Indo Petroleum Marketing

Area Requirement -N/A-
Investment Size INR 5 Lac - 10 Lac
Franchise Outlets Less than 10

Business Detail

IPM is a Ministry of Petroleum approved Oil Marketing Company having obtained Ministry approval in December 2021.

It has finalized fuel sourcing arrangements with major Oil and Gas companies. Now it wants to appoint Master Franchisees in East/ NE, South and North India.

Once MF's are finalized, retail outlet franchisees will be finalized.

Investment Detail

Commenced Operations

Operations Commenced On 2021

Franchising / Distribution Commenced On 2022

Franchise Details

UNITS

Location Store wise

Master / Multi Unit

Region Wise

Investment INR 5lakh - 10lakh

Royalty/Commission 30 %

Expansion Locations

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh

South

Kerala, Karnataka

East

Assam, West Bengal, Sikkim, Odisha

West

Central

UNION TERRITORIES

Franchise Details

Territorial rights for unit franchise Yes

Anticipated percentage return on investment 24%

Payback Period 4-5 Months

TRAINING DETAILS

Detailed operating manuals for franchisees Yes

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

AGREEMENT & TERM DETAILS

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 10 Years

Is term renewable? Yes