Email application forms to [email protected]. If you don’t hear from us within a month (30 days) after the closing date of the advert, please regard your application as unsuccessful. Sasol reserves the right not to make an appointment in the event a suitable Franchisee cannot be secured.
Full Answer
How many fuel stations are there in South Africa?
How much petrol does South Africa use?
Why open an independent fuel station?
Is petrol cheap in South Africa?
Does South Africa burn petrol?
Do you need approval for a new petrol station?
Is it safe to buy an oil company?
See 4 more
About this website
How much does it cost to open a Sasol garage?
Franchise fee is R2. 5M. Working Capital is R1. 5M Fuel Guarantee is R 850 000.00 ( Garage Sure or Refine – subscription ) Total Amount Required – R4M.
How much is a Sasol garage franchise in South Africa?
The company is currently selling a franchise in Gauteng, with convenience store a monthly fuel average of 315,000 litres, for R10 million. A smaller Sasol franchise in Port Elizabeth, that sees an average of 203,300 litres per month, is currently on the market for just under R6 million.
How many Sasol garages are in South Africa?
Top service stations Sasol has the highest visit ratio of 4,221 visits to each of its 294 service stations over the past three months, reflecting its superior site location, Lightstone said.
Who is the owner of Sasol garage?
SasolTrade nameSasolHeadquartersSandton , South AfricaKey peopleFleetwood Grobler (current CEO 2019) Bongani Nqwababa and Stephen Cornell (prior joint CEOs)Revenue$12.26 billion (2020)Operating income$(7.15) billion (2020)8 more rows
What is the cheapest most profitable franchise in South Africa?
Which is the Cheapest Franchise to Buy in South Africa?Fish & Chip Co.: Roughly R645 000 starting cost plus R4400 monthly payment.King Pie: Approximately R600 000 starting cost.Zebro's Chicken: Roughly R831 000 plus 4% of monthly turnover.
How much does it cost to buy a Sasol franchise?
The franchise fee is R2. 5M. Working Capital is R1. 5M Fuel Guarantee is R 850 000.00 ( Garage Sure or Refine – subscription ) Total Amount Required – R4M.
Is Sasol a good investment?
The one-year consensus forecast on SOL shares currently shows a 16% sell, 42% hold, and 42% buy, with the majority consensus leaning towards investors holding the shares that they currently have in Sasol.
How much does it cost Sasol to produce petrol?
The analyst who calculated Sasol's cost of manufacturing the crude oil equivalent of a barrel of oil from coal, estimates the costs of its mooted 80 000 barrels a day Mafutha plant at $70 a barrel. This is at a capital cost of $100-billion.
How much does it cost to buy a Sasol franchise?
The franchise fee is R2. 5M. Working Capital is R1. 5M Fuel Guarantee is R 850 000.00 ( Garage Sure or Refine – subscription ) Total Amount Required – R4M.
Which franchise is most profitable in South Africa?
These are the start-up costs for opening some of the biggest franchises in the country: KFC – from R6 million. Nando's – from R7 million. Debonairs – from R2 million....Top 20 fast food franchises that make the most money in South Africa.BrandSteersRevenue (2017)R1.35 billionGrowth (from 2016)8.9%Franchises (2017)561Revenue per outletR2.4 million19 more columns•Aug 2, 2018
How much does it cost to open a petrol station SA?
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 does spar franchise cost?
Start-up-costs for buying an exisiting store (40% unencumbered ) : KWIKSPAR from R5 million. SPAR from R8 million. SUPERSPAR from R10 million.
How to open a petrol station franchise in South Africa - BusinessTech
One of the more resilient industries capable of delivering healthy profits during times of slow national economic growth is the fuel retail industry, says James Noble, a business development ...
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How many fuel stations are there in South Africa?
Still, given our dependence on petrol and diesel, the fuel retail industry is surprisingly resilient. There are close to 5,000 service stations in South Africa, and according to the Department of Energy, and these have an annual turnover of approximately R220 billion.
How much petrol does South Africa use?
South Africa pumps more petrol than any other country on the continent – some 11.7 billion litres per year , according to the Department of Energy. Diesel isn't far behind.
Why open an independent fuel station?
Opening an independent fuel station. The independent route allows for greater freedom, and potentially greater profit, without the restrictions of a parent company. In theory, if you know what you’re doing and have enough cash, you can establish a filling station with your own brand.
Is petrol cheap in South Africa?
Be warned, it is not for everyone, and it isn't cheap. If petrol isn't your thing, see below for links to articles about opening up franchises in fast food, retail, and other sectors. South Africa pumps more petrol than any other country on the continent – some 11.7 billion litres per year, according to the Department of Energy.
Does South Africa burn petrol?
South Africa burns a lot of petrol – and selling it may be for you.
Do you need approval for a new petrol station?
New sites for petrol stations require approval from government, and you’ll need to jump through several legislative hoops as stipulated in the rather daunting Petroleum Products Act regarding petroleum products site and retail licences .
Is it safe to buy an oil company?
A far safer option for first-time owners is to buy an existing franchise from one of the major oil companies, even if it comes with some restrictions. You’ll be tapping into the expertise, workflow and brand of established players.
What is garage franchise?
Franchise garage businesses offer a variety of services that some would classify as "fix it" or handyman franchises. In most cases, however, these business opportunities improve property value by focusing specifically on garage services that include door and window installation, building carports and adding shelving for greater organization. Learn more about service offerings, marketing support and other key benefits an established franchisor provides by beginning your research at Franchising.com.
Who produces franchising.com?
Franchising.com is produced by Franchise Update Media. Franchise Update Media has its finger on the pulse of franchising with unrivalled audience intelligence and market driven data. No media company understands the franchise landscape deeper than Franchise Update Media.
What is a franchise concept?
Franchise concept comprise of separate business units. Often, depending on the franchise company, the concept could comprise of separate business units such as the forecourt, a convenience store, a bakery, car wash or a quick-service restaurant. These can be added under certain conditions.
What are the two categories of petrol stations in South Africa?
South Africa petrol stations fall into two categories, independent and franchise operations, both of which are funded in the same way. Independently owned garages still play a big roll in the South African economy.
Why are filling stations so strong?
Existing filling stations are in a particularly strong position because of the PPA which controls the energy authorities to ensure that the number of filling stations is appropriate to local sales volumes and does not exceed the optimal number for an area.
What to make sure when buying a business?
Make sure that all licenses, agreements, and permissions are in place . These should also be a pre-condition in the purchase offer. Find out where the competition is located, what services they offer.
Who determines which business units are suitable for the particular site?
After extensive market research, the franchisor determines which business units are suitable for the particular site and grants a licence to a single franchisee to operate the entire outlet.
How long do filling stations stay open?
It’s also a business that has no downtime; most filling station franchises must remain open 24 hours a day, every day of the year.
Why do you have to have an independent filling station?
In theory, if you know what you’re doing and have enough cash, you can establish a filling station with your own brand.
Does Engen require cash?
Engen requires more than cash to be successful. Applicants will complete a psychometric assessment at their own cost to ensure a good fit with the business.
Does South Africa burn petrol?
South Africa burns a lot of petrol – and selling it is an often lucrative business.
Is it safe to buy a petrol station franchise?
Like other types of franchising, it may be a far safer option for first-time owners to buy an existing franchise from one of the major oil companies. Even these are rare. Most leading petrol station brands appear to advertise just one or two on their websites every few months.
Will petrol stations recover in 2020?
Although traffic levels dropped off significantly during 2020’s Covid-19 lockdowns and may take some time to recover, petrol stations are still likely to generate profits for a while to come yet. If this, along with South Africa’s high petrol price, sounds like money to your ears, keep in mind that the link between the amount of fuel pumped, ...
How many fuel stations are there in South Africa?
Still, given our dependence on petrol and diesel, the fuel retail industry is surprisingly resilient. There are close to 5,000 service stations in South Africa, and according to the Department of Energy, and these have an annual turnover of approximately R220 billion.
How much petrol does South Africa use?
South Africa pumps more petrol than any other country on the continent – some 11.7 billion litres per year , according to the Department of Energy. Diesel isn't far behind.
Why open an independent fuel station?
Opening an independent fuel station. The independent route allows for greater freedom, and potentially greater profit, without the restrictions of a parent company. In theory, if you know what you’re doing and have enough cash, you can establish a filling station with your own brand.
Is petrol cheap in South Africa?
Be warned, it is not for everyone, and it isn't cheap. If petrol isn't your thing, see below for links to articles about opening up franchises in fast food, retail, and other sectors. South Africa pumps more petrol than any other country on the continent – some 11.7 billion litres per year, according to the Department of Energy.
Does South Africa burn petrol?
South Africa burns a lot of petrol – and selling it may be for you.
Do you need approval for a new petrol station?
New sites for petrol stations require approval from government, and you’ll need to jump through several legislative hoops as stipulated in the rather daunting Petroleum Products Act regarding petroleum products site and retail licences .
Is it safe to buy an oil company?
A far safer option for first-time owners is to buy an existing franchise from one of the major oil companies, even if it comes with some restrictions. You’ll be tapping into the expertise, workflow and brand of established players.