Rex Foods is a well-known brand in the food industry in India that offers a range of products, including snacks, beverages, and packaged food items. The company has a wide network of distributors across the country and is always looking for new distributors to expand its reach.
If you’re interested in becoming a Rex Foods distributor, this article will provide you with all the latest information on eligibility, terms and conditions, fees, and how to take Rex Foods distributorship.
Eligibility for Rex Foods Distributorship:
To become a Rex Foods distributor, you need to meet certain eligibility criteria set by the company. You should have a valid GST registration and a minimum of 500 sq. ft. of warehouse space. Additionally, you should have a good credit score and a clean legal record.
Terms and Conditions:
Before taking up a Rex Foods distributorship, it’s important to understand the terms and conditions of the agreement. The agreement will specify the territory you will be responsible for, the products you will be distributing, the minimum order quantity, the payment terms, and the duration of the agreement. The agreement will also specify the penalties for any breach of terms and conditions.
Fees:
There are certain fees associated with taking up a Rex Foods distributorship. The company may charge a security deposit, which is refundable at the end of the agreement. Additionally, there may be a one-time joining fee and a monthly or quarterly maintenance fee. The exact fees will depend on the type of distributorship you choose.
Types of Rex Foods Distributorship:
Rex Foods offers two types of distributorship – Super Stockist and Distributor.
- Super Stockist: A Super Stockist is responsible for distributing Rex Foods products to a network of distributors within a specified territory. They need to maintain sufficient inventory and ensure timely delivery to the distributors. To become a Super Stockist in India, you need to have a minimum investment of Rs. 5 lakhs.
- Distributor: A Distributor is responsible for distributing Rex Foods products to retailers within a specified territory. They need to maintain sufficient inventory and ensure timely delivery to the retailers. To become a Distributor in India, you need to have a minimum investment of Rs. 2 lakhs.
How to Take Rex Foods Distributorship:
To take up a Rex Foods distributorship, you need to follow these steps:
- Visit the official website of Rex Foods and go to the “Become a Distributor” section.
- Fill in the application form with your personal and business details.
- Submit the application form along with the required documents, including your GST registration and proof of warehouse space.
- Wait for the company to review your application.
- If your application is approved, the company will send you the agreement and other necessary documents.
- Read the agreement carefully and sign it.
- Pay the required fees and the security deposit.
- Start distributing Rex Foods products within your specified territory.
“Becoming a Rex Foods distributor can be a lucrative business opportunity for those who meet the eligibility criteria and are willing to invest in the required infrastructure. By understanding the terms and conditions, fees, and types of distributorship, you can make an informed decision about whether this is the right opportunity for you.”