How much does it cost to start a gas station in the Philippines?
Starting Small for the Big Time Philippines Guide Gas Station Investing in a gasoline station business would require a capital of from P3 to P5 million. That is if you apply as dealer of the Big 3 oil companies: Shell, Caltex, or Petron.
How much is a gasoline station in Philippines?
Company-Owned, Dealer-Operated (CODO) – starting at Php 3.5 million. Dealer-Owned, Dealer-Operated (DODO) – starting at Php 5 million.
What is the best gas station franchise in Philippines?
Top 5 Gas Station Franchises in the Philippines
- Shell Gas Station. A key player in the gas monopoly and other energy-supplying products.
- Petron “Bulilit” Gas Station.
- Phoenix Petroleum Gas Station.
- Seaoil Gas Station.
- Eastern Petroleum Gas Station.
- 87 responses to “Top 5 Gas Station Franchises in the Philippines”
How much is the franchise of Caltex in the Philippines?
Here are more Caltex Franchise Numbers and Details: P5 Million to P7 Million. Operating Capital required: Approx. P2 Million to P3 Million. Lot Size/Layout requirements: This must meet a minimum design layout of 1,200 sqm.
Is gasoline station a good investment?
Gas stations prove to be a popular investment because of its lucrative nature as it provides the owners with a stable yet easy business to operate.
How much does it cost to invest in a gas station?
As we mentioned before, starting a gas station has a high financial entry barrier. You should expect to secure at least $300,000 to cover the following startup costs: Purchasing the location.
How much is a Petron franchise?
To start your Petron franchise, you need to have your own lot to build your gas station on, as well as a total investment cost of P1 million to P2. 5 million, exclusive of a cash bond of P100,000. Once you’re done, expect your fortune to trickle like black gold.
How much is Petron franchise in Philippines?
How do I open Petron?
The first step is to fill out our Dealer Application Form. Next is to write a letter of intent and submit it together with other documents. When all your documents are complete, submit your application to our offices.
Who owns Caltex Philippines?
Chevron
Originating in 1879, Chevron — Caltex’s parent company, is presently one of the world’s largest energy companies.
How do I franchise a Petron gas station?
How can I franchise Petron in the Philippines?
How do I get a Petron gas station?
Screening: If you own or lease a lot that you think is fit for a Petron service station, you already have one requirement off the list. The first step is to fill out our Dealer Application Form. Next is to write a letter of intent and submit it together with other documents.
How many Petron stations are there in the Philippines?
2,400 service stations
How many service stations does Petron have? Petron has over 2,400 service stations nationwide.
What is Petron gas station franchise?
Petron Gas Station Franchise Petron Corporation is the biggest oil refinery company in the Philippines, supplying around 40% of the country’s total oil requirements. Prospective franchisees may choose from three franchise dealership options:
Is a Petron LPG franchise in the Philippines a profitable business?
Franchising an LPG business, particularly Petron, which is one of the longest running fuel business in the Philippines, can be a profitable venture for you and the return of investment will be worth the capital you spend. Find out how much you need and see for yourself if this sort of business is suitable for you!
How much does it cost to buy a Petron service station?
Company-Owned Service Stations (COSS) – stations built, equipped, and maintained by Petron on either company-owned or leased lots with complete station facilities. The COSS franchise fee investment is around P4 Million to P9 Million depending on the size and variety of services offered.
Which is the best gas station franchise in the Philippines?
Top Gas Station Franchises in the Philippines 1. Petron Gas Station Franchise 2. Pilipinas Shell Franchise 3. Caltex Gas Station Franchise 4. Phoenix Petroleum Franchise 5. Total Gas Station Franchise 6. Seaoil Gas Station Franchise 7. Eastern Petroleum Franchise