Business Categories
Tyre, Tube, Accessories

PETROMIN Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    1200 - 5000 Sq.ft
  • Investment Range
    INR 5 Lakh - 10 Lakh
  • No. Of Dealer/Distributor
    Less than 10

About brand - PETROMIN

About Us:

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 a 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

PETROMIN Franchise Cost & Investment

Commenced Operations

Operations Commenced On 1969

Distribution Commenced On 2004

Distribution Details
Units

Investment INR 5lakh - 10lakh

Franchise/Brand Fee INR 200000

Royalty/Commission 25 %

Trade partners
Types of Channels Investment (If any) Margin / Commissions Area Requirement
Dealer Rs. 10lakh - 20lakh 25-30% 1200 - 5000 Sq.Ft. - Sq.ft
Master / Multi Units

City Wise

Investment INR 10lakh - 20lakh

Details

Exclusive territorial rights to a unit franchisee Yes

Anticipated percentage return on investment 30 %

Likely pay back period of capital for a Channel Partner 2 - 5 Years

PETROMIN Expansion Plans

North

- NA -

South

Karnataka

East

- NA -

West

- NA -

Central

- NA -

Union Territories

- NA -

 

Tags: Dealers & Distributors Business Franchise in Karnataka   |  

PETROMIN Franchise Requirements

Type of property required for this dealership opportunity Commercial

Floor area requirement 1200 - 5000 Sq.ft

PETROMIN Franchise Training

Detailed operating manuals for dealerships Yes

Dealership training location Bangalore/Hyderabad

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

Current IT systems will be included in the dealership Yes

PETROMIN Franchise Agreement Details

Do you have a standard dealership agreement? Yes

How long is the dealership term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get PETROMIN Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get information about PETROMIN franchise, you can fill up the application form provided on the website and get all the details viz. PETROMIN franchise fee, PETROMIN franchise cost, PETROMIN apply process and more.

Interested in PETROMIN Franchise? Apply here

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