Apply Havells Dealership
How much is a Havells Dealership cost, Investment & Profit Margin?
Havells Dealership
The common mistake we make is Havells is of foreign origin. Havells as a brand is purely homegrown and one of the successful electrical equipment companies that emerged from Delhi. Havells Dealership is an Indian company that manufactures jaw-dropping products such as kitchen appliances, heaters, modular switches, cables, and wires. Taking up Havells dealership or distributorship can help you deal with such products.
Investment Required for Havells Dealership
Havells Agency believes that shareholders are the heart of their business. They are the ones who create value for their products. To become a part of Havells distributorship, Havells franchise or Havells agency investment plays a crucial factor. One must know all the investment required to open an electrical dealership depends on many factors.
If you have your own land and want to establish a Havells distributorship then you can save a lot of money. But, if you do not have land and shop then it is going to be quite expensive out there. Additionally, if you are willing to deal with most of Havell’s products then you need to invest more.
The less you deal, the lesser you invest. You also need to pay for brand security and manpower that you will hire. Now, the detailed investment required to open a Havells Distributorship is given below:-
| Brand Security | Rs 7-8 lakhs |
| Shop Cost | Rs 1-2 lakhs |
| Godown cost for storage | Rs 2-3 lakhs |
| Interior & Designing | Rs 50k-1 lakhs |
| Equipment (table, chairs, computer, Wi-Fi, CCTV, and printing machine) | Rs 50k-1 lakhs |
| Manpower (1-2) | Rs 20-30k |
| Vehicle (minimum 1) | Rs 50-60k |
| Total Investment | Rs 10-15 Lakhs |
Investment Required for Havells Dealership
These are the necessary investments that you need to do before and after opening a Havells distributorship.
Area Required for Havells Dealership
To open such a reputable distributorship you must have a good piece of land registered. Additionally, the usage of land must be efficient so that you earn a good profit from it. The land is the first major parameter that an individual must have. In the same way, the land requirements depend on your business with Havells. If you are willing to deal with almost every product then the shop requirement will be high and vice-versa. You need to have a proper godown as well where you will need to stock products supplied from Havells. Also, make sure your area is located in a good location where there is a good electrical connection and road facility. The land requirements for the shop and godown are given below:-
Shop space required- 500-700 square feet
Godown space required- 1500-2000 square feet
Total space required- 2000-2700 square feet
The total area includes the delivery system, loading, unloading, billing counter, washroom, and other counters area as well. One must ensure the good safety of the godown as most products will be stored there.
Documents Required
Documents are proof that you are legally willing to be a part of a reputable business. You must have valid and updated documents while opening a Havells distributorship. While dealing with Havells we have separated documents into two categories they are Personal Documents and Property Documents. Now, some of the personal documents required to start a Havells dealership are the following:-
- Aadhar Card, PAN card, and Voter ID is required as an identification proof
- A Ration Card or electricity bill for the past month can be given for address proof
- Current active bank details must be provided along with their passbook
- Passport-size photographs will be needed at least 2-4
- Valid Email ID, Phone number, and WhatsApp number
- Education-related documents are also required which will be revealed to you by the official members
Now, some of the property documents required for Havells dealership are the following:-
- GST Number for goods and service tax deduction
- Shop Agreement
- Loan agreement papers if any
- Rent agreement
Other licenses and permits are required to open an electrical shop. The requirements differ from state to state so visit the respected municipal corporation and do ask them what are the requirements.
- Profit Margin
- Is Havells Dealership Profitable?
- Return on Investment (ROI)
We all know Havells has a wide range of products. The profit margin will depend on what products are willing to deal with. Being one of the most reputable electrical companies Havells did not disclose this information.
Electrical goods are always in demand. On average a profit margin of 20% can be expected from any electrical product you sell. Normally, any electrical franchise earns Rs 5-10k per day. If you are a good wholesaler then you can earn up to Rs 20-25k per day.
Havels is amongst the top-rated brands when it comes to electrical appliances & gadgets including wires, geysers, and motors. Havells has established itself as a trusted & heavy brand. The majority of Indians trust this brand & tend to buy electric goods from Havells brand. Moreover, Havells offers a good profit margin to its retailers & dealers.
Thus we can conclude that Havells Franchise is profitable & will surely yield a profitable dealership business.
For a Dealership, as good as Havells Dealership, the Return on Investment for the Franchise will depend upon the type of area & location of the dealership. For an outlet in a prime location, you can expect your Investment return within 1-2 years of starting the agency.
Interior Design
