A filling station, also known as petrol station or gas station, is a facility that sells fuel and engine lubricants for motor vehicles. The most common fuels sold in the 2010s were gasoline and diesel fuel.
How Much Does Filling Station Cost 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 do I get a filling station in South Africa?
Requirements to Buy a Petrol Station Example
Selling Price of business R 5 000 000.00 net profit +- R 120,000 pm.
Plus: Stock R 600 000.00.
Plus Working Capital R 500 000.00.
Other: e.g. Training, Licence application, etc. .
Oil company fuel guarantee R800,000.
TOTAL Funding Requirement R 7 000 000.00.
Is owning a petrol station profitable?
Ans- Yes, petrol pump business in India is a highly profitable sector. The commission per litre including the number of vehicles filled monthly could easily take your monthly profits up to 4 Lakh Rupees.
How much land is required for a petrol pump?
Normally, the area of 800 square meters to 1200 square meters is sufficient to open a petrol pump. The application fee is Rs. 1000/- for regular retail outlets and Rs. 100/- for rural retail.
How do I lease my land for a petrol pump?
You can grant a lease for petrol pump by drafting a proper lease in which your rights are protected and the rights of other party should also be protected.
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Sit down quietly and summarise the offer.
I think the advance money given is treated as not refundable .