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 is Engen franchise?
How much does an Engen franchise cost? Engen is currently selling a relatively small franchise in Gauteng for
R2. 6 million
, excluding stock and assets. It has no convenience store, and pumps an average of 267,000 litres of fuel per month.
How do I start a filling station franchise in South Africa?
- Investing in the physical building, land and associated assets (prop-co).
- Purchase of the business operation only (op-co).
- Purchase of both (prop-co / op-co).
How much does it cost to build a petrol station?
The average cost of a new gas station with four gas dispensers and associated petroleum equipment such as underground storage tanks, concrete footings, piping, spill buckets, etc. is
$500K
.
How much profit do petrol stations make?
But before you cry foul, you should know that after all the ups and downs in a year, gas stations do not make much money from selling gasoline. After credit card fees and other operating costs,
net profit for gasoline sales averages 3 cents a gallon
, according the National Association of Convenience Stores.
What is the cheapest franchise to start in South Africa?
- Master Maths. …
- Dream Nails. …
- Bodytec. …
- Drain Surgeon. …
-
[email protected]
Business Centre. … - Globbing. …
- Odyssey Franchise Information. …
- Algorithmics.
What is the most profitable business in South Africa?
- 1- Mobile Restaurant: …
- 2- Budget Clothing Shop: …
- 3- Business Setup Adviser: …
- 4- Financial Adviser: …
- 5- Niche Website/Information Portal: …
- 6- Selling Online: …
- 7- Foreign Cuisine Restaurant: …
- 8- Web Design/Development:
How much land is required to open a petrol pump?
Companies prefer the place which is near residential locality, busy market areas or on the state/national highway because companies want to increase the sale. Normally, the area of
800 square meters to 1200 square meters
is sufficient to open a petrol pump.
Is it profitable to own a gas station?
Currently, gas stations and their corresponding convenience stores are some of the most
profitable
businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
Which type of land is required for petrol pump?
Companies prefer the place which is near residential locality, busy market areas or on the state/national highway because companies want to increase the sale. Normally, the area of
800 square meters to 1200 square meters
is sufficient to open a petrol pump.
Which business has more profit margin?
With a net profit margin of 19.8%, bookkeeping, accounting, tax preparation, and payroll services have long been some of the most profitable businesses for entrepreneurs.
What business can I start with R10 000 in South Africa?
- Packing & unpacking service. Moving house is one of life’s nastier tasks. …
- Adventure tours. South Africa is a prime tourist destination, and adventure-seekers are hungry for new thrills. …
- Cover letter/resumé service. …
- Mobile mechanic. …
- Mobile dog grooming. …
- Power washing.
What is a good business to start in South Africa?
- Virtual or personal assistant. Image: pixabay.com. …
- Hairdressing services. …
- Interior designer. …
- Electronics repair services. …
- Social media consultancy. …
- Tutoring services. …
- Grocery delivery services. …
- Gardening and lawn care.
How much is a KFC franchise in South Africa?
Prospective franchisees need to show that they have the required funds to fund up to 5 or more kfc stores. One store
costs in the region of R5. 5 million
.
