How much is the Petron franchise in the Philippines?
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.
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.
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.
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.
The first step is to apply for dealership and attach all required supporting documents. Tip: Please ensure that your documentations are complete before submitting as only complete documentations will be processed. Upon receipt, we will review your documents and assess your suitability.
How much is the investment? Your investment will vary depending on the average daily sales and gross profit of the store that you will be applying for. Total investment is less than half a million.
The investment fund required to franchise Jollibee ranges from 35 million pesos to 55 million pesos depending on the store size. The investment includes the construction of the store, kitchen equipment and facilities, furniture and fixtures, air conditioning system, signage and pre-operating expenses.
How much does it cost to franchise a BP? The total estimated investment to open a BP Connect franchise ranges from $2.27 million to $6.67 million, including estimated real estate costs, with an estimated liquid capital available of $700,000 to $1 million. The franchise fee is $30,000.
- Checklist of. Requirements for. Gasoline Station. ...
- Affidavit of ownership & non-encumbrance of machin- ...
- Consumer Welfare and Promotion Office. Ground Floor, Annex Building. ...
- Application Fee. Certificate of Completion of. ...
- DBP processing fee. Bio-data of Applicant/Major. ...
- Two (2) copies of lot plan cer- tified by a Geodetic Engineer.
How much does it cost to start 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.
Is gasoline station a good business?
Deciding to buy a gas station
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.
Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
How Much Profit Does 7-Eleven Actually Make? Is owning a 7-Eleven profitable? In terms of profit, 7-Eleven franchise owners can average $50,000 – $75,000 for their salary.
Do you require franchise fees for these non–oil businesses? We currently require a Php300,000 (VAT ex.) franchise fee for Café Amazon.
Initial investment ranges from 1,000,000 pesos to 3,000,000 pesos depending on what package you are interested in availing, how big the location is and how much the rental fees are. Ministop chooses the location of the site although the franchisee may suggest a location but it will undergo a feasibility study first.
iFUEL's celebrity ambassadors and co-owners Daniel Matsunaga, Wendell Ramos, Ken Chan together with iFRANCHISE President and CEO Krizzia Ann Loyang led the ribbon-cutting ceremony.
What Does a 7-Eleven Franchise Cost? To buy a franchise with 7-Eleven, you'll need to have at least $50,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $37,200 - $1,635,200.
- Checklist of. Requirements for. Gasoline Station. ...
- Affidavit of ownership & non-encumbrance of machin- ...
- Consumer Welfare and Promotion Office. Ground Floor, Annex Building. ...
- Application Fee. Certificate of Completion of. ...
- DBP processing fee. Bio-data of Applicant/Major. ...
- Two (2) copies of lot plan cer- tified by a Geodetic Engineer.
Initial investment ranges from 1,000,000 pesos to 3,000,000 pesos depending on what package you are interested in availing, how big the location is and how much the rental fees are. Ministop chooses the location of the site although the franchisee may suggest a location but it will undergo a feasibility study first.
The investment fund required to franchise Jollibee ranges from 35 million pesos to 55 million pesos depending on the store size. The investment includes the construction of the store, kitchen equipment and facilities, furniture and fixtures, air conditioning system, signage and pre-operating expenses.
How much is MCDO franchise?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
The franchise fee for Circle K is $25,000. The total investment to open and operate a Circle K franchise ranges from $171,000 to $1.9 million. A royalty fee of 4.5% of gross sales is paid to the company (franchisees who forgo funding from the company will pay a royalty fee of 3.7% of gross sales.
Initial Start-Up Funding
The average cost to license a Starbucks store is $315,000. You'll also need $700,000 in liquid assets to be considered.
