{"id":27422,"date":"2021-12-30T16:32:18","date_gmt":"2021-12-30T16:32:18","guid":{"rendered":"https:\/\/smallbusinesshub.in\/?p=27422"},"modified":"2021-12-31T06:34:45","modified_gmt":"2021-12-31T06:34:45","slug":"michelin-tyre-dealership","status":"publish","type":"post","link":"https:\/\/smallbusinesshub.in\/michelin-tyre-dealership\/","title":{"rendered":"How to start Michelin Tyre Dealership in India?"},"content":{"rendered":"\n<p>If you are planning to start a business in the automotive industry, you can open a tyre dealership store by tying up with any tyre brand.<\/p>\n\n\n\n<p>There are already well-established tyre brands in the country like <a href=\"https:\/\/smallbusinesshub.in\/mrf-tyre-dealership\/\" data-type=\"post\" data-id=\"26651\">MRF<\/a>, <a href=\"https:\/\/smallbusinesshub.in\/ceat-tyre-dealership\/\" data-type=\"post\" data-id=\"26729\">Ceat<\/a>, Apollo, Michelin, Goodyear, JK tyres, <a href=\"https:\/\/smallbusinesshub.in\/bridgestone-dealership\/\" data-type=\"post\" data-id=\"27371\">Bridgestone<\/a>, Falken, etc.<\/p>\n\n\n\n<p>In this article, we will give you complete information about the Michelin tyre dealership. This article contains all the topics related to Michelin dealership, which includes Michelin tyre dealership cost, profit margin, shop space required, licenses, and registrations, whom to contact, etc.<\/p>\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\/michelin-tyre-dealership\/#Why_choose_Michelin_tyre_dealership\" title=\"Why choose Michelin tyre dealership?\">Why choose Michelin tyre 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\/michelin-tyre-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\/michelin-tyre-dealership\/#Michelin_tyre_Dealership_Cost\" title=\" Michelin tyre Dealership Cost\"> Michelin tyre 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\/michelin-tyre-dealership\/#Profit_Margin_in_Michelin_tyre_Dealership\" title=\"Profit Margin in Michelin tyre Dealership\">Profit Margin in Michelin tyre 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\/michelin-tyre-dealership\/#Space_required_for_Michelin_tyre_Dealership\" title=\"Space required for Michelin tyre Dealership\">Space required for Michelin tyre 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\/michelin-tyre-dealership\/#How_to_get_Michelin_Dealership\" title=\"How to get Michelin Dealership?\">How to get Michelin 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\/michelin-tyre-dealership\/#FAQ_about_Dealership\" title=\"FAQ about Dealership\">FAQ about Dealership<\/a><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_choose_Michelin_tyre_dealership\"><\/span>Why choose Michelin tyre dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Michelin is the France-based world&#8217;s second-largest tyre manufacturing company. The company has 69 manufacturing plants all over the world in 18 countries.<\/p>\n\n\n\n<p>The company entered the Indian market in 2009, it has manufacturing plants near Chennai, Tamilnadu. The brand has a presence in almost all Indian states.<\/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\/12\/Michelin-tyre-dealership.jpg\" alt=\"\" class=\"wp-image-27436\" width=\"450\" height=\"251\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership-300x168.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership-20x11.jpg 20w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><figcaption> <\/figcaption><\/figure>\n\n\n\n<p>In India, Michelin manufactures tyres for Passenger Cars, Truck &amp; Bus, and Two Wheeler &amp; Off the Road vehicles.<\/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 Michelin tyre 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<p>If you require a business loan, you can approach banks like SIDBI.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Michelin_tyre_Dealership_Cost\"><\/span> Michelin tyre 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\/12\/Michelin-tyre-dealership-cost.jpg\" alt=\"\" class=\"wp-image-27437\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership-cost.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership-cost-300x94.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Michelin-tyre-dealership-cost-20x6.jpg 20w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>You need approximately INR 9 lakh to 10 lakh rupees to start a Michelin tyre dealership.<\/p>\n\n\n\n<p>This amount may vary from one city to another. In tier 1 cities it would be a bit expensive compared to tier 2 and tier 3 cities.<\/p>\n\n\n\n<p>Other factors like whether you have your own shop or not and your initial stock purchase quantity also alter the total cost.<\/p>\n\n\n\n<p>Here is the break-down above said amount,<\/p>\n\n\n\n<ul><li>Dealership Security Deposit -&gt; 2 lakhs<\/li><li>Initial inventory purchase -&gt; 6 to 7 lakh rupees<\/li><li>Shop Interior and Warehouse -&gt; 1 lakh (racks, furniture, computer system &amp; printer, Signage board)<\/li><li>Miscellaneous -&gt; 40,000 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<p><span style=\"text-decoration: underline;\"><strong><span style=\"color:#dc5614\" class=\"has-inline-color\"><em>Related:<\/em><\/span> <\/strong> <\/span><\/p>\n\n\n\n<ol><li> <a href=\"https:\/\/smallbusinesshub.in\/tyre-business\/\">How to start Tyre Business in India | Complete Details<\/a><br><\/li><li><a href=\"https:\/\/smallbusinesshub.in\/mrf-tyre-dealership\/\" data-type=\"post\" data-id=\"26651\">MRF Tyre Dealership | Complete Guide<\/a><\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profit_Margin_in_Michelin_tyre_Dealership\"><\/span>Profit Margin in Michelin tyre Dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>From Michelin tyre dealership you can expect a profit margin of 12% to 14%.<\/p>\n\n\n\n<p>The profit margin of Michelin 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 15% profit margin.<\/p>\n\n\n\n<p>Almost all tyre 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_Michelin_tyre_Dealership\"><\/span>Space required for Michelin tyre Dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>You require a minimum space of 700 square feet shop area to open a Michelin dealership. Make sure that your shop has good connectivity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_Michelin_Dealership\"><\/span>How to get Michelin Dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\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\/12\/Add-a-heading-14-1.jpg\" alt=\"\" class=\"wp-image-27440\" width=\"600\" height=\"188\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Add-a-heading-14-1.jpg 800w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Add-a-heading-14-1-300x94.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Add-a-heading-14-1-768x240.jpg 768w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2021\/12\/Add-a-heading-14-1-20x6.jpg 20w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>To get a Michelin tyre dealership, first, you need to contact your Michelin sales manager. You can get his number by calling Michelin toll-free number <a href=\"tel:1800 103 6424\"> 1800 103 6424<\/a>.<\/p>\n\n\n\n<p>You can also contact them at their official <a href=\"https:\/\/www.michelin.in\" 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 Michelin tyre dealership mainly depends on factors like the density of other Michelin dealers in your area, your experience in trading, your shop location, and your financial background, etc.<\/p>\n\n\n\n<p><span style=\"color:#d16522\" class=\"has-inline-color\"><em><span style=\"text-decoration: underline;\"><strong>You may also Like:<\/strong><\/span><\/em><\/span><\/p>\n\n\n\n<ol><li><a href=\"https:\/\/smallbusinesshub.in\/yokohama-tyre-dealership\/\" data-type=\"post\" data-id=\"27424\">Yokohama Tyre Dealership | Complete Details<br><\/a><\/li><li><a href=\"https:\/\/smallbusinesshub.in\/ceat-tyre-dealership\/\">CEAT Tyre Dealership | Complete Details<\/a><br><\/li><li><a href=\"https:\/\/smallbusinesshub.in\/tyre-recycling-business\/\" data-type=\"post\" data-id=\"26625\">Tyre Re-cycling Business | Complete Details<\/a><\/li><\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ_about_Dealership\"><\/span>FAQ about 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 Michelin dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You require a minimum of 700 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 Michelin Tyre dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You need to invest around 9 lakh to 10 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 the Michelin Tyre dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can expect a profit margin of 12% to 14%<\/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 Michelin Tyres?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can call their toll-free number 1800 103 6424.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>I hope this guide to \u2018Michelin Tyre 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","protected":false},"excerpt":{"rendered":"<p>If you are planning to start a business in the automotive industry, you can open a tyre dealership store by tying up with any tyre brand. There are already well-established tyre brands in the country like MRF, Ceat, Apollo, Michelin, Goodyear, JK tyres, Bridgestone, Falken, etc. In this article, we will give you complete information&hellip;&nbsp;<a href=\"https:\/\/smallbusinesshub.in\/michelin-tyre-dealership\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to start Michelin Tyre Dealership in India?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":27436,"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\/27422"}],"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=27422"}],"version-history":[{"count":9,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/27422\/revisions"}],"predecessor-version":[{"id":27456,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/27422\/revisions\/27456"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media\/27436"}],"wp:attachment":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media?parent=27422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/categories?post=27422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/tags?post=27422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}