Get your own sample business plan for petrol station in Nigeria now!
Share 18 Shares Nigeria is one of the biggest oil producing nation in the world with a very huge crude oil deposits around the entire South South, South East, and South West region of the country, both tapped and untapped. Everything about oil is money, from exploration to exportation and marketing crude or refined productetc.
The profit is bountiful and guaranteed. Further to being oil producing nation, Nigeria is also one of the biggest consumer of oil products in Africa with about 40 million litres said to be consumed everyday.
The Factories, Businesses, Schools, Hospitals, in fact everything in Nigeria depends of power generated privately from petroleum products consuming sets. Even the major oil marketers like Mobile, Total, Oando, Texaco, and so on are always looking for individual would be marketers who have the needed finance and logistics that they can sponsor in this business.
Prices of Petroleum Products in Nigeria The current commodity prices for these petroleum refined products are high, and that guarantees more profits for marketers — As at now, the prices of petroleum products are: When the product is completely sold which usually takes less than six days to sell depending on where your Petrol Filling Station is and the demand at that timethe cash returns expected from one tanker of each of the petrol product sells will be: If there is any time you must invest in Petrol Marketing Business, it has to be now.
It can be located in the rural area as these areas are always neglected by the major marketers who prefer the urban areas. Having your Petrol Filling Station in the rural area is far less expensive to set up and to maintain and still guarantee sustainable profit.
Enjoy it and drop me a feedback below in the comment box after reading! Dependent Marketers and Independent Marketers. Each of them have both advantages and disadvantages. You can only be one at a time except you have enough investment capital to build more than one petrol station, use one for Franchise and the other for Independent Marketing.
Who is a Dependent Oil Marketer? You are an Dependent Marketer when you holds the Franchise of a Major oil Marketer to market under their name with your own facility fully branded by them. In my own opinion, it seems the advantages of being a Franchisee of a major marketer is more than the disadvantages Advantages 1.
You will be riding on the back of your chosen Major Marketer and inherit their customer base within where your business is located, and as they keep marketing their brand, you keep making business off the popularity.
You will be having your products delivered directly to your filling station and on time by your chosen Major Marketer as they already have the logistics. You will have no business with advertising, your Major Marketer overall brand advertising does that for you too.
You just seat back while they do the marketing for you. You will be enjoying some high level of logistic support from a well established brand and build your business off their credibility. You will miss out from the opportunity of building your own brand and pushing your name forward.
You will also miss out from gaining higher profit margin per litre of petroleum products you lift because the prices of products from The Major Marketers are higher. And the subsidy thing too will elude you.
You will be regulated by them, including the prices, and the products you sell. Who is Independent Oil Marketer?
You run your business under your own chosen name and build your own brand and marketing logistics. You lift products directly from NNPC Depots at lower prices and earn certain amount per every litre of petrol products you lift, and you can source your product anywhere you like.Find that out in this well detailed Filling Station Business guide!
Every one of the large number of cars and trucks on the Nigerian streets and highways keep running on PMS or AGO (oil or diesel) regular.
I will like to have a business plan on building a . Business Description of Petrol Station Business Plan in Nigeria.
Business: PETROL STATION Industry: OIL AND GAS (Petrol Station Business plan in Nigeria) PATILAD PETROL STATION is a fully registered and gas station that . How to set up fuel filling station. 1st May in Business. All the millions of cars and trucks on the Nigerian roads run on PMS or AGO (petrol or .
A Petrol Filling Station owner who run his business under his own name, buy products directly from NNPC and has a representative and assistant representative at the Petroleum Products Marketing Company (PPMC) depot by NNPC. Oct 11, · In this sample business plan, I am assuming the filling station will only dispense petrol and sell other packaged products such as engine oil, grease etc and will also generate revenue from rent charged to tenants (tyre service centers, mechanic workshops etc).
LIQUEFIED PETROLEUM GAS (LPG) /COOKING GAS FILLING STATION PLANT BUSINESS PLAN & FEASIBILITY IN NIGERIA. MAIN COMPETITORS The main competitors in the industrial gases market in the region .