- 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)
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How much is Petron franchise in 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 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 does it cost to open a Petron petrol station in Malaysia?
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 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:
Is it good to invest in gas station?
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 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 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...
How much money do you need to open a petrol station?
A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site. Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes and profitability.
How much do petrol station owners make?
Q: Is it profitable to own a petrol pump? Ans: As we all know, a petrol station is open 24 hours a day, seven days a week, and you may easily make a profit of 2 to 2.5 rupees per litre on petrol and ₹1.80 to 2.40 rupees per litre on diesel. The profit ranges from ₹1 to 2 lakh rupees per month.
How do I become a gasul dealer?
Petron Gasul Franchise Application Process Letter of Intent. Accomplished Application Form. Scanned copy of 2 valid IDs. Picture of proposed location.
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)
How much will it cost to franchise Jollibee?
Jollibee franchise ranges from Php 25-35 Million. Details of investment cost, return of investments and other franchising details will be discussed with you once your application has been approved.
How much does it cost to have a gasoline station?
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. However, you'll likely earn less from them.
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)
How much does it cost to set up a fuel 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 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)
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 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.
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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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.
What is a DOSS?
DOSS, in general, are smaller outlets limited to filling activities. However, there are large DOSS found in urban areas. 3. Petron Bulilit or Micro Filling Station (MFS) Petron Bulilit Stations, or Micro Filling Station (MFS), are service stations built and designed to cater to areas with untapped fuel demand. ...
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.
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, ...
History of Petron
Petron started in September 7 of 1933 when two companies, Socony Vacuum Oil of New York and Standard Oil Company of New Jersey, partnered to form Standard Vacuum Oil Company or Stanvac.
Petron LPG Franchise Information
Before deciding to franchise the LPG business, here are some information regarding the type of business you will get yourself invested in.
Contact Information
Petron Corporation Address: San Miguel Corp. Head Office Complex 40 San Miguel Avenue, 1550 Mandaluyong City
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.
