how to franchise caltex gasoline station

There are 7 steps in order to become a CALTEX Franchisee (or Retailer):

1. First you’ll need to submit and present your site location for CALTEX approval.
2. Then you’ll need to apply by completing the CALTEX application form.
3. They will then conduct an interview with you, at your own home.
4. Next, there will be a sustainability check by CALTEX (On-the-job training & evaluation).
5. Then CALTEX will conduct a check of your financial background.

Full Answer

Can I franchise a Caltex gas station in the Philippines?

One option for interested franchisees is a popular brand in the fuel industry: CALTEX. Continue reading to get more information about how to franchise a CALTEX Gas Station in the Philippines. Caltex is a brand of the Chevron Corporation, one of the world’s largest oil and petroleum companies.

How long does it take to open a Caltex gas station?

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. Operating Hours: A usual Caltex gas station has to be open 24/7.

What is the Caltex franchise agreement?

Regarding stores or restaurants that can be located in the gas station, Caltex’s solid partnerships allow franchisees to co-brand with popular restaurants and stores in the Philippines. The Caltex Franchise (Retailer) Agreement Term is basically for 5 years, and it’s open for extension for another 5 years under their agreed terms and conditions.

Why become a Caltex station owner?

By providing our retailers with financial incentives, accessible support and resources, and more, we have maintained our standing as one of the world’s most successful energy companies together as a brand. Join us today as a dedicated Caltex station owner, and let’s grow together.

How can I franchise Caltex in the Philippines?

Here are more Caltex Franchise Numbers and Details: P2 Million to P3 Million. Lot Size/Layout requirements: This must meet a minimum design layout of 1,200 sqm. Frontage size requirements: Minimum of 40 meters. Lot Lease Agreement requirements: The agreement must be secured for a term of minimum 10 years.

Is franchising a gas station profitable?

Gas stations and their corresponding convenience store or food outlets rank as one of the most popular and profitable franchises in the United States. With over $400 billion in revenue every year, and more than 100,000 gas station/convenience stores operating all over the country it is clearly a popular business model.

How can I franchise 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)

How do I start a small fuel station?

How to open a gas stationWrite your business plan. ... Register your business. ... Secure funding. ... Buy the property. ... Secure a gas supplier contract. ... Obtain necessary permits and licenses. ... Get business insurance. ... Market yourself.More items...•

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 to own a gasoline station in the Philippines?

Able to invest average Php 10-12 Million initial capital for a station. No Franchise Fees.

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.

What are the requirements for gasoline station?

Checklist of. Requirements for. Gasoline Station. ... Affidavit of ownership & non-encumbrance of machin- ... Consumer Welfare and Promotion Office. Ground Floor, Annex Building. ... Application Fee. Certificate of Completion of. ... DBP processing fee. Bio-data of Applicant/Major. ... Two (2) copies of lot plan cer- tified by a Geodetic Engineer.

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.

Is fuel station profitable?

How profitable is owning a petrol station? The profitability of owning a petrol station will vary depending on a number of factors, such as location, size, overhead costs, fuel supplier and fuel costs, whether you buy a leasehold or a freehold, and of course, how well the business is run.

How do I invest in a petrol 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...

How do petrol station owners make money?

Petrol stations don't make much money Retailers try to make about 4-5p per litre, but out of that they have to pay staff, business rates and corporation tax. Fuel stations often depend heavily on sales from the shop – a retailer can make more on selling a Costa coffee than on 40 litres of fuel. '

Do gas stations make money?

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.

What is the most profitable franchise?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Is owning a convenience store profitable?

Generally, convenience stores are profitable propositions, with average gross profit margins upwards of $450,000. Profitable ventures may result in an opportunity to open other locations within a city or area, increasing your potential profits that much more.

Do gas stations make money on gas?

Retailers Make Very Little Selling Gas Generally, the markup (or “margin”) on a gallon of gas is about 15 cents per gallon (gross profit before expenses). Factoring in expenses, which include rent, utilities, freight, labor and credit card fees, a retailer is left with about 2 cents per gallon in profit.

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.

Caltex Franchise on the Philippines: A Quick History

Caltex started in The Philippines in 1917, when Texaco started distributing gasoline through a local company, Wise and Co. Texaco became established in Binondo, Manila in 1921 and soon after, Caltex’s Pandacan Oil depot became the key distribution terminal for the nearby provinces.

Advantages of Getting a Caltex Franchise

Caltex is very well-known and trusted, once you get a good location, customers will just choose your Caltex store.

How long is Caltex gas station open?

A usual Caltex station is open 24 hours. The retailer must employ a station manager who will be in charge of the gas station.

How long does it take to convert a Caltex station?

If the franchisee has an existing station which will be converted into a Caltex station, the average time required is around 3-4 months.

How to become a Caltex retailer?

These are the seven (7) steps in order to become a CALTEX Retailer: 1 Submit and present your site for CALTEX approval. 2 Apply by completing an application form. 3 An interview at the retailer’s home will be conducted. 4 Next, there will be a sustainability check (On-the-job training & evaluation). 5 The aspiring retailer’s financial background will then be checked. 6 The aspiring retailer will present to the Retailer Selection Board for approval. 7 Once approved, there will be a contract signing the franchisee must then complete a 2-week New Retailer Training Course.

How long is the Chevron Retailer Agreement?

The Chevron Retailer Agreement Term is for 5 years, renewable for another 5 years under agreed terms and conditions.

What is a caltex?

About CALTEX. Caltex is a brand of the Chevron Corporation, one of the world’s largest oil and petroleum companies. Caltex (Philippines) Inc. was formed in 1936 and in 1954, the first oil refinery of Caltex in the Philippines was built.

What does the Caltex star mean?

Some trivia: Do you know the meaning of the star in the Caltex logo? The Caltex Star is a symbol of quality, value, and service. It serves as a reminder of the company’s commitment to its customers, which is:

Who will present to the Retailer Selection Board for approval?

The aspiring retailer will present to the Retailer Selection Board for approval.

Is Caltex a successful energy company?

By providing our retailers with financial incentives, accessible support and resources, and more, we have maintained our standing as one of the world’s most successful energy companies together as a brand. Join us today as a dedicated Caltex station owner, and let’s grow together.

Can you run your own business with Caltex?

With Caltex on your side , you can now enjoy the independence of running your own business, while getting the support and prestige of a trusted company — a winning combination.

About Caltex

Site Requirements

Building The Gasoline Station

Business Operations

How to Apply to Be A Caltex Franchise Retailer

• These are the seven (7) steps in order to become a CALTEX Retailer: 1. Submit and present your site for CALTEX approval. 2. Apply by completing an application form. 3. An interview at the retailer’s home will be conducted. 4. Next, there will be a sustainability check (On-the-job training & evaluation). 5. The aspiring retailer’s financial backgrou...

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