Are you looking to start your own dealership business in your city? If yes then you have come to the right place. As in this article, we will be talking about the largest company which holds one of the bases in India. We are talking about Castrol Ltd. So Castrol India Limited is an India-based company that manufactures lubricants for industrial and automotive. In addition to this, the company also makes products related to mobile, grease, and other bikes.
So people associated with this lubricant company are doing well with their business. That’s why we have come up with this article about the Castrol oil dealership. It also contains all the topics related to the Castrol dealership cost, profit margin, shop space, required licenses, registrations, whom to contact, etc.
Why Choose Castrol Dealership?
Castrol is a British-based automotive lubricant oil and industrial lubricant producer. It has its headquarters in Mumbai, Maharashtra. It produces engine oil and fluids for cars, commercial vehicles, farm vehicles, and heavy-duty vehicles. The product range includes engine oils, brake fluids, greases, lubricants, etc.
There are more than 70 thousand dealers connected within this company, and more than 70 thousand retailers are running their business with the products of this company.
Some of the small brands under this company are Castrol Activity, Castrol Power 1, Castrol GTX, Castrol Magnet, Castrol Edge, Castrol CRB Turbo, Castrol Vecton, and Castrol Go. The company’s products include Castrol CRB Multi, Castrol CRB Turbo Plus, Castrol Vecton CI4+, Castrol Magnatec Professional OE 5W20, etc.
Licensed and Registered Required:
Here are the licenses and registrations which are required to open a Castrol oil dealership in your city in 2022.
- Company registration – Sole proprietorship/LLP/Pvt Ltd
- Trade Licence – from your local municipality.
- GST registration.
- Previous bank statements/income tax returns
- Shop & establishment Registration from the state government.
- Business insurance is required.
Investment for Castrol Oil Dealership
A good investment is required to start this Castrol oil dealership. Moreover, it depends upon the location, land, and investment you make. For example to start this dealership you need approximately 5 – 6 lakhs rupees to start this dealership.
Moreover, your actual investment will depend upon the quantity of the stock that you are going to buy at the beginning.
If you don’t have your own space then it would cost you more to rent a space to start this business.
Land Cost:- Rs. 5 Lakhs To Rs. 10 Lakhs (If the land is your own then this money will not be charged)
Distributorship Fees:- Rs. 2 Lakhs To Rs. 5 Lakhs
Storage/Godown Cost:- Rs. 2 Lakhs To Rs. 5 Lakhs
Vehicle Cost:- Rs. 2 Lakhs To Rs. 5 Lakhs
Other Charges:- Rs. 1 Lakhs To Rs. 1.5 Lakhs
Total Investment:- Rs. 5 Lakhs To Rs. 12 Lakhs
The working capital required is for employer salary, utility bills, adding stocks, shop rent, etc.
Profit Margin in Castrol Dealership:
You can expect a profit Margo of about 15% – 25% in this Castrol oil dealership. This profit is directly proportional to the number of sales you have made. If you have made more sales then you will be able to gain more sales and bonuses offered by the company.
The company also offers schemes and bonuses from 6 months to 1 year after you have opened your dealership.
Land for Castrol Distributorship:
Here are the Land details for you to start this dealership. If you need extra space for your godown you need some more space to rent. If you own a property then you don’t have any problem with the land requirements.
Office:- 150 Square Feet To 200 Square Feet
Godown:- 1000 Square Feet To 1500 Square Feet
Other Space:- 200 Square Feet To 400 Square Feet
Documentation For This Dealership:
To start this business here are the certain documents which you need to submit to the company. This will help you to take the franchise of the company which is as follows.
- Personal documents include ID proofs like PAN cards, Aadhar cards, Voter cards, etc.
- Address proof includes electricity bill and ration card.
- Bank account with passbook.
- Photograph, Email ID and phone number, and other documents.
- GST no and TIN no are also needed to start this business.
- Lease agreement and complete property document with the title and address.
Castrol Dealership Contact Number
Castrol India Ltd.
Technopolis Knowledge Park, Mahakali Caves Road, Andheri (East)
General Enquiry: +91 22 6698 4100
Technical Enquiry: 1800209 8100/+91 22 6783 9800
How to Apply For Castor Oil Dealership?
To apply for this dealership you have to apply to the company’s official website.
First of all, you have to go to the company’s website. Then you need to go to the home page, then click the contact us.
Here you have to come to the distributor inquiry inside the email. Then you will get an email.
At this email address, you have to send your complete details along with your company name and address.
After a few days, the company will contact you if you are selected for this franchise. Go through the terms and agreement in this franchise before you accept the agreement from the company.
Your eligibility will depend upon certain factors, which include the density of other Castrol oil dealers in your area, your experience in trading, the location of the shop, your financial background mostly, etc.
I hope this guide for Castrol oil dealership, has given you an idea of how to get started in this lubricant oil business. Moreover, if you are looking for more answers and information, we will be glad to help you out with your queries. Please mention your feedback and queries in the comment section below. So that we can discuss further details about this dealership for your business. We assure you with the right information you will be able to find the best space to start your dream business and earn a profit.