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  • Area Req
    1200 - 5000 Sq.ft
  • Investment Range
    Rs. 5lac - 10lac
  • Franchise Outlets
    Less than 10
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

Investment Details

Commenced Operations

Operations Commenced On1969

Franchising / Distribution Commenced On2004

Franchise Details
Units

Area1200 - 5000 Sq.ft

Investment Rs. 5lac - 10lac

Franchise/Brand Fee 200000

Royalty/Commission25

Master / Multi Units

Region Wise

Investment Rs. 10000 - 50 K

Unit Fee - NA -

Master Fee - NA -

Commission - NA -

State Wise

Investment Rs. 10000 - 50 K

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

City Wise

Investment Rs. 10lac - 20lac

Unit/Brand Fee - NA -

Master/Brand Fee - NA -

Royalty/Commission - NA -

Expansion Locations
North

- NA -

South

Karnataka

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

Franchise Details

Want to expandNationwide

Exclusive territorial rights to a unit franchise 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 - NA -

Property Details

Type of property required for this franchise opportunity Commercial

Floor area requirement 1200 - 5000 Sq.ft

Preferred location of unit franchise outlet - NA -

Training Details

Detailed operating manuals for franchisees Yes

Franchisee training location Bangalore/Hyderabad

Is field assistance available for franchisee? No

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? 5 Year

Is the term renewable? Yes

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