Category
  • Advertisement & Media
  • Automotive
  • Beauty & Health
  • Business Services
  • Dealers & Distributors
  • Education
  • Entertainment
  • Fashion
  • Food And Beverage
  • Home Based Business
  • Hotels And Resorts
  • Manufacturing
  • Retail
Price Range
  • Rs. 10 K - 50 K
  • Rs. 50 K - 2lac
  • Rs. 2lac - 5lac
  • Rs. 5lac - 10lac
  • Rs. 10lac - 20lac
  • Rs. 20lac - 30lac
  • Rs. 30lac - 50lac
  • Rs. 50lac - 1 Cr.
  • Rs. 1 Cr. - 2 Cr
  • Rs. 2 Cr. - 5 Cr
  • Rs. 5 Cr. Above
Location
  • Andhra Pradesh
  • Arunachal Pradesh
  • Assam
  • Bihar
  • Chandigarh
  • Chhattisgarh
  • Daman & Diu
  • Goa
  • Gujarat
  • Haryana
  • Himachal Pradesh
  • Jammu & Kashmir
  • Jharkhand
  • Karnataka
  • Kerala
  • Lakshadweep
  • Madhya Pradesh
  • Maharashtra
  • Manipur
  • Meghalaya
  • Mizoram
  • Nagaland
  • New Delhi
  • Orissa
  • Pondicherry
  • Punjab
  • Rajasthan
  • Sikkim
  • Tamil Nadu
  • Tripura
  • Uttaranchal
  • Uttar Pradesh
  • West Bengal
  • Telangana
PETROMIN

PETROMIN

Category: Automobiles And Ancillary
No. of Franchise Outlets: Less than 10
Area Req: 1200 - 5000 Sq.ft
Investment: Rs. 5lac - Rs. 10lac
Business Details

Dealer & distributor model for you with great profitability by Petromin Corporation...Read on!

Petromin Corporation was formed in 1968 by a Royal decree. On the date of its inception, the company's name was Petromin Lubricating Oil Company (Petrolube) which was one of the joint ventures of the General Organization of Petroleum and Minerals (Petromin). The company was renamed as the Saudi Arabian Lubricating Oil Company in 1997. Since 2008, the company is now simply called Petromin Corporation.

In 1995, the company decided to build its own drum manufacturing plant in Riyadh to cover its own requirement of over 200,000 metal drums annually and sell the same to the third party blenders. This plant now operates under a joint venture with a global player.

Within the 45+ years, since its inception, Petromin Corporation has continually expanded and grown in manufacturing capacity and product development.

Today, Petromin Corporation produces over 150 different products, & is the market leader in the Kingdom of Saudi Arabia, exports to over 35 countries in the GCC, Middle East, Africa and Asia.

Where it is deemed that exports are not feasible, and where the demand for Petromin Oils is attractive, the company normally concludes royalty or local blending arrangements whereby Petromin gets its product manufactured and marketed under its brand name and under company's strict quality controls and procedures. 

Desired Profile:

  • Leadership experience in related field
  • A track record of success in providing the highest level of customer service & satisfaction in business
  • Entrepreneurial excellence with zeal to become successful

Support & Perks:

  • Manuals for support
  • Marketing guidance
  • Advertisement support

Here is what you need to explore and start as a dealer & distributor.

Petromin Corporation Team

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PETROMIN Investment Details

Commenced Dates
Date Commenced Operations
1969
Date Commenced Frachising / Distribution
2004
Franchise Details
Units
Area
Investment
Franchise/Brand Fee
Royalty/Commission
Store Wise
Rs. 5lac - 10lac
200000
25
Master / Multi Units
Area
Investment
Unit/Brand Fee
Master/Brand Fee
Royalty/Commission
City Wise
Rs. 10lac - 20lac
Trade Partners Detail (Dealers, Distributors, MBOs, Retailers)
Types of Channels
Investment
Margin
Area Requirement
Distributor
Rs. 10lac - 20lac
25-30
1200 - 5000 Sq.Ft.
Expansion Locations
North
 
South
Karnataka 
East
 
West
 
Center
 
Union Territories
 
Franchise Details (Optional)
Want to expand
Nationwide
Exclusive territorial rights to a unit
Yes
Performance guarantee to unit franchisee
No
Anticipated percentage return on investment
30
Likely pay back period of capital for a unit franchise
2 - 5 Year
Other investment requirements

PETROMIN Property Details

Type of property required for this franchise opportunity
Commercial
Floor area requirement
1200 - 5000 Sq.ft . (1 Sq Meter = 10.76 Sq Ft.)
Preferred location of unit franchised outlet

PETROMIN Training Details

Detailed operating manuals for franchisees
Yes
Where is franchisee training provided?
Bangalore/Hyderabad
Is field assistance available for franchisee?
No
Will someone from Head Office provides assistance to franchisee in opening the franchise?
Yes
What IT systems do you presently have that will be included in the franchise?
Yes

PETROMIN Agreement & Term Details

Do you have a standard franchise agreement?
Yes
How long is the franchise term for?
5 years
Is the term renewable?
Yes
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PETROMIN
  • Investor
  • Franchisor
  • rememberMe
  • Investor
  • Franchisor
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