In this blog, we will advise you on how you can get ather electric scooter dealership in your city with complete cost and profit info.
Do you the rage for electric scooters has taken the storm in everyone’s mind. This is going to be the new era for electric scooters in the future and coming years. Many companies have started to use this opportunity to start their own brand of electric vehicles. And one of the company which has garnered investors’ attention is Ather Energy.
Ather was established in 2013 is a Bangalore-based electric vehicle company. It has its headquarters in Bangalore, Karnataka and its factory is situated in Hosur, Tamil Nadu. So in this article, we will be talking about how to start your own business with an Ather dealership in your city. It’s cost, profit margin, licenses, documents requirements and so how to apply for this dealership etc.
Why Choose Ather Energy?
Ather Energy is a private Indian electric vehicle manufacturing company. It was started by Tarun Mehta and Swapnil Jain. They manufacture two types of scooters namely model name is Ather 450X and Ather 450 plus. The founders started to manufacture these electric vehicles when the competition was low. But at recent times the competition has taken a new turn with high competitors like Ola and Hero. But the major aim of this company is to provide affordable electric scooters in India. Ather Energy has expanded its presence across Pune, Mumbai, Kochi, Jaipur, Hyderabad and Ahmedabad.
At present, the company is looking forward to increasing their production in the coming years. On yearly basis the company manufactures around 40000 electric scooters. One can get these electric scooters in 3 colors. The available colors are space grey, mint green and white. Right now Ather Energy provides its dealerships in 27 cities in more than 15 states.
But if you want to start this Ather Dealership as your electric two-wheeler business. Then this one is for you. Moreover, if you have any doubts regarding the queries with this company dealership then you can call on their helpline number.
Ather Electric Scooter Dealership 2022:
If you want to apply in this Ather Dealership, then you need to visit to their official websitehttps://www.atherenergy.com/. Then in the homepage area you will see a category retail partnership. You need to click on this link. It will redirect to a new partnership form page. After landing on this page you will see a tagline where it states that the future of automobiles is the future of retail messages.
Then after reading this message you can scroll the next section. To select the next step and you will reach a new page. Then you will reach a new page. On this page you need to shade your details and give some answers. Then you need to apply for the application form and fulfill all the necessary details. After fulfilling all the details there comes an option to invest. You have to choose from 1-5 crores or above in the section. Then after providing the details the Ather team will connect with you if you are shortlisted.
Basic Criteria for the ATHER Electric Scooter Dealership:
Here are the basic requirements for the eligible franchisee to start this Ather Dealership business. They are the minimum age should be 21 years. They should be graduates and should have to capacity to afford from 1 – 2crore. They should have relevant experience in the automobile industry. They should have a godown capacity of about 500 sq.ft. Then you should have a 2000 sqft area(1000 sqft for showroom and 1000 for service center). You should have the tendency and ability to manage and supervise your business.
Investment for the ATHER Electric Scooter Dealership:
Here are the details for the investment for the ATHER Electric Scooter Dealership.
- For the godown/space showroom/service center: 10 lakhs.
- Interior infrastructure – 10 lakhs.
- Initial Stock (50 Bikes) = 60 Lac
- Spare Parts for Service Bike = 5 Lac
- Working Capital = 25 Lac
- Computer System, Printer, Internet Connectivity, Phones & Staff Dress = 3 Lac.
- License fee: 50,000
- Miscellaneous expenses: less than 2.5 lakh rupees.
- The showroom/warehouse lease amount will cost you extra.
The monthly expenses are the rent for the showroom/warehouse, rent, staff, labor salary, inventory purchase, utility bills, etc.
You need approximately 2 – 5 crores of investment, considering the area for the showroom and the workshop.
EV dealers will have a profit margin according to sales. Here are the facts that will depend upon the sales.
- Bikes Commission
- Instant Discount by the company whenever Bike Orders by cash
- Extra Accessories
- Finance (4%)
- Extra Bonus for Sales Target Achieve in sales & Service
- Insurance Agent Commission
After 3 – 5 years you can expect some revenue from the spare parts sales, especially the replacement of the battery.
Licenses and Registrations Requirements:
These are the licenses and registrations to be included for this Ather Dealership.
- Dealership license
- Business Registration – Sole proprietorship/LLP/Pvt Ltd.
- Shop and Establishment Registration from the Local state government board.
- Trade License from the local municipality office.
- GST Certificate.
- Good CIBIL score.
- Valid land documents/Lease agreements.
- Business insurance.
If you lack the business capital, then you can approach the banks for business loans with a proper business plan.
How to Get Ather Dealership Number?
You can contact the company on their phone number +9108066465757. Also, you can contact them on their official website.
The helpline number is:- +91 7676-600-900
Email ID:- email@example.com
3rd Floor Tower D, IBC Knowledge Park, Bannerghatta Main Road, Bengaluru, Karnataka 560029 Ph: 080 66465757
Hosur, R Agraharam, Tamil Nadu 635114
But make sure there are no other Ather dealers in your nearby location radius from your showroom. If there are any then the chances of you getting this dealership are bleak.
If you need any help from our team then please fill out the contact form our team will contact you soon. And if you like this post then please share this. These are the important details related to the Ather Dealership. I hope this article has provided the right information about this franchise. If you have any doubts regarding the queries with this company or suggestions. Let us know in the comment section below.