is bp a franchise

Is there a BP franchise in the UK?

BP franchise. BP Connect is a convenience store owned by BP P.L.C. —the British multinational oil and gas company with over 18,000 retail sites spread across the globe— usually located beside BP filling stations.

How much does it cost to buy a BP Connect franchise?

BP Connect Franchise Cost / Initial Investment / BP Connect Franchise. Income. The total estimated investment to open a BP Connect franchise ranges from $2.27 million to $6.67 million, including estimated real estate costs, with an estimated liquid capital available of $700,000 to $1 million. The franchise fee is $30,000.

Should you franchise a BP gas station?

To franchise or not to franchise is a classic question. Sure, you can open your own gas station, but BP is a trusted name.

How do I find the terms of a BP franchise agreement?

To obtain the information on the initial terms of the franchise agreement for a BP franchise, the intending franchisees are required to contact the company directly on its website at www.bp.com. Also, for the information on the franchise agreement renewals which the company provides, the intending franchisees can also contact the company.

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Is BP garage a franchise?

Globally, BP has over 18,000 retail sites and is a major franchising presence in the UK, US, and South Africa. In the UK, consumer BP franchises are spread over 300 locations and 950 independently owned BP-branded sites.

Why are so many BP gas stations closing?

BP has warned it has had to "temporarily" close some of its petrol stations due to a shortage of lorry drivers. The oil firm said only "a handful" of sites were affected by the fuel supply issues, which have led to a lack of unleaded and diesel fuel.

How much is a BP petrol station franchise in South Africa?

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.

Who owns BP stations in Australia?

Endeavour PetroleumEndeavour Petroleum owns and runs 28 petrol stations across Gippsland Western Victoria, Southern NSW and South Australia and eastern Victoria. Three of these are BP branded.

How many gas stations does BP own?

18,700 service stationsThe company has around 18,700 service stations worldwide, which it operates under the BP brand (worldwide) and under the Amoco brand (in the United States) and the Aral brand (in Germany). Its largest division is BP America in the United States.

How many BP gas stations are in the US?

You can download the complete list of 6,936 BP locations data as an Excel file, along with geo-coded addresses, phone numbers and open hours from our data store.

How much does it cost to open a BP franchise?

Facts & FiguresLiquid capital required$700,000Investment$2,500,000 - $6,600,000Franchise fee$30,000

How much is a Caltex franchise?

Franchise Details: Facilities and Equipment Cost : P5 M – P7 Million. Operating Capital : P2 M – P3 M. Retailer Agreement Term : 5 years, renewable.

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 own a petrol station in Australia?

between $200,000 and $2,000,000Buying an existing petrol station can cost (on average) anywhere between $200,000 and $2,000,000 or more in some cases. There are a number of costs associated with buying and running a petrol station in Australia.

Where does BP get their fuel from?

We source barrels of oil from throughout the globe and have unparalleled access to bp's global assets. Through our network we also source barrels from other producers, which provides us with access to all the key crude grades. We offer deep expertise in trading oil.

What does BP stand for at the petrol station?

British PetroleumBP Plc (BP), commonly known as British Petroleum, is one of the world's largest integrated oil and gas companies. The company is involved in almost every step of the oil and natural gas supply chain, from exploration to the sale and marketing of energy products.

How many garages did BP close?

BP Amoco is to save an estimated £1bn by closing down or ending supply contracts with 5,000 petrol stations worldwide. The company is implementing a global rebranding programme.

Why are petrol stations running out of fuel?

SOME petrol stations are running out of fuel due to anti-oil protests blocking deliveries. Hundreds of forecourts have reportedly closed due to the shortages, with drivers facing long queues at the pumps that have remained open.

What does BP stand for gas station?

British PetroleumBP Plc (BP), commonly known as British Petroleum, is one of the world's largest integrated oil and gas companies.

How much does BP franchise cost?

BP requires its intending franchisees to pay a franchise fee of $30,000 (U.S. dollar). Other required fees include a 3% ongoing royalty fee and a 5% ad royalty fee.

Where to find the terms of a BP franchise agreement?

To obtain the information on the initial terms of the franchise agreement for a BP franchise, the intending franchisees are required to contact the company directly on its website at www.bp.com.

What is BP oil?

BP is a multinational oil and gas company in England . The company was formerly known as British Petroleum. BP was founded 18 years ago on May 1, in the year 2000. The company started franchising 12 years ago in the year 2006, 6 years after it was founded.

Where is BP located?

The company’s headquarters is located in London, England, in the United Kingdom. BP’s corporate address is located at 1 St. James Square London, SW1Y 4PD. The company’s first store was opened in the United Kingdom. Prior to the year 2000, the company has a very long history in the oil and gas industry as the history of the company dates back to ...

Where is BP gas station?

With British origins, the BP gas station has spread its operations across the world. BP is a multinational oil and gas company based in London. The oil and gas industry is a huge industry, so huge that the economic well being of economies depend on it. An oil and gas opportunity is one that should not be missed.

Can a BP franchise make money?

The franchisee, however, can make good money with a BP franchise based on the success of the BP brand.

Is BP a public company?

BP is a public limited company. As a public company, BP is registered in the United Kingdom as BP Plc. BP is primarily listed on the London Stock Exchange (LSE) with the Ticker Symbol BP.

How much does it cost to open a BP Connect franchise?

The total estimated investment to open a BP Connect franchise ranges from $2.27 million to $6.67 million, including estimated real estate costs, with an estimated liquid capital available of $700,000 to $1 million. The franchise fee is $30,000.

What is the slogan of BP Connect?

BP Connect stores have featured the advertising slogan, ‘A Little Better Gas Station, ’ made popular by a song, LA, performed by the indie rock band Message of the Blues and featured in TV and radio ads.

What is BP Connect?

BP Connect is a one-stop clearinghouse of all your needs on the go. The convenience store/café/filling station brand is owned by BP, the multinational British oil and gas corporation. The stores feature a sleek design and are known for having a kiosk with Internet.

How many BP Connect locations are there?

BP Connect has approximately 200 locations in nine U.S. states, and is seeking expansion in the Midwestern and Eastern regions of the country. Franchisees receive full support from the corporation, including with marketing and advertising, training and consultation, sales planning, accounting and financial assistance, and advice on product mix.

Is Honey Baked Ham a franchise?

The Honey Baked Ham Company, America's first and favorite ham franchise, has been serving high quality products for over 60 years. As a retail food franchise, HoneyBaked stands out with its multiple revenue streams and simple operating requirements.

Is BP Connect a franchise?

BP Connect is listed in the Franchise Directory under the Retail category. It's also listed in the section for Franchises Under $1,000,000 .

Why Open a BP Franchise?

Sure, you can open your own gas station, but BP is a trusted name. The company somehow managed to bounce back from the nightmare PR they received following an accident nearly a decade ago (you might have seen the movie "Deepwater Horizon"), and they have completely revamped their image into something Americans trust.

How many countries does BP operate in?

Before you even get together the money to launch a BP franchise, you need to know if BP even operates where you live. The company operates in 70 countries worldwide but doesn’t actually hit every state. If you’re in Nevada, Arizona, Montana or North Dakota, you might be totally out of luck.

What states do not require franchises?

The latter is dependent on location. States like Alabama and Alaska don’t require you to register your franchise, whereas Texas charges $25 for registration, and Rhode Island charges $600. If the state you’re in doesn’t have its own franchise laws, you automatically default to the federal laws.

How much does it cost to open a gas station?

If you don’t have a huge savings, you’re going to need investors or a business loan. It can cost $2.5 million to upward of $6.6 million to open a gas station franchise like BP, though that includes salaries of staff for the first three months, buying land and the cost of all the equipment. Constructing a facility with underground gas tanks and reservoirs can cost more than $400,000 alone.

Can you franchise BP without gas?

You can’t have a BP franchise without gasoline. You might also choose to offer BP’s lubricant range and Castrol range. Whatever you choose, it’s time to stock your business and prepare for opening. Once you have your location ready to go, you need to hire your staff.

Do franchises need a lawyer?

Franchises are heavily regulated in America. This is why you’ll need a great lawyer, and you’ll need to file the proper paperwork. These laws range from the federal franchise rules to state registration and disclosure laws.

Do you need gas to open a BP?

A BP franchise is the sort of thing that doesn’t go out of style. Yes, the price of the oil drum varies, but people will always need gas as long as they’re driving nonelectric cars.

How many BP franchises are there in the UK?

In the UK, consumer BP franchises are spread over 300 locations and 950 independently owned BP-branded sites. The brand is a major job provider, too, accounting for 16,000 direct employees and branching out to create 141,800 jobs in the UK.

How can I you apply for a BP franchise or find out about BP franchises for sale in the UK?

Send an inquiry email to the investor relations department by filling in the enquiry form found on this page.

How much does a BP Connect franchise cost?

The franchise fee for a BP Connect store in the UK is approximately £20,000. On top of that, you will need to have around £800,000 in liquid investment for running costs until you become profitable. A total investment of around £2,000,000 is expected, including the high cost of real estate and your shop outfit. BP does not offer financing services.

What is included in the BP franchise fee?

Included in the BP franchise fee is software (both back end and point of sales), agreed-upon equipment, training for you and your staff, sales advice, health and safety recommendations, and more. You will work closely with the UK’s head office to ensure your combined investment is a success.

Why choose a BP franchise over other convenience-focused franchise options?

BP is a global player with a brand presence unrivaled by most companies. When starting out, you’ll be backed and supported by one of the biggest companies in the world.

What is BP service?

BP’s primary service is the sale of fuel via petrol stations. With 1,200 individual outlets, BP fills the tanks of five million UK cars every single week. The opportunity for businesses to generate high income via sheer foot traffic is immense. Through value-added business branches, you can generate an income of more than gas. BP Connect is a perfect example of a value add to an existing BP service station.

What is BP Connect?

A BP Connect franchise is a convenience store that sells all manner of supplies to travelers and time-strapped commuters. BP Connect stores stock food items, toiletries, emergency car supplies, and novelty items like flowers or gifts.

How many locations does BP have?

BP have over 300 locations in UK, and around 200 in the US; currently they are seeking expansion globally. Through their combined efforts —with BP global— they are able pride thereselves in being called the 6th largest oil and gas company, the 6th largest energy company, and the company with the world's 5th largest turnover. Furthermore, BP connect is recognised everywhere you go, their green logo and sleek interior is bound to attract travellers on the road. You can invest with confidence knowing that you will be dealing with a stable market, alongside them —a globally-dominating company.

When did BP connect open?

BP Connect locations were first opened in UK back in 2000. Prior to BP Connect, they have over 25 years of experience in the petroleum convenience store industry. They expanded into the US in 2001 and currently have around 200 sites in nine states.

What is BP Connect?

BP Connect is a convenience store owned by BP P.L.C. —the British multinational oil and gas company with over 18,000 retail sites spread across the globe— usually located beside BP filling stations. They are a globally recognised brand with a diverse range of products: from savoury food, to refreshing drinks, to toiletries, and automotive supplies —you are sure to find what you need with them. They're also known for their original “Wild Bean Cafe,” their customers just can't get enough of their aromatic original-blended coffee, and wide array of delicious pastries. You can count on them to give you that extra boost you need to finish your remaining hours on the road 24/7.

Becoming part of the BP network is about more than just signing a basic supply agreement

alignment with a strong global brand which is recognised for its commitment to excellent financial, social and environmental performance

Being part of the network means you enjoy

alignment with a strong global brand which is recognised for its commitment to excellent financial, social and environmental performance