- Initial Investment – $45,645 to $1,479,800
- Net-worth Requirement – $100,000
- Liquid Cash Requirement – $30,000
- Initial Franchise Fee – $19,900 – $24,900
- Ongoing Royalty Fee – 4.95%
- Ad Royalty Fee – $899 per yr.
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 does it cost to invest in a gas station in the Philippines?
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 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?
Then we have these rough estimates with regards to your sales and income: 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 much is the franchise of Shell in Philippines?
Company Owned Dealer Operated (CODO) Dealer's role is to operate the station and order products from Shell. However, awarding of the station to the Dealer/Operator will be dependent on Shell's decision & availability of a station. Able to invest average Php 5-8 Million initial capital for a station.
How much is the franchise of Caltex in the Philippines?
Amazingly, Chevron does not collect a franchise fee so you can operate a CALTEX gas station! However, bear in mind that the minimum required investment is Php5 million. Step 8. All new franchisees are required to attend the 2-week New Retailer Training Course.
Is owning a gas station profitable?
Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
How do I open a gas station in the 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 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.
What is the best gasoline station in the Philippines?
1. Petron Philippines. Petron is the leading petroleum company in the country right now. They are number one in oil refining and marketing.
Which gas station is most profitable?
Speedway is one of the most profitable gas station chains on the market, but the company hasn't always been seen in the best light....Some of their subsidiaries include:Kwik Star.Stop-N-Go.Hearty Platter.Tobacco Outlet Plus.
What are the best franchise in the Philippines?
Some of the best franchises in the Philippines include Jollibee, McDonald's, Phoenix Petroleum, TGP, 7-11, and Bayad Center. These businesses offer high-quality products and services (some with affordable prices), making them popular with consumers.
How do I get a gas station in the 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 buying 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 money does owning a gas station make?
Did you know: A successful gas station owner can make anywhere from $40,000 to $100,000 or more annually? Owners of gas stations that do more than sell gasoline earn more money because the profit margins of the other things they sell are high.
Is investing in a gas station profitable?
Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
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:
How long does it take for a gas station to pay back?
According to Shell, the expected Return on Investment (ROI) for each dealership is around 20-30%. The average payback period for a gas station is around 2-3 years.
How to apply for a Shell franchise?
Interested to be a franchisee / dealer / retailer of a Shell gas station? Download the application form from Pilipinas Shell website and email it to [email protected] together with your Full Name, Email Address, Contact numbers, and Proposed location of the gas station.
What is a CODO gas station?
This type of dealership, specifically called Company Owned Dealer Operated or CODO, is built and equipped by Shell. If you are to franchise this type of gas station, your role will be to operate, keep fuels well stocked, and grow the dealership with the support and programs offered by Shell.
How big is a Shell station?
Shell prefers these types of dealers to already own a commercial lot, with size of at least 600-1000 sqm and with 30-50 sqm frontage, which will be the location of the station.
How old do you have to be to own a shell in the Philippines?
The Shell dealership in the Philippines may be awarded to a person or an individual note more than 55 years old. The legal entity could be a Sole Proprietorship named after the dealership applicant or, if a corporation, the nominated principal should be owning at least 50.1% of the company.
When did Shell start in the Philippines?
Shell Philippines started in 1914 as a distributor of kerosene in the country. Over time, the company has grown and expanded its product lines to include a wide range of fuels, lubricants, bitumen and other specialty oil-based products.
Does Shell charge a franchise fee?
What’s unique with Shell is that it actually doesn’t charge a franchise fee. You heard it right, there is no franchise fee. But of course, there are still fees that you need to pay in order to be allowed to acquire and operate your own Shell dealership. These fees include: Processing fee. Royalty fee.
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.
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.
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 much did gas stations make in 2016?
Gas stations realized sales of more than $418 billion in 2016. U.S. gas station revenue grew by more than 7% from 2015 to 2016. Americans spent % of their annual income on gas in 2014.
How long does it take to open a Phoenix radio station?
Once the site has been approved, the franchise agreement signed, and all required fees paid, it will take approximately 2 3 months for a Phoenix station to be ready for operations, depending on the size of the station.
How many forecourt attendants are needed for a pump station?
A station normally requires one forecourt attendant per pump. For an average sized station, seven to 10 personnel may be required. “You need to establish the scheduling of personnel.
Do gas stations make money?
A well run gas station in a prime area will typically do well and generate a profit. However, success depends on many factors that are out of an owner's control such as the price of fuel, nearby road construction or fluctuations in the labor market.
What are the Business operations of a Caltex Gas Station Franchise?
Training: Decided to invest in a Caltex Franchise? Well, after signing the franchise agreement and before opening your gas station, you and your management team will be required to attend a Caltex training course, which takes around 4-6 weeks to complete.
How long does it take to get a gas station in Caltex?
It usually takes around 6 months to complete a basic Caltex gas station.
How long does it take to build a Caltex Gasoline Station?
Well, this will naturally depend on the size of your gas station, the location and the facilities you plan to install (additional store or restaurant, etc.).
How to apply for a Caltex Franchise?
There are 7 steps in order to become a CALTEX Franchisee (or Retailer):
What is Caltex looking for in franchisees?
Caltex is looking for Franchisees with these things in common: A strong commitment to the Caltex values and operating standards. Sufficient financial resources, business experience and marketing skills. An open mind and willingness to learn and grow with Caltex.
Is Caltex a gas station?
Well, with its impressive history and continuous growth worldwide, Caltex are probably a strong bet with lower risks when it comes to a gas station franchise. We can’t say there aren’t any risks in this sector, because no business is a risk-free. However, Caltex are very much committed to being an outstanding business partner, ...
Do Filipinos like cars?
Filipinos, a bit like Americans, love cars (specially big ones), and are quite addicted to fuel. Regardless of the car size, this country (and probably any other country in the world) runs and operates mainly on vehicles of all types and sizes (cars, buses, trucks, motorbikes, etc.), and on FUEL. Until we reach that day where there’s a really awesome electric solution out there (and there’s not yet!) – then fuel will always be in demand. This makes it a good business opportunity, and the Caltex Franchise is a great option to evaluate deeply.
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