{"id":29034,"date":"2023-09-16T14:25:39","date_gmt":"2023-09-16T14:25:39","guid":{"rendered":"https:\/\/smallbusinesshub.in\/?p=29034"},"modified":"2023-09-16T16:24:32","modified_gmt":"2023-09-16T16:24:32","slug":"tunwal-dealership","status":"publish","type":"post","link":"https:\/\/smallbusinesshub.in\/tunwal-dealership\/","title":{"rendered":"How to start Tunwal Dealership? Cost, Profit &#038; More"},"content":{"rendered":"\n<p>The demand for electric scooters in India is strong and growing rapidly, creating new opportunities for businesses.<\/p>\n\n\n\n<p>If you are considering starting an electric scooter dealership in India, Tunwal is an established company that offers dealership opportunities.<\/p>\n\n\n\n<p>This article provides complete details related to the Tunwal dealership, including dealership cost, profit margin, contact details, and more.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-1024x536.jpg\" alt=\"Tunwal dealership\" class=\"wp-image-29036\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-1024x536.jpg 1024w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-300x157.jpg 300w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-768x402.jpg 768w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/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\/tunwal-dealership\/#Why_choose_Tunwal\" title=\"Why choose Tunwal?\">Why choose Tunwal?<\/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\/tunwal-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\/tunwal-dealership\/#Space_required_for_the_dealership\" title=\"Space required for the dealership\">Space required for the dealership<\/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\/tunwal-dealership\/#Tunwal_Dealership_Cost\" title=\"Tunwal Dealership Cost\">Tunwal Dealership Cost<\/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\/tunwal-dealership\/#Profit_margin_in_Tunwal_electric_scooter_dealership\" title=\"Profit margin in Tunwal electric scooter dealership\">Profit margin in Tunwal electric scooter 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\/tunwal-dealership\/#How_to_get_Tunwal_Electric_Scooter_dealership\" title=\"How to get Tunwal Electric Scooter dealership?\">How to get Tunwal Electric Scooter 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\/tunwal-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_Tunwal\"><\/span>Why choose Tunwal?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Established in 2013, Tunwal is an Indian electric vehicle company that manufactures electric scooters.<\/p>\n\n\n\n<p>The company is headquartered in Pune, Maharashtra, and offers a range of electric scooters, including low-speed and high-speed models.Tunwal scooters are known for their long battery life, affordable price, and stylish design.<\/p>\n\n\n\n<p>Tunwal Scooters has over 350 dealers in over 25 states in India, and also exports to Nepal.<\/p>\n\n\n\n<p>Some of the most popular Tunwal electric scooter models include the Mini Lithino, Sport 63 Mini, Roma S, Storm ZX Advance 2, Storm ZX, and Lithino 2.0.<\/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 documents required to start a Tunwal electric scooter dealership.<\/p>\n\n\n\n<p>\u2705 Business Registration \u2013 Sole proprietorship\/LLP\/Pvt Limited<br>\u2705 Shop &amp; Establishment Registration (from the state government)<br>\u2705 GST certificate<br>\u2705 Good CIBIL score ( Credit History )<br>\u2705 Valid land documents \/ Lease agreements<br>\u2705 Business Insurance (if required)<\/p>\n\n\n\n<p>If you lack capital, then you can approach banks for business loans with a proper business plan.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_required_for_the_dealership\"><\/span>Space required for the dealership<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\/2023\/09\/Tunwal-dealership-cost-1.jpg\" alt=\"\" class=\"wp-image-29042\" srcset=\"https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-cost-1.jpg 600w, https:\/\/smallbusinesshub.in\/wp-content\/uploads\/2023\/09\/Tunwal-dealership-cost-1-300x94.jpg 300w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p>You require a minimum of a 1500 square feet showroom and a 800 square feet workshop to start a Tunwal electric scooter dealership. So the overall commercial space required is 2300 square feet.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Tunwal_Dealership_Cost\"><\/span>Tunwal Dealership Cost<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><\/p>\n\n\n\n<p>To start a Tunwal dealership, you need approximately 45 lakh investment, considering a 1500 square feet showroom and 800 square feet workshop.<\/p>\n\n\n\n<p>Here is the break-down of the investment,<\/p>\n\n\n\n<p>\u27a4 Minimum working capital required -&gt;\u200a 15 lakhs ( to run the business)<br>\u27a4 Security deposite -&gt; 2 lakhs (Refundable)<br>\u27a4 Initial stock purchase -&gt; 20 lakhs<br>\u27a4 Showroom interior \u200a-\u200a&gt;  4 to 5 lakhs<br>\u27a4 Machines and equipment for the service centre \u200a-&gt; \u200a2 lakhs<br>\u27a4 Miscellaneous expenses \u200a-&gt; \u200a1 lakh<br>\u27a4 Showroom\/Warehouse lease amount -\u200a(extra)<\/p>\n\n\n\n<p>The monthly expenses are Showroom\/warehouse rent, staff and labour salary, inventory purchase, utility bills, etc.<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#eb0707\" class=\"has-inline-color\"><em><span style=\"text-decoration: underline;\">Related:<\/span> <\/em>   <\/mark><\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/smallbusinesshub.in\/hero-electric-dealership\/\" data-type=\"post\" data-id=\"27856\">Hero Electric Scooter Dealership? | Complete Guide<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Profit_margin_in_Tunwal_electric_scooter_dealership\"><\/span>Profit margin in Tunwal electric scooter dealership<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Apart from vehicle sales, dealers also make profits from other sources.<\/p>\n\n\n\n<p>The approximate total profit of the Tunwal electric scooter dealership is as follows,<\/p>\n\n\n\n<p>\u27a4 Tunwal EV Sales Margin -&gt; up to 9% to 13% ( of Ex-Showroom Price )<br>\u27a4 Commission from insurance &#8211; 15% to 20% ( of OD amount )<br>\u27a4 Commission from loan &#8211; about 2% to 4% ( of the loan amount )<br>\u27a4 Commission from Accessories sale &#8211; 15% to 20%<br>\u27a4 Commission from spare parts sale &#8211; 15% to 20%<br>\u27a4 The margin on service &#8211; 25 to 30% (labour charges, engine oil, etc.)<\/p>\n\n\n\n<p>The after-sales service of electrical vehicles is very low compared to traditional internal combustion engine (ICE) vehicles. So a good margin is essential in vehicle sales.<\/p>\n\n\n\n<p>After 3 to 4 years you can expect some revenue from spare parts sales, especially if the battery needs replacement.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_get_Tunwal_Electric_Scooter_dealership\"><\/span>How to get Tunwal Electric Scooter dealership?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>To become a Tunwal dealer, you must first contact them at <a href=\"tel:+91 8448448763\">+91 8448448763<\/a> or visit their <a href=\"https:\/\/tunwal.com\/\" data-type=\"link\" data-id=\"https:\/\/tunwal.com\/\" target=\"_blank\" rel=\"noopener\">website<\/a>. You can also mail them to <a href=\"mailto:info@tunwal.com\">info@tunwal.com<\/a>.<\/p>\n\n\n\n<p>Tunwal will then provide you with more information about the dealership process and requirements, as well as any other necessary information.<\/p>\n\n\n\n<p>After you have been approved as a dealer, you will need to set up a showroom and purchase a stock of Tunwal electric scooters.<\/p>\n\n\n\n<p>You will also need to hire and train staff to sell and service the scooters, including training them on Tunwal&#8217;s products, policies, and procedures.<\/p>\n\n\n\n<p>Finally, you need to market your dealership and reach out to potential customers through a variety of channels, such as online advertising, social media, and print advertising.<\/p>\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-1603778916370\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">How much investment is required for the Tunwal EV scooter dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You require a minimum of 45 lakh investment to start a dealership.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603778958967\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Shop space required for Tunwal dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>The minimum space required is 2300 square feet ( for the showroom and workshop).<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603778978971\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Profit margin in Tunwal dealership?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can expect a profit margin of up to 9% to 13% on ex-showroom prices.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1603779001892\" class=\"rank-math-list-item\">\n<h4 class=\"rank-math-question \">Tunwal contact number?<\/h4>\n<div class=\"rank-math-answer \">\n\n<p>You can call Tunwal on <a href=\"tel:+91 8448448763\"><a href=\"tel:+91 8448448763\">+91 8448448763<\/a><\/a><\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>I hope this article has resolved many of your doubts related to the Tunwal electric scooter dealership. If you have any suggestions feel free to mention them in the comment box below. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The demand for electric scooters in India is strong and growing rapidly, creating new opportunities for businesses. If you are considering starting an electric scooter dealership in India, Tunwal is an established company that offers dealership opportunities. This article provides complete details related to the Tunwal dealership, including dealership cost, profit margin, contact details, and&hellip;&nbsp;<a href=\"https:\/\/smallbusinesshub.in\/tunwal-dealership\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">How to start Tunwal Dealership? Cost, Profit &#038; More<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":29036,"comment_status":"closed","ping_status":"closed","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\/29034"}],"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=29034"}],"version-history":[{"count":5,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/29034\/revisions"}],"predecessor-version":[{"id":29044,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/posts\/29034\/revisions\/29044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media\/29036"}],"wp:attachment":[{"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/media?parent=29034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/categories?post=29034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallbusinesshub.in\/wp-json\/wp\/v2\/tags?post=29034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}