How Much Does BP Franchise Cost In South Africa
To date, the asking price of a service station business can vary from R1 million to R35 million. In addition, the average working capital requirement of a service station can fluctuate between R1. 2 million and R1.
How much is a BP gas station franchise in South Africa?
5 million and R15 million, depending on the cost to develop, projected volumes, and profitability,” Noble said. In terms of the normal working capital requirements for stock as well as operational expenses, the financial need can range from R1. 2 million through to R1. 5 million.
How much does it cost to open a petrol station in South Africa?
A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site.
Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes, and profitability.
How much does a petrol station make per month in South Africa?
100% Funding will have a loan payback of +- R135,000 per month for 5 years, note business net profit is only +-R120,000 per month.
How much is a petrol garage in South Africa?
South Africa burns a lot of petrol – and selling it is an often lucrative business. But be warned, it is not for everyone, there’s plenty of red tapes, and it isn’t cheap. The cheapest stations cost around R1 million, but if you want a popular location and all the trimmings, you can pay 20 times this.
How do I become a fuel distributor in South Africa?
Complete the form Application for wholesale licence, DMRE 38.
Send the application form to the Department of Mineral Resources and Energy regional office.
The Department will send you a letter stipulating that you must publish a notice of application in four newspapers.