealership, first, you need to contact your area’s Somany sales manager. You can get his number by calling Somany toll-free number 1800-1030-004
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 Somany dealership mainly depends on factors like the density of other Somany dealers in your area, your financial background, your experience in trading, and your shop location, etc.
You may also Like:
- Orient Bell Dealership | Complete Guide
- Nitco Tiles Dealership | Complete Guide
- H&R Johnson Tiles Dealership | Complete Details
FAQ about the dealership
How much space is required to start a Somany dealership?
You require a minimum space of 2000 square feet space
Investment required to start a Somany dealership?
You need to invest around 35 to 45 lakh rupees
What is the Profit Margin in a Somany dealership?
You can expect a profit margin of 10% to 15%
How to contact Somany Tiles for the dealership?
You can call their toll-free number 1800 1030 004.
I hope this guide to ‘Somany 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.