Paint Business: When a new house, shop, or building is constructed, painting is done to give it a beautiful look. The painting business has been in existence for a long time. Through painting, an ordinary-looking house or building can be given a stunning appearance. Many people are earning lakhs of rupees per month through painting, while several companies selling paint are generating a turnover of crores every month. In such a scenario, you can also start your own paint business.
Even today, there are not just thousands but lakhs of businessmen in India who are involved in selling paint at the local level. You can also open your own paint shop, which can generate a good income. Let’s understand more about this business.
What is a Paint Business?
In the paint business, you provide your customers with different colors and qualities of paint, allowing them to paint their homes in a unique style. You can either take a franchise from a company and start selling paint directly, or you can set up your own paint manufacturing unit to start the business. To start this business, you will need a good investment and a well-planned strategy.
How to Open a Paint Shop
If you want to sell paint through a shop, you need to select a good location. Here, you can sell paints from different companies to customers and generate good profits. Your shop should be located in a place where customers can easily reach you.
Start a Business by Taking a Franchise
If you are not planning to set up your own paint manufacturing unit, you can purchase paints from different companies and sell them for a good profit. For this, you can contact major paint companies like Asian Paints, Berger Paints, etc., to obtain their agency or dealership.
Investment and Profit
Talking about investment, you will need to invest anywhere between ₹40 lakh to ₹80 lakh. This amount will be used for purchasing various types of machinery, stocking different types of paints, setting up a warehouse, paying shop rent, and covering employees’ salaries.
Regarding profit, this business offers unlimited earning potential. You can earn between 10% to 20% on total sales. If you successfully generate sales worth ₹1 crore in a month, you can earn between ₹10 lakh to ₹20 lakh in that month.