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How much is Petron gas station franchise 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 will it cost to franchise a gasoline in 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 can I franchise Petron in the Philippines?
Petron Franchise Steps of Application Process Letter of Intent (include complete name, home/office address, contact information, and address of proposed lot) Lot Plan. Vicinity Map. Transfer Certificate of Title (TCT)
How do I open Petron?
The first step is to fill out our Dealer Application Form. Next is to write a letter of intent and submit it together with other documents. When all your documents are complete, submit your application to our offices.
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.
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.
How much does it cost to start a Petron station?
How much do I need to invest? The average cost required for investment is RM 3-4 million for building, facilities and equipment, and RM 550,000 as working capital (including cash security). The amount may vary depending on the size and location of the service station.
How much do gas station owners make per month 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)
What is Petron salary?
Average annual salary in Petron is INR 3 lakhs.
How can I own a gas station?
Requirements to Buy a Petrol Station ExampleSelling 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.More items...
Can I open my petrol pump?
Rural petrol pump applicants who are SC/ST or OBC must have passed minimum 10th standard and all other applicants must have passed a minimum 10+2 level of examination. In case of an application under an open category, the applicant must have passed a minimum 10+2 level of examination for rural petrol pumps.
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 does a gasoline station earn in Philippines?
The average gas station cashier gross salary in Philippines is ₱164,873 or an equivalent hourly rate of ₱79. In addition, they earn an average bonus of ₱2,292. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Philippines.
How much profit does a gas station make in the 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 do you open a gasoline 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)
How much is LPG franchise in the Philippines?
Petron Gasul Franchise Details: Royalty Fee: N/A. Marketing Fee: N/A. Franchise Fee: PHP 200,000. Investment Capital: N/A.
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, ...
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.
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.
What is a DOSS service station?
Dealer Owned Service Stations (DOSS) are typically smaller stations built and financed by the dealer. Petron Bulilit or Micro Filling Stations (MFS) are very small stations built by the dealer, then financed and equipped by Petron. Submit your application to the following:
How to apply for Petron service station?
If you own or lease a lot that you think is fit for a Petron service station, you already have one requirement off the list.The first step is to fill out our Dealer Application Form.Next is to write a letter of intent and submit it together with other documents.When all your documents are complete, submit your application to our offices. (Click on APPLY NOW below to see list of requirements and our office addresses for Luzon and Visayas-Mindanao applicants.)Upon receipt, we will review your documents and assess your proposed site.We will advise you of your application status as soon as possible.Tip: Remember to ensure that your documents are complete.
How long is Petron Dealer Management Course?
When you pass our screening process, we will share with you the good news immediately.We will endorse you for enrollment in a four-week Petron Dealer Management Course (DMC) to give you a deeper understanding of the business and a more comprehensive training. We conduct the DMC in the Petron Sales Academy, Jesus St. Pandacan, Manila. Even after you graduate from DMC, we will continue to guide you in running your Petron service station. On your first few days of business, expect us to visit and hold hands-on training with you and your personnel to ensure your station’s seamless operations.
What is a service station?
The service station business is a retail operation. It includes buying, storing, and reselling Petron’s premium petroleum products such as fuels, lubricants, LPG, and other specialty products as well as providing quality services to its customers all the time, every time.
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 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 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, ...
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:
What is a Petron Bulilit station?
Petron Bulilit Station is a small version of Petron gas station . It only has two or three product pumps that have the same retail operations that buy, store, and resell Petron’s petroleum products such as lubricants, fuel, LPG, and other specialty products. The cost of investment for Micro Filling Station is not high because the company will shoulder the cost of signage and equipment, while the dealer invests in the station’s construction cost.
How long is a Petron dealer contract?
Dealership Information. Contract with Petron covers a minimum of three (3) years. It must be renewable for another three-year period based on the performance of the dealers. The contract dealership is not transferable to anyone succession of a rank, assignment, sale, etc. Petron only has the right to do it.
How many service stations are there in the Philippines?
The Philippines has 2,400 most extensive service station network. You can find a Petron station even in rural areas. Also serve essential industries including transportation, power generation, manufacturing, aviation, and agriculture. Retail Petron Gasul and Fiesta Gas LPG in nearly 14,700 branches nationwide serve Filipino families. From undeveloped, purifying, and distribution, each part of the value chain works in close concert to provide millions of customer’s products that uniquely formulated to meet, even exceed their expectation.
Why is Petron important?
It is the main reason why Petron wants to reach every town especially those rural areas .
How long is the Dealer Management Course at Petron?
Enroll in a four week Dealer Management Course (DMC) offered by Petron Corporation, to be held in Petron Training School.
Is a gasoline station a good investment?
A gasoline station can be a good investment if it is in a good location and has a great marketing strategy. Customer satisfaction is also part of the business. Individuals who are not just passionate and hard-working, but are also friendly and service-oriented must the perfect partner and investor for this business.
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!
How to become a Bulilit Station Dealer?
Dealers are “Petron” to the public. This is why we take great care in selecting our dealers, whom we consider as partners in providing our customers with premium products and quality services.
Franchising benefits
There is high success rate due to its business model rather than starting from scratch.
What to consider when franchising Petron Bulilit Station?
1 Make sure that you really want to own this franchise and this will best fit your venture among other offered business opportunities.
Franchise Dealership Types
Dealership Information
- 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.
Application and Selection Process
- Here is an overview of the selection process for potential dealers of dealer-owned and micro-filling service stations: 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 d…
Requirements
- Send the completed Dealership Application Form downloadable from the company website (www.petron.com) together with the following: 1. Letter of Intent – should include complete name, home/office address, contact information, and address of proposed lot 2. Vicinity Map 3. Lot Plan 4. Transfer Certificate of Title
Contact Information
- If you have questions or clarifications regarding the Petron franchise, contact them using the following contact details. For Luzon Applicants: To: Network Expansion-Reseller Trade Email: [email protected] Fax: (02) 884-0950 or (02) 884-0940 Tel. No.: (02) 884-9251 Mailing Address: Ground Floor, San Miguel Corp. Head Office Complex, 40 San ...