Nuvoco Cement Dealership- Requirements, Investment, Profit, Applying Process, Contact Details
Nuvoco Cement Dealership- Requirements, Investment, Profit, Applying Process, Contact Details
Today, we will discuss about the cement business, if you are planning to start a cement dealership business, choosing Nuvoco cement dealership would be a great option. In this article, we will discuss about the Nuvoco cement dealership, Investment, profits & margin, Documents, Space Requirements and many more.
Company Overview:
| Website | https://nuvoco.com/ |
| Type | Public Company |
| Founded | 1999 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Building Materials |
| Company size | 1,001-5,000 employees |
| Specialties | Cement, Aggregates, Concrete, Infrastructure, Construction, Water Proofing, Ready-mix concrete, and Building Materials |
Why to choose Nuvoco Cement Dealership?
- Nuvoco Vistas Corp. Ltd, a Nirma Group company, is a leading manufacturer and retailer of building materials in India with a vision to ‘Build a Safer, Smarter and Sustainable World.
- Nuvoco is one of the top cement manufacturers in India, and the leading player in the East
- The company currently operates out of 6 cement plants and 65 ready mix concrete plants in India. It has premises located across all major cities and towns in India.
- A wide network of about 4500+ cement dealers.
- It has 5 company cement like PSC, Concreto, Duraguard, Nirmax, lnfracem
- It provide good profits and margin.
- You can start their dealership in very less investment.
Read also: How to apply for the Berger Paint Dealership?
Read also: How to apply for the Asian Paint Dealership?
Basic Criteria For Nuvoco Cement Dealership:
- Applicant should completed the age of 21 years.
- Applicant qualification should be 10th /12th.
- The applicants should free from any criminal cases.
- Should Knowledge about the Cement Business.
Nuvoco Cement Dealership Investment:
If you want to open Nuvoco cement dealership then you need approximate INR 5 lakh – 8 lakh to start Nuvoco Cement dealership.
- It totally depends on you that in which scale you are going to start this dealership.
- Dealership Security Deposit via DD :- 1.5 – 2 lakhs( Maximum you can deposit 5 lakhs in which the company will give you interest around 4-5% per annum).
- Initial Stock Purchase :- Minimum of 2 lac – 2.5 lac(approx 550-600 cement bags)
- Shop Interior and Warehouse -> 1 lakhs
- Labour for loading and unloading (1st month salary) -> 21,000 (3 people)
- Shop and godown cost -> (It depends on the area or your shop location).
- Vehicle for Delivery – If Required
Read also: How to apply for the Asian Paint Dealership?
Read also: How to apply for the Berger Paint Dealership?
Nuvoco Cement Product Details:
The company offers a range of cement variants through its brand portfolio of 4 marquee brands: Concreto, PSC, Duraguard, Infracem.
Space Required for Nuvoco Cement Dealership:
If you want to open Nuvoco cement dealership then you need minimum commercial shop space is about 500 – 600 sqft. However, if you are planning to sell other building materials together with cement then you may require more space.
- Minimum capacity :- 5000 kg
- Shop :- 100-150 sq ft.
- Godown :- 400-500 sq ft.
Make sure that your shop has enough parking space for loading and unloading cement. And the space must be in such place where the demand of cement is high.
Read also: How to start Ultra tech cement dealership?
Read also:How to start ACC Cement dealership?
Documents Required:
ID Proof :- Aadhaar Card, PAN Card, Voter Card
Address Proof :- Electricity Bill/Ration Card
Qualification Certificate
Photograph, Email Id, Mobile Number
Current A/C and cancel Cheque.
GST Registration Number
Outlet Trade license.
Shop agreement / Sale deed.
ITR annul return( If required then company may ask)
Rent agreement
NOC
Nuvoco Cement Dealership Profits and Margin:
You can expect a profit of around 4% to 5% on sales.
Your profit margin depends on the total sales you have made. If you are able to fulfill company’s monthly sales then you will be eligible for company bonus schemes.
These schemes usually start after 6 -8 months from the date, you start your dealership. If you succeed in meeting those sales targets then you can expect up more than 10% profit margin.
By the way, it depends on that how you deal with the customer.
How to apply for the Nuvoco Cement Dealership?
To apply for the Nuvoco Cement dealership, first, you need to contact your area sales officer. You can get his number by submitting a contact form to its official website: Click Here
- Go to the above link.
- Fill all the required details and submit the form.
- Within 24 hrs. you get a call from the Head office of your area.
Once you get in touch with the area sales manager, he will guide you in setting up your cement dealership shop and help in managing your business.
Make sure that there is no any other Nuvoco cement dealer in a 3-4 kilo meter radius from your planned shop. If there is any Nuvoco cement dealer nearby, then the chances of your getting a dealership are very less.
Nuvoco Cement Dealership Contact Details:
NUVOCO Vistas Corp Ltd.
Equinox Business Park,
Tower-3, East Wing, 4th floor,
Off Bandra-Kurla Complex,
LBS Marg, Kurla (West),
Mumbai 400070
Phone: +91 (0) 22 6769 2500
Fax: +91 (0) 22 6630 6510
Call: 1800 345 6666
Process To get Nuvoco Cement 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 10-15 days you can start you Nuvoco Cement Dealership.
Also Read: How to apply for the JK Lakshmi Cement Dealership ?
F.A.Q(Frequently asked question):
Q. Nuvoco Cement Dealership business is a good idea or not ?
Ans: Everything has a two side one is advantages and some disadvantages. So, if you are opening your shop in such place where the demand of cement is very high then you can make more profit and also increase you earning. So, before opening cement shop do survey in your area.
Q. How many days takes to do all the process?
Ans: Approx 10-15 days.
Q. Total Investment to open Nuvoco Cement Dealership ?
Ans: Total minimum investment Required to open a Nuvoco Cement dealership shop is 8 Lac – 10 Lac. Investment Bifurcate:
- It totally depends on you that in which scale you are going to start this dealership.
- Dealership Security Deposit via DD :- 2 -3 lakhs( Maximum you can deposit 5 lakhs in which the company will give you interest around 4-5% per annum).
- Initial Stock Purchase :- Minimum of 2 lac
- Shop Interior and Warehouse -> 1 to 1.5 lakhs
- Labour for loading and unloading (1st month salary) -> 30,000 (3 people)
- Shop and godown cost : (It depends on the area or your shop location).
Q. Is Nuvoco cement dealership profitable or not ?
Ans: Yes, this company provide more profit about Rs 20 to 25 on per bag. By the way the margins varry in this business time to time. And if you want to make more money from cement dealership business then every cement company has a target and some scheme. So, if you achieve your sales target then then you’ll be eligible for the schemes.
Q. Is there any Security Deposit in Nuvoco cement dealership or not?
Ans: You have to deposit 1.5-2 lakh which is refundable.
Q. How can I contact to get Nuvoco Cement Dealership ?
Ans: Mentioned above
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