END PRODUCT The report will consist of a written report, maps, calculations, volume sales analysis and projections, graphics, illustrations and photographs to enable all the role players to make a sound business decisions.
There is also plan to have a mini mart for the sale of sundry items that may be required by travelers. These should also be a pre-condition in the purchase offer. The law was introduced by Federal Deputy Aldo Rebelowho claims it savedfuel attendant jobs across the country.
Petrorex will also provide information indicating the market share of each competitor in the local trading area. Additionally, be sure to indicate how advertising will be distributed.
The petrol pump price is composed of a number of international and domestic elements. After extensive market research, the franchisor determines which business units are suitable for the particular site and grants a licence to a single franchisee to operate the entire outlet.
This could be air for tires, water, mechanical services, cleaning, or even maintenance work. Develop a sales and marketing strategy that draws customers and keeps them coming back each time they need to fill their tank. Aside from products, indicate the different services you plan on offering to clients.
Some stations are equipped with car washes. Your financial documents also need to show the cost of required licenses, payroll, utilities and environmental services. Develop a sales and marketing strategy that draws customers and keeps them coming back each time they need to fill their tank.
Step 4 Create a launch plan for your next section, listing the actions and time frames expected in launching and growing your gas station business.
To increase profits, you might also want to offer mechanical repairs or a car wash. Another threat that we are likely going to face to confront us is the emergence of a new gas station within the same location where ours is located.
This flow chart should display the hierarchy of your personnel including their job descriptions. Private entrepreneurs develop additional facilities, such as truck stops or travel centers, restaurants, gas stations, and motels in clusters on private land adjacent to major interchanges. In such case where you decide to abandon the project the mobilization fee paid would be considered as the full and final settlement.
List things that can go wrong and what you plan to do in those situations. Highway service centre[ edit ] This arrangement occurs on many toll roads and some interstate freeways and is called an oasis or service plaza.
These are the areas we intend generating our start — up capital; Generate part of the start — up capital from personal savings and sell of stocks Source for soft loans from family members and friends Apply for loan from my Bank N.
Your competitive advantage might focus on selling gas on a busy street where no other gas stations exist. Completed Generating capital from family members: In Progress Conducting Feasibility Studies: Due to heavy fluctuations of gasoline price in the United States, some gas stations offer their customers the option to buy and store gas for future uses, such as the service provided by First Fuel Bank.
Sensitivity Analysis what if scenarios Show what would happen to the key aspects debts service ability, return on investment, oil price changes of the business; how the business ability to service debt would be affected by an increase in interest rate. To present a business plan which can act as a guideline or framework with regard to decisions to be taken?
Describe the products and services your gas station will provide, including different grades of gas and types of oil. Raising money There are many different ways to cook an egg and the same applies to raising funds to start a petrol station, or for that matter, any new business.
Discount stations may not provide these amenities in some countries. Every economic activity is propelled more or less by the petroleum sub-sector. In order to save money, some consumers in Canada and the United States inform each other about low and high prices through the use of gasoline price websites.
In the past, filling stations in the United States offered a choice between full service and self service. Information relating to the trading area, physical development and existing land uses will be obtained by means of interviews and studying of existing reports to obtain a general impression of the trading area.
The expected relationship between demand growth and supply growth for the services 1. While the sales price of gasoline in Europe is more than twice that in the United States, the price of gas excluding taxes is nearly identical in the two areas. In Canada, it is against federal law to provide any gas pricing from a gas station via phone.
Another trend is the adoption of the underground modular gas station model. Or you might want to explain the benefits of adding another station to the mix since so many cars travel through the area because of a busy highway, an airport or a business complex.
You could also indicate the level of experience you plan to look when hiring personnel and whether you would like to do any background checks before having them work for you.
The following work methods in the preparation of the business plan are followed:Petrol Filling Station Business Plan in Nigeria February 6, by BusinessPlan 1 Comment This sample petrol filling station business plan in Nigeria has been written to be used to access bank loans, grant applications, business proposals, competitions, etc.
A gas station (filling station or fuel station) is a place petroleum products such as DPK (Dual Purpose Kerosene), PMS (Premium Motor Spirit or Petrol), AGO (Automated Gasoline Oil or Diesel), Lubricants, etc are retailed and sold to end users such as motorists.
The business plan for your gas station franchise should contain the different advertising strategies you plan to implement to market your business. List down and describe each strategy and the budget you plan to allot for the campaign. The underground modular filling station is a construction model for filling stations that was developed and patented by U-Cont Oy Ltd in Finland in Afterwards the same system was used in Florida, USA.
5 Reasons Why You Should Start a gas station business. It is a tangible investment and asset; It is a profitable business with good profit margin (volume based). Petroleum products sell themselves, so there’s little need for marketing. Starting an independent filling station. South Africa petrol stations fall into two categories, independent and franchise operations, both of which are funded in the same way.Download