How to Start a Steel Manufacturing Business In India| SkillsAndTech

Prime Gold TMT Dealership

Have you ever wanted to own your own business? Be your own boss? Are you looking for a franchise in India? Then this franchise is right for you. To know about how you can get this franchise in the following paragraph. You can know about the cost and profit you can make through this franchise. You can even learn about the requirements that are needed for this franchise.

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Prime Gold TMT Dealership Wiki

Established in 1984, Prime Gold is one of the leading steel manufacturers in India. The company has headquarters in New Delhi.

Prime Gold has 11 state-of-the-art associate manufacturing plants with an annual production capacity of 3 lakh tonnes per annum.

The company has a pan-India presence with dealers and distributors in 16 Indian states. Prime Gold produces Fe 500,550,600 grade TMT bars with the brand name Primegold Fe500, Primegold Super X, and Primegold SAIL JVC.

See Also: JSW Steel Dealership

Prime Gold TMT Dealership Benefits

  • Brand Recognition
  • Low Cost of Entry
  • Support from an Expert Team
  • Reduced Risk for Startups
  • A Vibrant And Growing Industry
  • Maximum Return on Investment
  • Investment with Prime Gold is safe
  • Primegold Support in making Dealer Network
  • Primegold support by publicity
  • Regular supply by own and franchisee unit
  • Transparency in rates & adequate margin.

Prime Gold TMT Dealership Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

Prime Gold TMT Dealership Cost/ Investment / Price / Fee

To start a Prime Gold dealership you need an investment of around 10 lakhs to 12 lakhs.

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Here is the break-down of the investment,

  • Dealership Security Deposit -> 1 lakh
  • Initial inventory/stock purchase -> 7 lakhs to 8 lakhs
  • TMT bar cutting machine -> 15,000 rupees
  • Weighing machine -> 14,000 rupees
  • Shop Interior and Warehouse -> 80,000 rupees
  • Labour (1st-month salary) -> 30,000 (2 nos)
  • Shop security deposit – Extra

The monthly ongoing expenses include Shop rent, labour salary, stock purchase, utility bills, etc.

Prime Gold TMT Dealership Requirements

  • Legal to work in the India
  • Ability to speak and understand English
  • Have all Legal documents
  • No criminal record

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Prime Gold TMT Dealership Licenses and Registrations required

These are the licenses and documents required to start a Prime Gold TMT dealership.

  • Business Registration – Sole proprietorship /LLP
  • Shop & Establishment Registration – from the state board
  • GST certificate
  • Previous bank statement – for financial background verification
  • Valid land documents / Lease agreements.
  • If you lack capital, then you can approach banks like SIDBI for a business loan.

Prime Gold TMT Dealership Area Required

  • Shop Area of 1000 Square Feet

How Much Money Can I Make With A Prime Gold TMT Dealership 

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Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.

How to Apply For Prime Gold TMT Dealership 

To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.

Apply Here

Contact details

Website

Conclusion

So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you

FAQ (Frequently Asked Question)

Is Prime Gold TMT Dealership profitable or not?

Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.

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How much does it cost to open Prime Gold TMT Dealership?

To start a Prime Gold dealership you need an investment of around 10 lakhs to 12 lakhs.

Here is the break-down of the investment,

  • Dealership Security Deposit -> 1 lakh
  • Initial inventory/stock purchase -> 7 lakhs to 8 lakhs
  • TMT bar cutting machine -> 15,000 rupees
  • Weighing machine -> 14,000 rupees
  • Shop Interior and Warehouse -> 80,000 rupees
  • Labour (1st-month salary) -> 30,000 (2 nos)
  • Shop security deposit – Extra

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The monthly ongoing expenses include Shop rent, labour salary, stock purchase, utility bills, etc.

Is Prime Gold TMT a Dealership?

Yes, a franchise.

Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part and other parts also.

If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.

See Also: Birla White Cement Dealership

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