How to Start a Petrol Pump Business | Business | Sarthak Ahuja
#ad Most petrol pump owners make over Rs 1 crore per year... and this is how one can start a fuel pump business in India... 👉🏼 Most people applying for petrol pumps seem to have the land on top of which, an investment of Rs 1-1.25 Crore is made in building the canopy, underground tanks and some utilities, including cost of RO construction. And one needs to have at least Rs. 50-75 Lakhs as working capital to purchase fuel for trading - mostly covering 5 days sales 👉🏼 How you make money on sale is that you typically earn a commission of about Rs 3.5-4 per litre of petrol and about Rs 2.4-3 per litre of diesel sold 👉🏼 Urban Pumps may do Rs 5-6 crores in monthly revenue p.m... 2.5% gross margin on this would be Rs 12-15 lakhs p.m. 👉🏼 Remove Rs 5 – 6 lakhs of fixed cost per month in salaries, admin staff and utilities, one may save about Rs 9 lakhs in monthly profit - which is Rs 1 crore in annual profit 👉🏼 Sales potential at rural pumps is low yet they make a decent profit of Rs. 2 – 3 lakhs per month, as their investment in pump business is low 👉🏼 If you have minimum 800 sq. m. land in cities or minimum 1225 sq.m. on highways, and an investment of approx ₹1.5–2 crore depending on the location, this is how you start... Go to the website of Nayara Energy which is the largest private fuel retailer of India and has a network of over 6500 plus petrol pumps across the country... largely on a Dealer Owned Dealer Operated model... Visit this link (https://www.nayaraenergy.com/retail/p...) where you can submit an enquiry directly on Nayara Energy’s official website, or simply connect through their toll-free number. Once you do, Nayara Energy’s Team will reach out and guide you through the entire dealership process step-by-step. Where once you apply, the Sales managers visit in person to evaluate the quality of the location to do a feasibility of whether it has good access from the road, and a traffic analysis to derive volume potential. Once the land is approved, you proceed with the necessary clearances and commence RO construction and operations. ---------------------------------------------------------------------------------- Like, Share, Subscribe for more! Follow me on my other social media handles for all updates, events and live sessions- Instagram:casarthakahuja LinkedIn: sarthak-ahuja Website: http://www.casarthakahuja.com/ ---------------------------------------------------------------------------------- A Chartered Accountant with about 10 years of experience in areas of Tax Advisory, Startup Consulting, Fundraising, Audits, Deal Advisory, Business Modelling and contract CFO services. Winner of the ISB Young Leader Award 2017 and the Best All Rounder, PGP Class of '17, Sarthak has also been published about in the leading financial newspapers such as The Financial Express as possibly the youngest Indian to have completed the courses of CA, CS and CMA along with a graduate degree in Financial & Investment Analysis from University of Delhi, all by the age of 23 years
