Do you know about the legendary Gold Flake Cigarette Company? It is the most-selling cigarette brand in India. Gold Flake is a classic Indian cigarette brand that has been on the market for over a century. The Gold Flake is sold in multiple varieties, including Gold Flake Kings, Gold Flake Kings Lights (Both 84mm), Gold Flake, and Gold Flake Lite. If you want to be a partner of the most profitable cigarette brand, then you are at the right place. In this article, we will share the details about the Gold Flake Cigarette Franchise Cost in India along with the Profit Margin and Apply for the Gold Flake Agency/ Distributorship. Let’s explore the complete details by continue reading ahead.
Gold Flake Cigarette Franchise Cost in India
As we all know, India is one of the most tobacco & cigarette consumption countries, where the tobacco and cigarette industry is worth US$ 21.5 Billion. In this profitable industry, the Gold Flake has secured the most selling brand for centuries. ITC launched the brand Gold Flake in India in the 1960s. The Gold Flake Cigarette sales of Rs 3,700 crore approximately. They have approximately net profit of a net profit of ₹5,086.86. The production & distribution of the Gold Flake Cigarette is managed by ITC Ltd.
After becoming a Pvt Ltd company, the ITC is gradually trying to expand its market to rural or Urban areas. At the initial level, the organization expanded with the entry into other segments of the Indian market including hotels, FMCG, IT, and packaging. But, after decades, they also started the allocated Franchise & Distributorship of the Gold Flake Cigarette Brand. So, if you are interested to know about the Franchise Program, then stay tuned with us. Through this post, you will get to know How to Start Gold Flake Cigarette Agency/ Distributorship including the Investment Cost, Profit Margin, and Apply Online.
Requirements for Gold Flake Cigarette Franchise/ Agency
In this section, we will share in-depth details regarding the Gold Flake Cigarette Franchise. If you are interested in the Gold Flake Agency or Distributorship, then you should know about the requirements.
- Area/ Space Requirement => To join the Godl Falke agency Franchise or Distributorship, you people need to first & essential things Area or Space. You have required the proper Spcae & warehouse to store the Products as well. It will be as per the requirement of the company. Along with it, your space has also fulfilled all the safety & other essential parameters.
- Location Requirements => This is also an important requirement that you have the Agency place near the Market and the nearest location with retailers. You are also at the Legal Location.
- Documents & License Requirements => For the Gold Flake Agency franchise, you people need some Personal & Business related documents. It will require your PAN Card, and Aadhar Card, Land Related documents, Electricity Bills, Bank details Proorf, GST Registration & other trade license is required.
- Staff (Worker) Requirements => In the Franchise of Gold Flake Agency, you people need to require a dedicated staff for loading & Unloading, delivery men, and some other Staff for Data Entry to record your all sales and purchases.
- Transportation Requirement => To distribute the Products to the retailer, you need to transport the Vehicle. It is required for the distribution of the Pretailer’s investment
- Investment Requirement => To open the Gold Flake Cigarette Agency, you need decent money to invest in the business i.e. Security Fees, Setup costs, Working Capital, and other expenses amount.
Gold Flake Cigarette Distributorship Investment Cost
If you want to start a Gold Flake Cigarette Franchise/ Distributorship, then you need some decent investment cost. To get everything in the right way, you need some capital to start any franchise business. So you need up to Rs 10-17 Lacs to start a Gold Flake Cigarette Franchise in your locality.
| Franchise Cost | Rs 2 Lacs (Approx) |
| Product Investment Cost | Rs 4-5 Lacs (Approx) |
| Agency Setup Cost | Rs 3 Lacs |
| Other Expenses (Rent, Transportation & Staff Salary, etc.) | Rs 5 Lacs (Min.) |
| Total Investment | INR 10 to 18 Lakhs |
Gold Flake Cigarette Agency Franchise Profit Margin
We have already discussed that you require a minimum ₹10 to ₹17 lakhs of investment for the Gold Flake Franchise. But, the thinking is What is the Profit percentage in this business? So, here we will share all the details about the Gold Flake Cigarette Agency Profit Margin. Your main profit is based on the Distribution of the Products.
To calculate the Net Profit, you need to deduct all expenses from the Gross Sales. All the remaining amount will be your net profit. In general, the Gold Flake Cigarette Agency makes margins of 10% to 30% on products. It is based on based of the Products.
Steps to Apply for Gold Flake Cigarette Franchise Online
To Apply for the Gold Flake Franchise or Distributorship Online, you have to follow the simple steps below;
- First, visit the official website of ITC Limited @itcportal.com
- A home page will open on your screen, here click on the Contact Us Button under the menu bar.
- On the next page, you need to fill in the required details as per instruction.
- Here enter your Name, Organisation, Email ID, Phone Number, Address & more.
- Then, you need to provide the message regard regarding the Franchises. Write down the complete query in the Massage section.
- Finally, click on the “Submit” button. The ITC team will shortly contact you for further process.
Gold Flake Cigarette Franchise Contact Details
- The India Tobacco Company (ITC) Limited
- Office Address: Virginia House, 37, J. L. Nehru Road Kolkata – 700071, India
- Phone Number: (+91) 33-22889371
- Fax No.: +91-33-22880655
- Official Website: https://www.itcportal.com/
