Massey Tractor Dealership Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Massey Tractor Dealership Franchise Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech

Hello friends, today we’ll discuss about Massey Tractor Dealership in this post. So, if you are planning to start a tractor  showroom business, choosing Massey Tractor Dealership would be a great. In this article we discuss about getting Massey Tractor Dealership, investment, profits & margin, how to apply, documents required and much more.

Massey Ferguson – a world-renowned premium brand offering a wide variety of tractors and farm machinery is an icon in itself and has been reshaping the agricultural landscape of the world since over a century now. Recognized for its experience, innovation and superior build quality, this eminent global tractor brand offers one of the most comprehensive and versatile range of agricultural and utility tractors in the industry.

Massey Tractor Dealership Company Details

Websitehttp://masseyfergusonindia.com/
TypePrivately Held
IndustryFarming
Founded1969
HeadquartersChennai, Tamil Nadu
Company size5,001-10,000 employees
SpecialtiesMassey Ferguson brand of tractors serve every farmer and every farm mechanization need.

Basic Criteria For Massey Tractor Dealership

  1. Age between 21 years to 60 years.
  2. Should financially Sound
  3. Should have minimum 3000 sqft. Area for Showroom and Service center.
  4. Capacity to Invest Approx. 80-90 Lac.

Investment for the Massey Tractor Dealership

  1. Deposit One Lac Refundable Security Money in Company (6.5% interest payable per annum)
  2. Initially 4 nos. of Tractor billing = 21 Lac
  3. Spare parts: 2 Lac for Service center
  4. Bank Guarantee of Rs 20 Lac (After operation, Company will provide 90 days time to Submit BG)
  5. Service center Shed, Showroom & Office Construction= 10 Lac -15 Lac

Total investment Required 50 Lac -60 Lac

Gross Profit Margin on the Tractor: 18% – 20% on MRP

Price of Tractor as follows:

  1. Massey TAFE 35 HP Tractor: Rs 525000/-
  2. Massey TAFE 40 HP Tractor: Rs 584000/-

Note: Massey Tractor model range 35 HP-58 HP (AC & Non-AC models)

Space required for Massey Tractor Dealership

The minimum space required to start Massey Tractor Dealershipis about 3000 sq ft and above. Make sure the commercial space must be in good place such as market or in that place where most of the people visit to busy other vehicle .

Documents & license required to take Massey Tractor Dealership

  • Pan Card
  • Aadhaar Card
  • Address Proof
  • Cancel cheque
  • GST Certificate
  • Trade License
  • MSME License
  • Business Registration
  • Bank Solvency Certificate
  • Commercial space paper
  • ITR(Last 2yrs.)

Earning from Massey Tractor Dealership showroom

The earning from Massey Tractor Dealership are described below:

If you sale 5 nos of 35 HP Tractor in a month.

Then Per Month Revenue will be= 525000 X 5 (No. of tractor sell per month)

Per Month Revenue will be = 26,25,000/-

Gross Profit per month = per month Revenue X Margin of per Tractor

Gross Profit per month = 26, 25,000 X 20%

Gross Profit per month = 5,25,000/-

Earning from Service Center

In service center, you use tractor parts of Rs 5, 00,000/- per month.

Then Profit margins on Parts will 18% – 20%

Gross Profit will be: 5,00,000/- X 20%

Gross Profit per month will be = 1,00,000/-

Total Gross Profit of Showroom & Service Center= Gross Profit of Showroom + Gross profit of Service center

Total Gross Profit of Showroom & Service Center = = 5,25,000 + 1,00,000

Total Gross Profit of Showroom & Service Center= 6,25,000 /-

Note:

  1. Extra Income through Financer.
  2. Achieved monthly Sales Target.
  3. Order of Parts exceeded of Rs 2 Lac per month etc

How to Apply for the Massey Tractor Dealership ?

To apply for the Massey Tractor Dealership, you have to follow some steps or you can also watch the video which is given below:

Before applying for the Massey Tractor Dealership, make sure that there is a vaccant space for the tractor dealership showroom.

Or, if you didn’t get any call from the Massey Tractor company’s customer executive within 2 days then call on the number which is given below: 

Toll free no: 1800-4-200-200

Contact Details

Address

Tractors and Farm Equipment Limited
77, Nungambakkam High Road
Nungambakkam
Chennai – 600 034, India

Website: masseyfergusonindia.com

Email: corporate@tafe.com

Toll Free Number: 1800-4-200-200

Process To get Massey Tractor Dealership

  • Firstly you have to send you store location images and details to the manager.
  • They will survey your area properly, and discussed with you .
  • After a meeting from area manager, they will decide that they will approve or not.
  • If they’ll approve, then agreement will be done between you and the company.
  • Now, the area manager will help you to setup your business and make the agreement.
  • They’ll provide you training and a sales man will work with you.
  • And the process take 30 days.
  • So, after 25-30 days you can start you Massey Tractor Dealership.

F.A.Q(Frequently asked question)

Q. Tractor showroom business is a good idea or not ?

Ans: Everything has a two side one is advantages and some disadvantages. So, if you have a good investment then you can open the Tractor Dealership Business. But make sure that there should be high demand of Tractors.

Q. How many days takes to do all the process?

Ans: Approx 30 days. There is 7 approval process.

Q. Total Investment to open Tractor Showroom Dealership?

Ans: Total minimum investment Required to open a tractor dealership showroom is 80 Lac – 90 Lac. Investment Bifurcate:

  1. Deposit One Lac Refundable Security Money in Company (6.5% interest payable per annum)
  2. Initially 4 nos. of Tractor billing = 21 Lac
  3. Spare parts: 2 Lac for Service center
  4. Bank Guarantee of Rs 20 Lac (After operation, Company will provide 90 days time to Submit BG)
  5. Service center Shed, Showroom & Office Construction= 10 Lac -15 Lac

Q. Is it profitable or not ?

Ans: Yes. this company provide more profit about 18% – 20% on MRP. And you can also make good earning from the servicing of tractors and to sell the spare parts.

Q. Is there any Security Deposit or not?

Ans:  You have to deposit 1Lac Refundable Security Money in Company (6.5% interest payable per annum)

Q. How can I contact to get Massey Tractor Dealership ?

Ans: Mentioned above

error: Content is protected !!