Summary of terms for Dealer (Auto LPG ) DODO | |
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Eligibility criteria | Person aged minimum 18 years, educated, having good reputation in the market. |
Financial Requirement | 80 lacs (`Eighty lacs) only. |
Security deposit | Rs. 5 Lac refundable with 8% simple interest per annum at the time of maturity. |
Franchisee Fee | 1,50,000/- (Rupees 1 lac fifty thousand) only one time payable with 1st order(Non Refundable). |
Infrastructure | Minimum 500 sq. mtr. land (20 mtr. x 25 mtr.) on main road in the city with boundary wall & office. |
Terms | Minimum 15 years or more extendable with 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 liability/cash transactions etc., other local, if any. |
Rates | Changed as per international market every month on the pattern of government oil companies. |
Procurement | Order three days advance on whatsapp and receive the material at ALDS. |
Supply | Dispense in the registered vehicles only |
Maintenance of stock | Stock for 3day’s supply subject to storage capacity of tank. |
Responsibility | Operations & maintenance of ALDS by staff duly trained by company. Annual maintenance of ALDS by approved installer and compliance of statutory requirement as per explosive rules from time to time. |
Return on investment | Margin
Rs. 6.00 per ltr |
Publicity | As per company policy mentioned at website. |
Submission of report/returns | Submit periodical reports/returns required by the company. |
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 |
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