The Franchise Package Details:
- Franchise fee begins at Php 500,000
- Equipment deposit is Php 2,000,000
- Realistic payback is 3 to 4 years depending on the location, management and income
- The 3 years franchise agreement period is renewable for 2 years upon completion of the contract
- The proposed location must be provided by the franchisee but it should be subjected to evaluated and approval
Full Answer
How much does it cost to franchise a gas station in the Philippines?
We have 2 types of franchises: Company-Owned, Dealer-Operated (CODO) – starting at Php 3.5 million. Dealer-Owned, Dealer-Operated (DODO) – starting at Php 5 million.
How much money do I need to open a gas station?
As we mentioned before, starting a gas station has a high financial entry barrier. You should expect to secure at least $300,000 to cover the following startup costs: Purchasing the location. Business insurance.
How much do gas station owners make Philippines?
Estimated gross daily sales: P100,000. Estimated net daily income (assuming you earn P20 for every P100 of gas): P20,000. Estimated net monthly income: P100,000 (20,000 x 30 days less monthly expenses of 500,000)
How can I get franchise of petrol station in Philippines?
Application Process:Downloaded Dealership Application Form.Letter of Intent (includes complete name, home/office address, contact information, and address of proposed lot)Lot Plan.Vicinity Map.Transfer Certificate of Title (TCT)
Is owning a gas station profitable?
Gas retailers receive a fraction of the price listed on the sign–their net profit per gallon is around $0.03-$0.07–after factoring in costs like labor, utilities, insurance, and credit card transaction fees. This puts the net profit margin of a gas station at less than two percent.
Is a gas station a good investment?
Gas stations are a great business to franchise because the demand for fuel in America is constant and not going anywhere. Our country literally runs on gas. People need to drive to work and trucks need to carry goods across country. Gas stations are a $250 billion a year industry.
How much is Petron franchise?
To start your Petron franchise, you need to have your own lot to build your gas station on, as well as a total investment cost of P1 million to P2. 5 million, exclusive of a cash bond of P100,000. Once you're done, expect your fortune to trickle like black gold.
How much is the franchise of Caltex in the Philippines?
Facilities and Equipment Cost : P5 M – P7 Million. Operating Capital : P2 M – P3 M. Retailer Agreement Term : 5 years, renewable. Lot Lease Agreement : Secured term of 10 years (minimum)
What is the best gasoline station in the Philippines?
Petron is the leading petroleum company in the country right now. They are number one in oil refining and marketing. Their refining capacity is 268,000 barrels per day, and they supply around 31% of the country's oil needs. Their 1,230 gasoline stations cover the whole of the Philippines.
How much is a 7 11 franchise?
- Initial Store Supplies (Php 170,000.00), Initial Merchandise (Php 800,000.00), Construction Cost (approximately 2.03 Million Pesos), Advance Rent and Deposit (Depending on the lease terms) are settled before opening the store - Total Cash Outlay will range from 3.5 Million Pesos to 5 Million Pesos.
How much does a gas station cost?
The total initial cost typically runs between $250,000 to $2 million for a small gas station, although there are some less costly local chain options.
How do I start a Petron Bulilit station?
Steps to Apply for Petron Bulilit Station FranchiseDealer Application to be submitted to the Regional Office for processing.Evaluation against criteria.Proposed lot suitable for service station operation.Financial soundness and vulnerability check.Site for approval of District Manager.Training:
How much money do gas station owners make?
You would be correct in assuming a gas station owner's salary will depend on many different variables. In general, though, you can expect your earnings to be anywhere from $35,000 to $150,000 per Million Litre Fuel Sales and convenience store sale from 18% to 25% for overall sales including cigarette and Lottery sales.
How much does a gas station cost?
The total initial cost typically runs between $250,000 to $2 million for a small gas station, although there are some less costly local chain options.
How do gas stations make money?
Station owners make most of their profits in their stores, on sales of food and drinks, as well as alcohol where sales are legal. “The idea is to have a very competitive gas price, and when they go in the store, you can make money off that transaction,” Lenard said.
How much does it cost to build a fuel station?
In total, you should hold nothing less than 55 Million naira (rough estimate). This amount may be increased or reduced depending on your accessibility to materials and bargaining power.
How long does it take to become a gas station attendant?
You will be required to take a Dealer Training Course for three (3) weeks to familiarize yourself with service station management and operations. Your Forecourt Service Crew (gasoline attendants), Station Manager, and Cashiers must also undergo classroom and hands-on training.
What are the benefits of franchise?
The following benefits are part of the franchise investment paid by the franchisee to TOTAL: 1 Broad Premium Quality product and package range with continual development 2 Technical and Engineering Support 3 Product Knowledge advice 4 Financial/Management/Business planning and site improvement advice 5 Specialist Merchandising and Product placement 6 Marketing Support 7 Personnel management advice and training 8 Assistance in forecourt service crew and standards training 9 Dealer update meetings and councils 10 Safety, Environment and Occupational Health Advice
How long does it take to build a service station?
Construction period, on average, takes four (4) months from the time all necessary government permits have been secured.
How much capital is required for CODO?
For CODO, the minimum investment required is P3.5 million as working capital. The actual amount may depend on the projected volume of the service gas station.
How long is Total Service Station open?
A TOTAL service station is generally open for 24 hours. However, operating hours may be changed depending on the trading area. A TOTAL-accredited lorry (tank truck) will deliver the fuel products to your service station.
What is TPC in the Philippines?
Operating for almost 20 years now, Total Philippines Corporation (TPC) is a player in the country’s downstream petroleum industry. It operates a growing network of service stations throughout Luzon and Visayas, and is engaged in the marketing of refined petroleum products such as fuels, lubricants, and special fluids.
Can you convert a dealer owned service station to a total brand?
2. If you are currently operating a dealer-owned service station under a different brand, you may opt to convert it into a TOTAL brand upon meeting the following conditions:
What is the biggest oil company in the Philippines?
Today Petron plays one of the biggest roles of supplying Philippines petroleum products. With a share of more than a third to the country’s supply chain in the oil industry makes Petron today as the largest oil refining and marketing company in the Philippines.
How old do you have to be to apply for a job in the Philippines?
Applicant should not be more than 55-years old. A Filipino national with an established residence in the Philippines. Had work experiencing on managing a business may it be through a family-owned business or any previous positions which involve managing several workers.
What is the largest oil company in the world?
Royal Dutch Shell or much known as Shell — is one of the largest companies worldwide. The company’s global reach to 70 countries makes Shell such a dominant brand in the oil industry not just in the Philippines but also around the world.
How to apply for a Shell car?
Go Shell’s dealership page and download the application form. Then, fill it out and send it to Shell, to have the application undergo the approval process.
Is there a strong cash flow in the fuel industry?
With such high demand, many are aware of the strong cash flow related to entering the fuel business industry; However, the bigger the cash flow, mostly meant a bigger capital investment, and greater strategic planning, which is proven true in the case of investing to the fuel business.
What is the biggest oil refinery in the Philippines?
Petron Corporation is the biggest oil refinery company in the Philippines, supplying around 40% of the country’s total oil requirements. Prospective franchisees may choose from three franchise dealership options:
Who owns Caltex Gas Station?
Caltex Gas Station Franchise. Caltex is owned by Chevron Corporation, one of the world’s largest oil and petroleum companies. Caltex built its first oil refinery in Batangas in 1954 and the refiner is currently able to store around 2.7 million barrels of oil. Just like Pilipinas Shell, Caltex also does not charge a Franchise Fee.
What is a COSS station?
Company-Owned Service Stations (COSS) – stations built, equipped, and maintained by Petron on either company-owned or leased lots with complete station facilities . The COSS franchise fee investment is around P4 Million to P9 Million depending on the size and variety of services offered.
How long is a DODO franchise good for?
The CODO franchise contract is valid for a period of three (3) years, renewable for another three (3) years upon mutual agreement. The DODO lease contract, meanwhile, is valid for a minimum of ten (10) years.
What is a DOSS service station?
Dealer-Owned Service Stations (DOSS) – service stations built and financed by the franchisee/dealer who is typically also the owner of the lot where the station will be built. DOSS are generally smaller outlets limited to filling services. Petron has not announced how much the franchise fee is but if you’re interested, contact them to inquire.
How long is the Caltex franchise?
The Caltex franchise agreement initially lasts for 5 years, but is renewable for another 5 years under agreed terms and conditions.
What is a Bulilit station?
Petron Bulilit Stations – service stations built and designed to cater to the fuel demands of areas with limited access to fuel supply. These outlets typically process an average of 80 to 40 thousand liters of fuel per month. Petron shoulders the cost of equipment and signage, while the dealer is the one in charge of gas station construction. The actual franchise investment cost will be available to interested dealers upon contacting Petron.
1. Jollibee
If there’s a brand that might almost be synonymous with anything Filipino, it’s Jollibee, the biggest fast-food chain in the Philippines. From its humble beginnings as a mere stall in 1978 to a main driving force in the food industry today, Jollibee has always been true to its roots in offering Pinoy-friendly meals at a very affordable price.
2. Potato Corner
If you’re going to do something, make sure to do it right and focus all your efforts on one thing. For the 400-branch strong Potato Corner, the goal has always been serving the public with amazing French fries fresh from the fryer. Just last March, the franchise recorded a record shattering sales of P1 billion since it started.
3. 7-Eleven
7-Eleven, one of the premier convenience stores in the country, has been lending their renowned brand to entrepreneurs who wish to become a part of their empire since 1998.
4. Petron
Petron, meeting almost half of the country’s petroleum needs, has an interesting take in making potential investors join their family, which players may find similar to the way entrepreneurship has been introduced to them by games like Diner Dash: you can start your gas station with 2-3 pumps and increase them should the demand goes up.
5. The Generics Pharmacy
Health is wealth, and if you want to invest in an avenue that is perennially needed, then go all in on the health industry, particularly the realm of low-cost generic drugs.
How to franchise Seaoil gas station?
How to Franchise Seaoil Gas Station. Look for a good location and apply for lease or buy the land (minimum lot size of 375 sqm, with frontage minimum of 25 meters) Download and fill up any of the standard Franchise Application Forms available on Send letter of intent to become a Seaoil franchisee to [email protected] or to the Marketing Department.
How much does it cost to start a gas station in Canada?
diesel fuel and gasoline), retailing cooking gas, and selling automotive related goods et al in just one location in Canada will cost about four hundred and fifty thousand dollars to five hundred thousand dollars ($250,000CAD to $500,000CAD). Please note that this amount includes the salaries of all the staff for
What to consider when franchising flying V gas station?
Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities. 2. Be certain that you can work harmoniously with FLYING V Gas Station franchise and it
What are the opportunities that Petron offers?
On the business side, Petron offers the following opportunities that you can tap: Run a gas station. Distribute LPG. In some cases you can also carry this product line in your gas station. Own an Automotive Service Shop under the Petron Car Care Center brand. Let’s focus on the first one.
How many pumps does a Peton micro filling station have?
If you’re a micro entrepreneur looking for a more financially viable alterntive but equally sustainable business, you might want to consider becoming a dealer of the Peton Micro Filling or Bulilit Station, an easy to build gasoline station that can start with two to three product pumps.
When do business permits expire in the Philippines?
Here are some notes on business permits: • Business permits expire on the 31st of December unless the permits are issued on a quarterly basis.
Is rice a staple in the Philippines?
In the Philippines where rice is a staple food, starting a rice retailing business is always a profitable venture. Customers buy it practically daily for sustenance while food establishments orders them in bulk. Pre operational requirements: You can start this business with a.
The Caltex Advantage
Build on the instantly recognized and highly regarded Caltex brand that motorists prefer and trust.
Investor Support
Running a gas station franchise is an enormous task. As partners, we are always by your side — offering valuable support and assistance every step of the way.
Gasoline Stations Overview
Automotive Industry Overview
- In the first half of 2021, the sales of vehicles jumped by 56.1 percent compared to the same period last year, 2020. This figure comes from thejoint reportof the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and Truck Manufacturers Association (TMA). In their December 2020 report, the Land Transportation Office (LTO) had registered 11,851,192 veh…
Pros and Cons of A Gasoline Station Business
- Just like any business, the gasoline station business has its set of pros and cons. Before deciding to start the business, get to know the pros and cons.
List of Top 10 Petroleum Companies Offering Gasoline Station Franchises
- 1. Petron Philippines
Petron is the leading petroleum company in the country right now. They are number one in oil refining and marketing. Their refining capacity is 268,000 barrels per day, and they supply around 31% of the country’s oil needs. Their 1,230 gasoline stations cover the whole of the Philippines. … - 2. Pilipinas Shell
Pilipinas Shell has been in the country for over 100 years. It started as Asiatic Petroleum Company (Philippine Islands) Ltd. in 1914. It is the second-largest petroleum company with 1,073 stations all over the country. Oil refining and marketing are the major business of the company. Shell ha…
Conclusion
- The oil industry and automotive industry go together. Both experienced some setbacks last year, 2020, but they picked up once again in the first half of 2021. The sales of vehicles have increased in the first half of this year compared to the same period last year. When they grow, the demand for fuel will also increase. Despite the pandemic, the demand for fuel is there because people ar…
About Total Philippines
Business and Franchise Options
- Prospective franchisees may choose any of the following TOTAL franchise businessoptions that suits their preference: 1. Company Owned – Dealer Operated Scheme (CODO) 2. Dealer Owned – Dealer Operated Scheme (DODO) 3. Property for Lease Only Under CODO (Company Owned-Dealer Operated)scheme, TOTAL appoints the franchisee to become the dealer of a TOTAL gas station …
Franchise Fee and Total Investment Cost
- For CODO, the minimum investment required is P3.5 millionas working capital. The actual amount may depend on the projected volume of the service gas station. For DODO, the minimum required investment is around P5 millionfor the construction of the service station. Additionally, dealers may also need about P2.5 million as working capital. Actual amo...
Franchise Duration
- The Dealership Agreement under CODO is for a period of three (3) years, renewable for another three (3) years based on mutually agreed terms and conditions. The Lease Contract under DODO shall have a minimum period of ten (10) years. The contract will be registered and annotated in the Transfer Certificate of Title with the Local Register of Deeds.
Standard Package Inclusions
- The following benefits are part of the franchise investment paid by the franchisee to TOTAL: 1. Broad Premium Quality product and package range with continual development 2. Technical and Engineering Support 3. Product Knowledge advice 4. Financial/Management/Business planning and site improvement advice 5. Specialist Merchandising and Product placement 6. Marketing S…
Codo Details and Franchise Requirements
- To apply as a franchisee under the Company Owned – Dealer Operated (CODO) scheme: 1. Write a letter to TOTAL signifying your intention to operate as a service station dealer. You should also identify your preferred area of operation. Send the letter to: The Vice President for Retail Total (Philippines) 7th Floor, 11th Corporate Center 11th Avenue corner Triangle Drive, North Bonifaci…
Dodo Details and Franchise Requirements
- To apply as a franchisee under the Dealer Owned – Dealer Operated (DODO) scheme: 1. It is not necessary that you own the property. You can either own the property where the service station may be constructed or lease it from a third party of your choice or from a third party to whom TOTAL is leasing from. The basic requirements of the property are: 1. Lot size – minimum of 1,0…
Property For Lease Details
- If you have an unused property, you may consider leasing it to TOTAL to be utilized as a service station. 1. Criteria for a feasible property are: 1. a. Area – minimum of 1,000 square meters 2. b. Frontage – minimum of 35 meters 3. c. Classification – commercial or industrial with no Lis Pendens (a pending legal action or its formal notice) 4. d. Location – preferably in a commercia…
Service Station Operations
- A TOTAL service station is generally open for 24 hours. However, operating hours may be changed depending on the trading area. A TOTAL-accredited lorry (tank truck) will deliver the fuel products to your service station. You may opt to use your own tank truck but will have to undergo accreditation from TOTAL technical personnel and for the driver/s to undergo necessary trainin…
Franchise Contact Information
- 7th Floor, 11th Corporate Center 11th Avenue corner Triangle Drive, North Bonifacio Bonifacio Global City, 1634 Taguig City Philippines Telephone Number: (+632) 849-0849 Are you interested in other franchising opportunities? Click here: Complete list of Philippine companies available for Franchising Information and Photo Sources: Official Company Website, BPI Family Ka-Negosyo