Filling station business plan in nigeria africa

How to manage a filling station in nigeria

With the current price regime of crude oil products in Nigeria after the recent removal of fuel subsidy by the Federal government, the amount which goes into the purchase of petrol alone in a day is roughly 5. Land acquisition is a vital part of the location study. Name of firm Please insert Legal status The registration of the planned business with Corporate Affairs Commission will be undertaken as soon as fund for the implementation of the project is available to give the business a legal status. Majority of the homes, offices, institutions, federal agencies, factories, hospitals, private setups, and definitely all the vehicle on Nigeria roads run on either petrol or diesel while some buildings and households make use of either kerosene or liquefied gas on a How to Run a Successful Gas Station Business Match the totals on the report to the cash receipts and drawer to ensure accuracy. Business Description for filling station business plan Filling Station is a service oriented business whose main focus is the sale or marketing of petroleum products and other petrochemical by-products for automobile, household and industrial uses. This fact is further substantiated by the millions of cars and trucks on the Nigerian roads that run on PMS or AGO petrol or diesel every day. Your plan will consist of your aim, your goals to achieve your aim, your vision and mission statement. The builder was Hartwells, The furniture company that turned their hands, very successfully, to boatbuilding, they had been building Eventide 24's and 26's for a few years.

Every aspect of oil exudes much money. News trending A filling station also known as petrol station or gas station is a place usually by the road side where fuel is sold for cars, motorbikes and for home use.

Petrol station business plan in nigeria

It markets under its own business name, facilities and premises for an already established major oil business. To open a new ten 10 distribution outlets every 36 months. It is often joked, that even the electricity distributing agencies use petroleum products in their offices to run their day-to-day operations! One can go as an autonomous filling station or a Reliant filling station. Quality processed product and good understanding of the market trend. Steps to start a filling station business in Nigeria Follow these steps to start a filling station business in Nigeria: 1. He is our business development strategist and a strategic partner. Outstanding customer service. A well-articulated business plan will guide an investor to be successful in the business. Who is a Dependent Oil Marketer? Verify your totals and enter all sales totals into your ledger. Related Information:.

Run comprehensive reports at the end of each day for the gasoline tanks, sales inventory and register receipts. The price of lifting from these major marketer is higher than the NNPC depot as they already add their profit to it thereby reducing your own profit margin.

Petrol filling station business plan

Competition Nigeria being a mono economic country, the petroleum sub-sector is highly competitive. However, those who want to operate a petrol station in Nigeria may follow the guidelines explained in the step below. There are two ways to ways go about setting up a petrol filling station in Nigeria. Keep in mind the overhead cost for the running of the filling station, the salaries of your employees, the cost of purchasing, transporting and storage insurance of the petroleum product while planning writing business plan and setting up the fuel station. After this, you proceed to get Approval to Construct. Your plan will consist of your aim, your goals to achieve your aim, your vision and mission statement. Sc in Business Administration and Management and he has well over 15 years of experience in the service industry. Majority of the homes, offices, institutions, federal agencies, factories, hospitals, private setups, and definitely all the vehicle on Nigeria roads run on either petrol or diesel while some buildings and households make use of either kerosene or liquefied gas on a How to Run a Successful Gas Station Business Match the totals on the report to the cash receipts and drawer to ensure accuracy.

Building your Petrol Filling Station 1. Usually, petrol storage tank is bigger because it sells faster and you will to stock large amount of it. Asides this, the aviation fuel which aeroplanes, helicopters and jets rely on to propel themselves into flying is equally derived from crude oil.

petrol station for sale in nigeria

Make sure quality materials are used in the construction. Placement of Tanks and more Upon the completion of this, a land of not less than two plots are to be acquired by the marketer and it is upon the land that the underground storage tank would be sunk.

Land use rights for purposes of a filling station; An environmental authorisation; and; Site and retail licenses.

gas station business plan pdf

Please Read on - Petrol station is an outlet or. Fair and best possible prices and discount offers. He performs other basic supervisory duties. As a way to increase security, I will advise you to move your cash in bits and you ensure you do not leave plenty of cash within your petrol station.

gas station business plan doc

Step 7 Open an account with any of the commercial banks in the city.

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How to start a petrol filling station business in Nigeria