Full Answer
How much does it cost to start a Petron gas station 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. 5. The Generics Pharmacy
Is there a Petron franchise in the Philippines?
About Petron Franchise Petron can have its roots traced back to 1933 when two companies merged to form Stanvac. However, it was only in 1988 when the company was renamed to its current tradename of Petron Corporation. Today Petron also works hand in hand with the national government to power the Philippines and its energy needs.
Is Petron a company or a corporation?
However, it was only in 1988 when the company was renamed to its current tradename of Petron Corporation. Today Petron also works hand in hand with the national government to power the Philippines and its energy needs. Company-owned stations are usually fully equipped with all the necessary facilities and equipment to operate the station.
What is the Petron Bulilit gas and service station?
The Petron Bulilit Station is an excellent alternative for those who want to franchise a gas station with just two or three product pumps. But if you want to own the regular gas station with many products to offer, then the Petron Gas and Service Station is for you.
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How long is a Petron dealer contract?
Petron station dealers sign a dealership contract covering a minimum period of three (3) years. The contract is renewable for additional three-year periods based on the performance of the dealer. Petron offers 3 dealership options:
What is Petron Corporation?
About Petron. Petron Corporation is the largest oil refining and marketing company in the Philippines, supplying nearly 40% of the country’s oil requirements. Petron operates an integrated crude oil refinery and petrochemicals complex with a rated capacity of 180,000 barrels per day in Limay, Bataan.
What does Petron supply?
Through this vast distribution network, the company supplies fuel oil, diesel, and LPG to various industrial customers. Petron also supplies jet fuel at key airports for international and domestic carriers. Petron is the local refinery with the largest retail network, having more than 1,900 service stations all around the Philippines.
How many Petron stations are there in the Philippines?
Petron is the local refinery with the largest retail network, having more than 1,900 service stations all around the Philippines.
What is a company owned service station?
1. Company-owned service stations (COSS) These are stations built, equipped and maintained by the company on either company-owned or leased lots. They usually have complete station facilities such as driveway, salesroom, service bays and convenience facilitates.
Does Petron need to follow up applications?
6. Petron shall only process applications forms duly filled-up and with complete attachments. There is no need to follow-up applications as all applicants shall be informed of their status.
About Petron Franchise
Petron can have its roots traced back to 1933 when two companies merged to form Stanvac. However, it was only in 1988 when the company was renamed to its current tradename of Petron Corporation.
How to Become a Petron Dealer?
There are two known process dealers need to undergo to become an official Petron Dealer, which are as follows:
Petron Franchise Steps of Application Process
Gather all of the required documents and submit them to the office of Petron. This is considering that you already own or lease a lot appropriate to the area requirement of Petron. The following are the documents needed but not limited to:
About Petron Gasul Franchise
Petron Gasul is the largest oil company in the Philippines and has always remained on top in terms of market share. When you think about LPG, Gasul is always top of mind.
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What is a Petron Bulilit station?
The Petron Bulilit Station is an excellent alternative for those who want to franchise a gas station with just two or three product pumps. But if you want to own the regular gas station with many products to offer, then the Petron Gas and Service Station is for you. With Petron supplying 40% of the fuel needs in the Philippines, ...
Why do franchises have to be screened?
Because the company does have a reputation to keep, it also screens all franchise applicants thoroughly to ensure that they meet the brand’s criteria. Prospective dealers need to possess a certain level of experience to be considered – and must also pass the eligibility criteria.
How to become a franchise dealer?
Prospective dealers should meet the following criteria: 1 Have money for the franchise investment amounting to Php1 million to Php9 million, depending on what type of station you are planning to franchise. 2 Has a clean record 3 Can dedicate most of his/her time in running the franchised station 4 Must have the drive to be the number one in the trading area, not just to operate a service station 5 Should be willing to undergo a 4-week dealer management course 6 Should not be an owner of another Petron station or any other oil company.
How long is a Petron dealership contract?
The dealership contract with Petron covers a minimum period of three (3) years. This contract is renewable for another three-year period based on the dealer’s performance. However, the dealer is not allowed to transfer the dealership to anyone by succession, assignment, sale, etc. Such right rests only with Petron.
How to apply for a Petron dealer?
1. Screening: Fill out the Dealership Application Form and then, write a letter of intent and submit it with other required documents. When all documents are complete, the application shall be submitted to Petron offices. Upon receipt, the company will review the documents submitted and assess the proposed site. The applicant will be advised of the application status as soon as possible.
How to contact Petron in Luzon?
For Luzon Applicants: To: Network Expansion-Reseller Trade. Email: [email protected]. Fax: (02) 884-0950 or (02) 884-0940.
How long is the Petron Dealer Management Course?
2. Training: The applicant who will pass the screening process will be endorsed to enroll in a four-week Petron Dealer Management Course (DMC). This gives the aspiring applicant to have a comprehensive training and deeper understanding of the business. DMC is conducted in the San Miguel Corp. Head Office Complex in Mandaluyong City.
Does a dealer pay monthly rental for service stations?
Further, the dealer pays a monthly rental for the service station facilities .
Is it a good time to invest in a gas station in the Philippines?
With today’s growing demand for fuel use and consumption, and with increasing numbers of cars, now may be the best time to invest in a gas station in the Philippines!
Is Petron Bulilit still a gas station?
Petron Bulilit Station is still a Petron gas station, but unlike the typically large, full-service Petron service stations, the Bulilit version only has two or three product pumps. The Bulilit Service Station is still engaged in the same retail operations – buying, storing, and reselling Petron’s petroleum products such as lubricants, fuel, LPG, ...
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.
What to consider when franchising PETRON LPG Dealership?
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
What is Petron Corporation?
Petron Corporation is the largest oil refining and marketing company in the Philippines. Supplying nearly 40% of the country’s oil requirements, our world-class products and quality services fuel the lives of millions of Filipinos everyday.
Where did Phoenix Petroleum start?
What started as a homegrown corporation in Davao, it started making a name for itself in the north when it built a network of retail stations. Awards recognizing the distinct Filipino efforts shown by its growth lead to this company as the country’s leading independent oil company and one of many petroleum brands trusted by Filipinos. If you want a company that will support you in your goals and earn big profits with low investment, Phoenix Petroleum won’t disappoint!
What is the largest oil company in the Philippines?
The Philippines’ largest oil refining and marketing company, Petron provides a third of the country’s oil requirements. With the largest retail network in the country of 1,900 gasoline stations nationwide, they sell their products such as gasoline, diesel, jet fuel, LPG, kerosene, and many more. It would be best not to miss this opportunity to franchise the largest local oil company as it results in a profitable future and in returns!
About Petron
Franchise Selection Criteria
- Petron requires prospective dealers to possess certain traits and level of experience before they are approved to run a Petron franchise. Specifically, these eligibility criteria require franchisees to: 1. Meet capitalization required for a given dealership (franchise investment could range from P1 Million to P9 Milliondepending on the type of stat...
Franchise Fee and Types of Dealership
- Petron station dealers sign a dealership contract covering a minimum period of three (3) years. The contract is renewable for additional three-year periods based on the performance of the dealer. Petron offers 3 dealership options: 1. Company-owned service stations (COSS) These are stations built, equipped and maintained by the company on either company-owned or leased lot…
Franchise Application Steps
- 1. Get to know the service station business by reading the Primer on Petron Dealership Program. 2. Accomplish the Dealer Application Form which consists of three parts: Part I. Dealer Application Part II. Financial and Personal Statement Part III. Business Plan 3. The initial screening will be based on the content of the application. Take time to fill out the required date …
Franchising Contact Details
- For Luzon Applicants: Network Expansion Group – Luzon Reseller Mailing Address: Ground Floor, San Miguel Corp. (SMC) Head Office Complex, 40 San Miguel Avenue, Mandaluyong City 1150 Tel. No.: (02) 884-9251 For Visayas and Mindanao Applicants: Network Expansion Group – VisMin Reseller Mailing Address: Petron Corp. Mandaue Terminal, Looc, Mandaue City Tel. No.: (32) 34…