BUSINESS PLAN FOR PETROL STATION PDF
Gas Station Business Plan - Download as PDF File .pdf), Text File .txt) or read online. The enclosed financial proposal shows this to be a profitable business venture. .. Overview: Quick Mart, a full service convenience store with Fuel Island, will. Are you about starting a gas station? If YES, here is a complete sample gas station business plan template (petrol filling station) and FREE feasibility study.
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A filling station is a facility from which fuel, lubricants and other products for of the business. PLANNING AND LOCATION OF PETROL FILLING STATIONS. Apex Petroleum Corporation. Service Station Business Plan. Your Neighborhood . Gas Station. Please type or print. Name. Service station number. The Petrol Group operates in an international as well as domestic competitive business environment. As far as the international business environment goes, the .
Crude oil prices behave much as any other commodity with wide price swings in times of shortage or oversupply. At the present time. Business and Industry Market Analysis a. This money pays for refinery capital costs. If competing gasoline stations are about equal in service. Size of the Industry There are almost Some factors that affect gas stations are: As mentioned previously.
As a result. The majority of motorists see little or no difference between brands of gasoline. With such small markups.
Independent and corporate gas stations have met with these demands and the result is increased competition. And the primary way to increase volumes is to reduce retail margins. In British Columbia there are 1.
This means competition is based almost exclusively on price and the best way to attract customer is to sell for less. Retail costs are the price that is retained by the retailer. An average urban stations sells from three to six million litres of gasoline per year.
An independent like Cedar Hill Gas Station can still be a profitable in a smaller. Petroleum Industry Trends As with much of the retail sector. The competition is most intense in cities and larger towns.
How to Start a Gas Station Business | Free Book PDF Download
The are: The advantage this business is the restaurant and truck stop facilities shower etc. This was done to include the peak tourist season summer months. The major disadvantage is the location. Direct and Indirect Competition: Direct Competition There are currently 2 gas stations in the Osoyoos area.
These numbers. Industry Outlook Although competition has increased over the past few years. The advantage this business is a well-stocked convenience store. This count is included in the appendices to this document. A traffic count was completed for this project and covered a 6-month period.
Easy access. The disadvantage is the poor location and dated buildings and pumps. This leaves opportunity for independents in smaller rural settings. To be successful. The most intense competition is in larger urban centres large supermarkets with gas bars take the lead. ATM machine. Husky Car Truck Stop Phone: The location is close to a junction that leads west to Penticton and Kelowna.
Indirect Competition The yellow pages list other gas stations in the general vicinity. Distance is a distinct disadvantage to these businesses. The location is centrally located the junction of the 3 Highway and the 97 Highway. The lot size also allows for future expansion.
Operational Plan a. Hedley and Manning Park are listed. The dimensions of the lot are ft.. Washington Km.
firstbusiness.ca BUSINESS PLANS
Washington Spokane. Washington Wenatchee. Alberta Calgary.
BC Blaine. Alberta Km.
BC Banff. Washington Portland. Osoyoos is centrally located. Washington Everett. Alberta To Osoyoos. Washington Coulee Dam. Alberta Edmonton. Alberta Lake Louise. Below are distances to various Alberta and US destinations. Oregon Seattle.
A Sample Gas Station Business Plan Template
Alberta Jasper. Production Process: Daily operations of the station include: Measurement checked to daily usage as per cash machine. Page 16 Cedar Hill Gas Station. Osoyoos First Nation Business Plan. Osoyoos Indian Band reserves.
Gas Station Business Plan
Fuel consumption is computerised. Trimac Petroleum monitors and will advise the station that it is time to order. As fuel is consumed. Chamber of Commerce. Action Plan: The following action plan will occur to start the business: Accountant A bookkeeper will be hired for the business.
A copy of the feasibility report is attached in the appendices to this document. The next step is to complete the environmental assessment report. A Project Environment Outline was submitted. Environmental audit: An environmental audit is required for this business and is being done as per INAC requirements. The position will be part-time. The position will be filled in February A screening "screening decision 00" has been given. An accountant will be hired quarterly.
BC Kamloops. BC Vancouver. BC Richmond. BC Soft drinks Net 30 Chocolate bars. Net 30 chip dips g. Net 30 candies Soft drinks.
The band is in the second phase of the audit. The business will hire three employees. Venables was responsible for staffing. Management and Personnel: This bookkeeper will report weekly to the Band for the first three months.
Organizational Plan: Management and Staffing a. He has extensive experience in the business. The band will ultimately be responsible for all operations. Prices in all of BC with the exception of Vancouver did not respond to the recent sharp drop in wholesale rack prices.
The taxes collected include: This situation is not common. This is not the case in rural settings. The price of gasoline reflects the cost of: The components of the pump price of gasoline. Another focus of the business will be convenience store sales. The major breakthrough came for the gas industry when there was an increase in automobile ownership because Henry Ford starting making automobiles that the middle class can afford.
This goes a long way in helping the business owner knows if he or she will still be going into the business or not, it all depends on the outcome of the study. This study is always carried out before spending a dime in starting the business, the study helps in avoiding certain mistakes, risks, and bottlenecks and at the same time, increase your chance of being successful.
In preparing, you have to be very careful of what is being written there, this is because the business plan is the only document that can prove to bankers and investors that you have done your work well. The business plan for your gas station should be about everything that relates to your business which includes an executive summary, financial cost, sales and marketing strategy, business structure, mission and vision statement, possible problems to be encountered and how to solve them, and so on.
You can work with a business consultant that deals with the oil and gas sector in writing your business plan and also in conducting a feasibility study. Some good locations that you can look into are industrial areas, commercial areas, along with major highways, areas with high level of vehicular traffic, residential areas and so on. You might decide to finance the project yourself, raise money from private investors or get a loan from banks.
The capital you need all depends on the type of gas station you want to build; you can either start small and continue building the business gradually or start big at once. You just have to know that starting big will require more fund and you should be ready to provide the money. Plan in advance how to measure results so you can know exactly how well you are doing.
This is what is meant by "measurable" goals.
Re-work your plan of action to allow for obstacles which may stand in your way. Try to foresee obstacles and plan ways to avert or minimize them. Checklist for Starting a Business: Essential Ingredients for Success If you are thinking about going into business, it is imperative that you watch this video first! This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas.
Ignore it at your own peril! This convenience store is looking for funds that will allow this already successful business to offer laundry services, discount groceries and an upgraded store front. Industry: The gas station industry is fragmented industries with no real dominate company. The industry has revenue of over billion of annually. In recent years, almost , gasoline service stations operated in the United States.
These establishments took very different forms than they had before, with self-service islands and ancillary retail outlets—convenience stores, known as C-stores—creating major changes in the distribution of market share. Our company has been a minority own business for 40 years and has the backing of the local community.
Our goal is to increase the product we offer in hopes of additional revenue from our already existing client and customer base. To offer our customers superior products, at an affordable price.
To provide customer service that is second to none.While in self — service gas stations the customer performs all required service. The town of Osoyoos doubles in size in the summer months, and the traffic through the town is substantial.
Establish priorities. The business will hire the following: The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure.
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