Greaves Auto Dealership- Requirements, Cost, Profit, Contact details, Dealership Enquiry
Greaves Auto Dealership- Requirements, Cost, Profit, Contact details, Dealership Enquiry
Hello friends, are you looking to invest in the auto franchise that has a growing platform and become the leading automobile distributor in India? So, today we’ll discuss about Greaves Auto Dealership in this post. So, if you are planning to start a 3 wheeler showroom business, choosing Greaves Auto Dealership would be a great. In this article we discuss about getting Greaves Auto Dealership, investment, profits & margin, how to apply, documents required and much more.
- Greaves Cotton Limited is a diversified engineering company and a leading manufacturer of Clean tech Power train Solutions (CNG, Petrol and Diesel Engines), Generator sets, Farm equipment, E-Mobility, Aftermarket spares and services. Greaves Cotton is a multi-product and multi-location company with rich legacy and brand trust of over 160 years and has established itself as a key player impacting billion lives every day.
- Greaves Engines, Greaves Power, Greaves Agri, Greaves Aftermarket, Greaves Care, Greaves Global and is backed by comprehensive support from 350 Greaves big retail Centers & 5300+ smaller spare parts retail outlets across the country.
Why should you choose Greaves Auto Dealership ?
- In the last five years, the production turnover has grown by three folds.
- It provides the opportunity to become a distributor in India of its most rugged auto vehicles.
- Good return on investment.
Greaves Auto Dealership Company Details :
| Website | https://www.greavescotton.com/ |
| Type | Private Company |
| Industry | Automotive(3 wheeler) |
| Founded | 1859 |
|---|---|
| Headquarters | Mumbai, Maharashtra |
| Company size | 1,001-5,000 employees |
| Specialties | Auto rickshaw, Tuk-Tuk, E-rickshaw(2 & 3 wheeler) |
Basic Criteria For Greaves Auto Dealership:
- Age between 21 years to 60 years.
- Should financially Sound
- Should have minimum 2000 sqft. Area for Showroom and Service center.
- Capacity to Invest Approx. 40-45 Lac.
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Investment For Greaves Auto Dealership:
- Deposit 5 Lac Refundable Security Money in which Company gives you interest.
- Initially 8 nos. of Auto billing and 4 electric 3 wheeler
- Franchise Cost: 2.36 lakh which is non-refundable.
- Spare parts: 3.5 Lac for Service center
- Service center Shed, Showroom & Office Construction= 2 lac
Total investment Required 40 Lac – 45 Lac
Gross Profit Margin on the 3 wheeler: 17k – 18k on MRP
Gross Profit Margin on the 3 wheeler(EV): 20K – 22K on MRP
Space required for Greaves Auto Dealership:
The minimum space required to start Greaves Auto Dealership is about 1500 sq ft – 2000 sq ft and above. Make sure the commercial space must be in good place such as market or in that place where most of the people visit to busy other vehicle .
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Documents & license required to take Greaves Auto Dealership:
- Pan Card
- Aadhaar Card
- Address Proof
- Cancel cheque
- GST Certificate
- Trade License
- MSME License
- Business Registration
- Bank Solvency Certificate
- Commercial space paper
- ITR(Last 2yrs.)
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Earning from Greaves Auto Dealership showroom:
The earning from Greaves Auto Dealership are described below:
If you sale 5 nos of Diesel Auto in a month.
Then Per Month Revenue will be = 3,50,000 X 5 (No. of Auto Auto sell per month)
Per Month Revenue will be = 17,50,000/-
If you sale 5 nos of EV Auto in a month.
Then Per Month Revenue will be = 1,20,000 X 5 (No. of EV Auto Auto sell per month)
Per Month Revenue will be = 6,00,000/-
Total Revenue =23,50,000.
Gross Profit per month = per month Revenue X Margin of per (auto + EV)
Gross Profit per month = (17,50,000 x 18%) + (6,00,000 x 22%)
Gross Profit per month = 4,29,500/-
Earning from Service Center:
In service center, you use Greaves auto parts of Rs 5, 00,000/- per month.
Then Profit margins on Parts will 17% – 25%
Gross Profit will be: 5,00,000/- X 20%
Gross Profit per month will be = 1,00,000/-
Total Gross Profit of Showroom & Service Center = Gross Profit of Showroom + Gross profit of Service center
Total Gross Profit of Showroom & Service Center = 4, 29,500 + 1,00,000
Total Gross Profit of Showroom & Service Center= 5, 29,500 /-
Note:
- Extra Income through Financier.
- Achieved monthly Sales Target.
- Order of Parts exceeded of Rs 5 Lac per month etc
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How to apply for the Greaves Auto Dealership ?
To apply for the Greaves Auto Dealership, you have follow some steps which is given below:
- Visit https://www.greavescotton.com/contact-us
- Click on the above link.
- Fill all the details on the dealership form.
- Submit the form successfully.
- Within 2-3 days, you get a call from customer executive.
Before applying for the Greaves Auto Dealership, make sure that there is a vaccant space for the Greaves Auto Dealership showroom.
Or, if you didn’t get any call from the Greaves Auto company’s customer executive within 2 days then call on the number which is given below:
Toll free no: 1800 102 1011
Contact Details:
REGISTERED OFFICE
For more details please visit the official website: Click Here
Process To get Greaves Auto Dealership:
- Firstly you have to send you store location images and details to the manager.
- They will survey your area properly, and discussed with you .
- After a meeting from area manager, they will decide that they will approve or not.
- If they’ll approve, then agreement will be done between you and the company.
- Now, the area manager will help you to setup your business and make the agreement.
- They’ll provide you training and a sales man will work with you.
- And the process take 30 days.
- So, after 25-30 days you can start you Greaves Auto Dealership.
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F.A.Q(Frequently asked question):
Q. Greaves Auto Dealership showroom business is a good idea or not ?
Ans: Everything has a two side one is advantages and some disadvantages. So, if you have a good investment then you can open the Greaves auto Dealership Business. But make sure that there should be high demand of Auto in your area.
Q. How many days takes to do all the process?
Ans: Approx 30 days. There is 7 approval process.
Q. Total Investment to open Greaves Auto Dealership Showroom ?
Ans: Total minimum investment Required to open a Greaves Auto dealership showroom is 40 Lac – 45 Lac. Investment Bifurcate:
- Deposit 5 Lac Refundable Security Money in which Company gives you interest.
- Initially 8 nos. of Auto billing and 4 electric 3 wheeler
- Franchise Cost: 2.36 lakh which is non-refundable.
- Spare parts: 3.5 Lac for Service center
- Service center Shed, Showroom & Office Construction= 2 lac
Q. Is it profitable or not ?
Ans: Yes. this company provide more profit about 17% – 18% on MRP. An dyou can also make good earning from the servicing of auto and to sell the spare parts.
Q. Is there any Security Deposit or not?
Ans: You have to deposit 5 lakh which is refundable.
Q. How can I contact to get Greaves Auto Dealership ?
Ans: Mentioned above
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