Summary of terms for Dealer (Auto LPG ) COCO
Eligibility criteria Person aged minimum 18 years.
Financial Requirement Franchisee Fee: 50,000/- (Rupees fifty thousand) only one time with security deposit.
Infrastructure Minimum 500 sq. mtr. land (20 mtr. x 25 mtr.) on main road in the city with boundary wall & Office on ALDS.
Security deposit Rs. 5 Lac refundable with 8% simple interest per annum at the time of maturity.
Terms Minimum 10 years or more extendable with mutual consent.
Jurisdiction/area 5 Km. radius
Statutory requirement No objection certificate from District Magistrate and change of land use. Other requirement will be done by the authorized person to run the ALDS or by the company as the case may be
Rates of Auto LPG Changed as per international market every month on the pattern of government oil company
Procurement Stock will be handled by the authorized person or company.
Supply Dispense in the registered vehicle only
Maintenance of stock Stock for 3day’s supply by the authorized person or company.
Responsibility Nil
Return on investment Margin
For North India
Rs 0.75 per ltr.
For South India &West Bengal
Rs 1.50 Per ltr
Or fixed rent 4 to 5% of the market value with security from the company as per mutual consent 

 

Projected Income per annum

where diesel auto running:
Rs. 08.10 Lac
where diesel auto banned:
Rs. 027.00 Lac

Rs. 54.00 Lac

Rest part of India negotiable as per distance from import/storage facility 
Publicity As per company policy
Submission of report/returns Nil
Surrender of association-ship 3 months’ notice in writing before completion of lease period
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
  1. The acceptance or rejection of the application is at the sole discretion of the company.
  2. The company reserves the right to change, amend, add or delete any/all clauses without any notice
  3. All disputes are subject to jurisdiction of Delhi courts only.