If you are planning to start a cement trading business in northeast India or any eastern state then you can choose a star cement dealership.
Star cement has a good presence and distribution network in northeastern states.
This article includes topics like Star cement dealership cost, profit margin, licenses and documents required, space required, and how to apply for the dealership, etc.
why choose Star cement?
Star Cement Limited is northeast India’s largest cement manufacturing company. The company has a registered office in Lumshnong, Meghalaya.
Star Cement has 1 MTPA capacity integrated plant at Lumshnong, Meghalaya. The company also has plants in Guwahati and West Bengal aggregating an installed capacity of 4.3 MTPA.
The product range includes Ordinary Portland Cement and Portland Pozzolana Cement, Portland Slag Cement, and Anti Rust Cement.
Licenses and Registrations required
These are the licenses and documents required to start a Star cement dealership.
- Company Registration – Sole proprietorship/LLP/Pvt Limited
- Trade Licence – from the local municipality
- Shop & Establishment Registration – from the state board
- GST certificate
- Previous bank statement – for financial background verification
- Valid land documents / Lease agreements.
- Business Insurance – (optional)
If you lack capital, you can take business loans from banks such as SIDBI Bank.
Star Cement Dealership Cost
You need an investment of approximately INR 4 to 5 lakhs to start a Star cement dealership.
If you have your own shop then you can start the dealership with minimum investment.
Here is the break-down of the investment,
- Dealership Security Deposit -> 1.5 lakhs
- Initial inventory/stock purchase -> 50,000 to 1.5 lakh rupees
- Shop Interior and Warehouse -> 65,000 to 80,000 rupees
- Labour for loading and unloading (1st month salary) -> 30,000 (for 2 nos)
- Shop Advance + First-month Rent -> extra (if you do not own a shop)
- Vehicle for Delivery – extra if Required
The monthly expenses include labor salary, stock purchase, utility bills & Shop rent.
Profit margin in Star cement dealership
You can expect a profit margin of 7% to 9% from this dealership.
As with other cement brands, these profit margins are decided by the bonuses and schemes offered by the company. If you make more monthly sales, then the chances of getting good discounts from the company will be high.
How to get Star cement Dealership?
To get a Star Cement dealership, you need to contact your area sales manager. You can get his number by calling their toll-free number +91-03655-278215.
You can also visit their official website – contact us page. You need to fill an inquiry form, with your basic details.
Once you get in touch with the area sales manager, he will guide you about the next steps.
FAQ about Dealership
How much investment is required for the Star cement dealership?
You require 4 lakh to 5 lakhs rupees investment to start a dealership
Shop space required for Star cement dealership?
Minimum space required in 500 square feet
Profit margin in Star cement dealership?
You can expect a profit margin of 7% to 9% on sales.
How to contact Star cement?
You can contact Star cement at their toll-free number +91-03655-278215.
I hope this article has resolved many of your doubts related to the Star cement dealership. If you have any suggestions feel free to mention them in the comment box below.
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