Summary of terms for Dealer (Auto LPG)
Eligibility criteria Person aged minimum 18 years, educated, having good reputation in the market
Financial Requirement COCO : nil CODO : Rs. 30lac DODO : Rs. 80lac
Infrastructure Office on ALDS ALDS duly licensed by explosive department.
Security deposit Rs. 5 Lac on 8% simple interest per annum on maturity.
Franchisee fee COCO : ₹. 50,000/- (Rupees fifty thousand) only one time with security deposit.
CODO : ₹. 1.00 lac (Rupees one lac) only one time with security deposit.
DODO : ₹. 1.50 lac (Rupees one lac fifty thousand) only one time with security deposit.
Terms Period of lease executed with further renewal by mutual consent.
Jurisdiction/area 5 Km. radius
Statutory requirement i) Shop establishment, ii) GST Registration iii) Insurance of ALDS containing plant & machinery/ Stock-in-trade/third party liability/public/cash transactions etc., other local, if any.
Rates Changed as per international market every month on the pattern of government oil company
Procurement Place order three days before on whatsap and receive at ALDS.
Supply Dispense in the registered vehicle only
Maintenance of stock Stock for 3day’s supply.
Responsibility Coco: Nil Codo & Dodo: operation & maintenance of ALDS by staff duly trained by company. Annual Maintenance of ALDS by approved installer
Return on investment
For North India: For South, West Bengal:
Coco:Rs 0.75 per ltr.
Codo: Rs 1.40 Per ltr
Dodo: Rs 2.30 Per ltr.
Coco: Rs 1.50 Per ltr
Codo: Rs 2.75 Per ltr
Dodo: Rs 4.10 Per ltr
Rest part of India negotiable as per distance from import facility
Income per annum
Where diesel auto running Where diesel auto banned
Coco: Rs. 08.10 Lac
Codo: Rs. 12.87 Lac
Dodo: Rs. 22.59 Lac
Coco: Rs. 027.00 Lac
Codo: Rs. 124.84 Lac
Dodo: Rs. 157.24 Lac
For South, West Bengal
Coco: Rs. 54.00 Lac
Codo: Rs. 173.51 Lac
Dodo: Rs. 222.11 Lac
Rest part of India negotiable as per distance from import facility
Support from company i) Training to sales representative, accountant, clerk and any other staff to be appointed by the dealer at business associate/company’s office.
ii) Provide printed stationery at reasonable rates, if desired by the dealer.
Guidance for getting NOC from Distt. Authority.
iii) Re-imbursement of 50% expenses of the salary/incentive of business consultant, liasioning assistant, surveyor engaged on the terms laid down by the company to establish and develop his business as well as for publicity in his area.
iv) Support in arranging funds from the banks/financial institutions against collateral for construction of ALDS, purchase of machinery working capital. However, in any case, company can introduced his associate concern in partnership also, if required
Publicity Share basis with company
Submission of report/returns Submit periodical reports/returns to the company
Surrender of association-ship 3 months’ notice in writing before completion of lease terms
Arbitration clause In case, any dispute arises between the parties, it will be referred to the sole arbitrator to be appointed by managing director of the company and jurisdiction will be Delhi only.
Miscellaneous provisions i)The acceptance or rejection of the application is at the sole discretion of the company. ii)The company reserves the right to change, amend, add or delete any/all clauses without any notice iii)All disputes are subject to jurisdiction of Delhi courts only
FAQ (Q-47 to 82) Dealer Auto LPG Detailed terms & conditions Projected profitability Step by step action Application form Cat I Application form Cat II and III