Sonalika Tractor Dealership – Requirements, Cost, Profit, Applying Process

Sonalika Tractor Dealership – Requirements, Cost, Profit, Applying Process

Hello friends, today we’ll discuss about Sonalika Tractor Dealership in this post. So, if you are planning to start a tractor showroom business, choosing Sonalika Tractor Dealership would be a great. In this article we discuss about getting Sonalika Tractor Dealership, investment, profits & margin, how to apply, documents required and much more.

 

Sonalika Tractor Dealership

 

 

Sonalika Tractor Dealership Company Details :

Websitehttp://www.sonalika.com
TypePrivate Company
IndustryAutomotive
Founded1969
HeadquartersHoshiarpur, Punjab
Company size501-1,000 employees
Specialties
Sonalika is on a path of becoming the No.1 Global Tractor brand.

Basic Criteria For Sonalika Tractor Dealership :

  1. Age between 21 years to 60 years.
  2. Should financially Sound
  3. Should have minimum 3000 sqft. Area for Showroom and Service center.
  4. Capacity to Invest Approx. 80-90 Lac.

 

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Investment For Sonalika Tractor Dealership:

  1. Deposit 1.5 Lac Refundable Security Money in Company.
  2. Initially 15 nos. of Tractor billing = 75 Lac
  3. Spare parts: 5 Lac for Service center
  4. Service center Shed, Showroom & Office Construction= 10 Lac -15 Lac

Total investment Required 80 Lac – 90 Lac

Gross Profit Margin on the Tractor: 15% – 18% on MRP

Price of Tractor as follows:

  1. Sonalika DI 740 42 HP Tractor: Rs 548000/-
  2. Sonalika 745 DI III SI kander price Rs 5.75 lac to 6.20 Lac

Space required for Sonalika Tractor Dealership:

The minimum space required to start Sonalika Tractor Dealership is about 3000 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 .

 

Documents & license required to take Sonalika Tractor 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 Sonalika Tractor Dealership showroom:

The earning from Sonalika Tractor Dealership are described below:

If you sale 5 nos of 42 HP Tractor in a month.

Then Per Month Revenue will be = 548000 X 5 (No. of tractor sell per month)

Per Month Revenue will be = 27, 40000/-

Gross Profit per month = per month Revenue X Margin of per Tractor

Gross Profit per month = 27, 40,000 X 15%.

Gross Profit per month   = 4,11,000/-

 

 

Earning from Service Center:

In service center, you use tractor parts of Rs 5, 00,000/- per month.

Then Profit margins on Parts will 18% – 20%

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, 11,000 + 1,00,000

 

Total Gross Profit of Showroom & Service Center= 5, 11,000 /-

 

Note:

  1. Extra Income through Financier.
  2. Achieved monthly Sales Target.
  3. Order of Parts exceeded of Rs 5 Lac per month etc

 

Also Read: Hero Electric Dealership-Cost, Profit, Applying Process

 

How to Apply for the Sonalika Tractor Dealership ? 

To apply for the Sonalika Tractor Dealership, you have to follow some steps or you can also watch the video which is given below:

  • Visit https://international.sonalika.com/
  • 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 Sonalika Tractor Dealership, make sure that there is a vaccant space for the tractor dealership showroom.

Or, if you didn’t get any call from the Sonalika Tractor company’s customer executive within 2 days then call on the number which is given below: 

Toll free no: 1800 102 1011

 

Contact Details:

TOLL FREE NO. : 1800 102 1011

Whatsaap: +91 7717308282

Email: [email protected]

 

Head Office & Plant

International Tractors Limited Vill. Chak Gurjran, P.O. Piplanwala Jalandhar road, Hoshiarpur, Punjab, (India) 146022.

Phone: 01882 522 220

Registered Office

International Tractors Limited Pankaj Plaza-1, Plot no.2, Karkardooma Community Centre, Karkardooma, Delhi-110092 (India)

Phone: +91-11-45192200

 

For more details please visit the official website:  https://www.sonalika.com/contact-us.html

Process To get Sonalika Tractor 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 Sonalika Tractor Dealership.

 

Also Read: Jan Aushadhi Kendra Franchise- Cost, Profit, Requirements, Applying process

 

F.A.Q(Frequently asked question):

Q. Tractor 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 Tractor Dealership Business. But make sure that there should be high demand of Tractors.

Q. How many days takes to do all the process?

Ans: Approx 30 days. There is 7 approval process.

Q. Total Investment to open Tractor Showroom Dealership?

Ans: Total minimum investment Required to open a tractor dealership showroom is 80 Lac – 90 Lac. Investment Bifurcate:

  1. Deposit 1.5 Lac Refundable Security Money in Company.
  2. Initially 15 nos. of Tractor billing = 75 Lac
  3. Spare parts: 5 Lac for Service center
  4. Service center Shed, Showroom & Office Construction= 10 Lac -15 Lac

 

Q. Is it profitable or not ?

Ans: Yes. this company provide more profit about 15% – 18% on MRP. An dyou can also make good earning from the servicing of tractors and to sell the spare parts.

Q. Is there any Security Deposit or not?

Ans:  You have to deposit 1.5 lakh which is refundable.

Q. How can I contact to get Sonalika Tractor Dealership ?

Ans: Mentioned above

If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.

 

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