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To acquire a new petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without any hassle in the longer run. The applicant has to obtain all statutory approvals and licenses from the government to set up the retail outlet. Also, companies charge an application fee if you wish to become a franchisee. The investment required for the fuel station varies from location to location. It will cost less in rural areas as compared to urban areas. The petrol pump dealership cost excluding the land will be minimum of 50-70 lakh rupees will be required to set up the petrol pump. The investment would be for two machines(petrol and diesel), canopy, a sales room, underground tank, fencing and electricals facilities. The applicant should also consider the amount to be invested for ATM machines and other complementary facilities as they are crucial elements that drive sales.<br>
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Company Profile • EssarOil was part of the Essar Group based in Mumbai • AnIndia-based company engaged in the exploration and production of oil, refining of crude oil, and marketing of petroleum products. • Nayara Energy (formerly known as Essar Oil) is an integrated downstream oil company of international scale encompassing the entire hydrocarbon value chain from refining to production and marketing, across segments, including retail.
What is the new petrol bunk investment? • To acquire anew petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without any hassle in the longer run. • The applicant has to obtain all statutory approvals and licenses from the government to set up the retail outlet. Also, companies charge an application fee if you wish to become a franchisee. • The investment required for thefuel stationvaries from location to location.
What is the new petrol bunk investment? • It will cost less in rural areas as compared to urban areas. Thepetrol pump dealership cost excluding the land will be minimum of 50-70 lakh rupees will be required to set up the petrol pump. • The investment would be for two machines(petrol and diesel), canopy, a sales room, underground tank, fencing and electricals facilities. • The applicant should also consider the amount to be invested for ATM machines and other complementary facilities as they are crucial elements that drive sales.
Reference • https://www.quora.com/unanswered/What-is-the-new-petrol-bunk-investment • https://www.nayaraenergy.com/about-us • https://www.nayaraenergy.com