{"id":26943,"date":"2021-12-11T14:36:53","date_gmt":"2021-12-11T14:36:53","guid":{"rendered":"https:\/\/smallbusinesshub.in\/?p=26943"},"modified":"2021-12-21T10:29:16","modified_gmt":"2021-12-21T10:29:16","slug":"servo-oil-dealership","status":"publish","type":"post","link":"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/","title":{"rendered":"How to start a Servo oil dealership in India?"},"content":{"rendered":"\n<p>Starting a lubricant oil business in India is not a tough task. There are already well-established Engine oil brands in the country like <a href=\"https:\/\/smallbusinesshub.in\/castrol-dealership\/\">Castrol,<\/a> Servo, Shell, <a href=\"https:\/\/smallbusinesshub.in\/gulf-oil-dealership\/\" data-type=\"post\" data-id=\"26948\">Gulf<\/a>, Mobil 1, Motul, <a href=\"https:\/\/smallbusinesshub.in\/veedol-dealership\/\" data-type=\"post\" data-id=\"26963\">Veedol<\/a>, etc. <\/p>\n\n\n\n<p>In this article, we will give you complete information about the Servo oil dealership. This article contains all the topics related to the Servo dealership, which includes Servo oil dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"335\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/Servo-oil-dealership.jpg\" alt=\"Servo oil dealership\" class=\"wp-image-26913\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/Servo-oil-dealership.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/Servo-oil-dealership-300x168.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/Servo-oil-dealership-20x11.jpg 20w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_64 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >In this Post<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#Why_choose_Servo_oil_dealership\" title=\"Why choose Servo oil dealership?\">Why choose Servo oil dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#Licenses_and_Registrations_Required\" title=\"Licenses and Registrations Required\">Licenses and Registrations Required<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#Servo_dealership_cost\" title=\"Servo dealership cost\">Servo dealership cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#Profit_margin_in_Servo_oil_dealership\" title=\"Profit margin in Servo oil dealership\">Profit margin in Servo oil dealership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#Space_required_for_Servo_Dealership\" title=\"Space required for Servo Dealership\">Space required for Servo Dealership<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#How_to_get_Servo_oil_dealership\" title=\"How to get  Servo oil dealership?\">How to get  Servo oil dealership?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/#FAQ_about_the_dealership\" title=\"FAQ about the dealership\">FAQ about the dealership<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_choose_Servo_oil_dealership\"><\/span>Why choose Servo oil dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As we know servo is owned by Indian Oil. Indian Oil is India&#8217;s largest government-owned oil corporation.<\/p>\n\n\n\n<p>Indian Oil launched Servo in 1972. Today Servo is India&#8217;s largest selling lubricant brand.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Licenses_and_Registrations_Required\"><\/span>Licenses and Registrations Required<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>These are the licenses and registrations required to open a Servo lubricant oil dealership in India.<\/p>\n\n\n\n<ul><li>Company Registration \u2013 Sole proprietorship\/LLP\/Pvt Ltd<\/li><li>Trade Licence \u2013 from your local municipality<\/li><li>Shop &amp; Establishment Registration \u2013 from the state government<\/li><li>GST Registration<\/li><li>Previous bank statement \/ Income Tax Returns Returns<\/li><li>Business Insurance if required<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Servo_dealership_cost\"><\/span>Servo dealership cost<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"188\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-oil-dealership-cost.jpg\" alt=\"servo oil dealership cost\" class=\"wp-image-26912\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-oil-dealership-cost.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-oil-dealership-cost-300x94.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-oil-dealership-cost-20x6.jpg 20w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>You need approximately 4 to 6 lakh rupees to start a Servo oil dealership.<\/p>\n\n\n\n<p>The actual investment amount mainly depends on the quantity of inventory\/stock that you are going to buy at the beginning<\/p>\n\n\n\n<p>Other factors like whether you have your own shop or not and the lubricant oil varieties you are going to sell also alter the total cost.<\/p>\n\n\n\n<p>Here is the break-down of the above-said amount,<\/p>\n\n\n\n<ul><li>Dealership Security Deposit -&gt; 1 lakh to 1.5 lakhs<\/li><li>Initial inventory purchase -&gt; 3 to 4 lakh rupees<\/li><li>Shop Interior  -&gt; 25,000 (racks, computer system, Signage board etc)<\/li><li>Equipments -&gt; 20,000 rupees<\/li><li>Shop Advance + First-month Rent -&gt; extra (if you do not own a shop)<\/li><\/ul>\n\n\n\n<p>The working capital required is employee salary, utility bills, adding stocks, shop rent, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profit_margin_in_Servo_oil_dealership\"><\/span>Profit margin in Servo oil dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>From the Servo dealership, you can expect a profit margin of 15% to 25%.<\/p>\n\n\n\n<p>The profit margin in the  Servo 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.<\/p>\n\n\n\n<p>The company offers these bonuses &amp; 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.<\/p>\n\n\n\n<p>Almost all Engine oil brands offer special schemes like cash discounts, quantity discounts, product discounts, &amp; outstanding balance nil, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_required_for_Servo_Dealership\"><\/span>Space required for Servo Dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You require a minimum space of 150 to 300 square feet shop area to open a dealership. Make sure that your shop has good connectivity.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-dealership.jpg\" alt=\"servo dealership\" class=\"wp-image-26911\" width=\"450\" height=\"188\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-dealership.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-dealership-300x125.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/08\/servo-dealership-20x8.jpg 20w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_Servo_oil_dealership\"><\/span>How to get  Servo oil dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To get a dealership, first, you need to contact your area&#8217;s Servo sales manager. You can get his number by calling the Indian oil toll-free number 1800-2333-555.<\/p>\n\n\n\n<p>You can also contact them at their official <a href=\"https:\/\/iocl.com\/pages\/servo-lubes-and-greases-overview\" target=\"_blank\" rel=\"noopener\">website<\/a>.<\/p>\n\n\n\n<p>Once you contact the brand, they will be in touch with you and if you are eligible, then help you in launching your dealership.<\/p>\n\n\n\n<p>Your eligibility for the Servo oil dealership mainly depends on factors like the density of other Servo dealers in your area, your experience in trading, your shop location, and your financial background, etc.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ_about_the_dealership\"><\/span>FAQ about the dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1603765586072\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How much space is required to start a Servo dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You require a minimum space of 150 to 300 square feet of shop space <\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603765623673\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Investment required to start a Servo oil dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You need to invest around 4 to 6 lakh rupees<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603765693767\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">What is the Profit Margin in a Servo oil dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can expect a profit margin of 15% to 25%<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603765768363\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How to contact Servo for the dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can call their toll-free number 1800-2333-555.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>I hope this guide to \u2018Servo oil dealership\u2019 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.<\/p>\n\n\n\n<p><span style=\"color:#d16522\" class=\"has-inline-color\"><em><span style=\"text-decoration: underline;\">You may also Like:<\/span><\/em><\/span><\/p>\n\n\n\n<ol><li><a href=\"https:\/\/smallbusinesshub.in\/mobil-1-dealership\/\" data-type=\"post\" data-id=\"26952\">Mobil 1 Oil Dealership | Complete Details<\/a><\/li><li><a href=\"https:\/\/smallbusinesshub.in\/veedol-dealership\/\" data-type=\"post\" data-id=\"26963\">Veedol Oil Dealership | Complete Details<\/a><\/li><\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Starting a lubricant oil business in India is not a tough task. There are already well-established Engine oil brands in the country like Castrol, Servo, Shell, Gulf, Mobil 1, Motul, Veedol, etc. In this article, we will give you complete information about the Servo oil dealership. This article contains all the topics related to the&hellip;&nbsp;<a href=\"https:\/\/smallbusinesshub.in\/servo-oil-dealership\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to start a Servo oil dealership in India?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26913,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"[\"title\",\"meta\",\"content\",\"tags\",\"post-navigation\",\"comments\"]","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"categories":[15],"tags":[],"_links":{"self":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/26943"}],"collection":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/comments?post=26943"}],"version-history":[{"count":4,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/26943\/revisions"}],"predecessor-version":[{"id":27259,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/26943\/revisions\/27259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media\/26913"}],"wp:attachment":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media?parent=26943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/categories?post=26943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/tags?post=26943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}