Fuel Business Plan
Why gas station…
Today… due to a never ending ups and downs of fuel prices, consumers become so intelligent and careful in purchasing their fuels and more based on lowest pump price in the market. Even we are cheaper option, our fuel quality is very good and clean - thanks to our suppliers who are very strict in their fuel quality check. Thus, the Cebu based small player fuel gas stations comes out into concept… it’s small but with a touch of class, with better business opportunity.
Low Investment, Faster ROI
Our start-up costs are kept at a minimal. Construction costs depend on the agreed design with our investors and can thus go at a significantly lower total cost. We give full assistance on all technical aspects of the business. Due to smaller start-up capital and bigger per liter discount, you will have a shorter ROI of your investment.
Through dealership agreements, BGF offers business opportunity… the right to operate a retail service station, and use of the company's retail operations and management system.
For more Information you can send email to: bestgasfuels@yahoo.com or call 032-5161738 Mr. Ely S. Alfante - CEO
Frequently Asked Questions
Who can qualify as a Bestgas station ?
Individuals who have the needed capital, have the capability and the willingness to learn the business, and have the right attitude to operate gas station facility.
What are your basis for selecting a site?
Currently, we require an area to be at least 100-300 square meters, The site must be located along the highway with a potential volume of at least 110 KL. Exceptions on lot area requirements may be made based on the potential volume of the site.
Who will get the site?
Our prospects usually recommend sites to us. However, interested business operator without potential sites may still apply but may be required to wait until we will find a suitable location that we both agree suitable to operate.
Who will provide the building plans and who will do the construction?
When paid, the paid fee entitles the operator to customized building plans and designs for his station but within the CNC specified design and color scheme. Only accredited contractors can build the station but the operator may make his recommendations.
Who will shoulder the construction costs?
The operator will shoulder the construction costs, see below the estimated construction cost as guide
How soon can I operate my Gas Station?
Once the site has been approved, the business operators agreement signed, and all required fees paid, it will take approximately 2-3 months for a station to be ready for operations, depending on the size of the station
How much will it cost to own a Gas Station?
The conservative amount for franchisee-owned stations is Php 2M to 2.7M including the operators fee, construction cost, equipment deposits and initial stock.
Who provides the gasoline service stations staff?
The franchisee will provide the needed manpower, but BGFC will provide the needed training for the franchisee and his/her initial hired employees.
Besides selling petroleum products, can we put up other businesses at the site?
If your property is big enough, you may operate other BGFC-accredited businesses on the premises. The added establishments may or may not be owned by the operator
What are the business concepts allowed?
There is no limit as to the type/kind of establishment that may be put up beside, but it must be approved and conform to BGFC standards
FINANCIAL REQUIREMENT
Brand & Management fee P75,000.00
Building & Site Development Investment (300SQM) P1,000,000.00
Pump ( 2 units @ P 150,000.00 each – 2 & 4 nozzle per pumps) P390,000.00
Tank (2 units @ P 150,000.00 each 8 KL caps each) P450,000.00
Initial Stocking Investment P760,000.00
Miscellaneous Expenses P50,000.00
Total Cash Requirements P 2,725,000.00
PROFIT MARGIN
Projected Gross Profit (100,000L X P2.50/L per month) P250,000.00
Projected Expenses:
Manpower (6 persons @ P265.00 per day) P55,650.00
Utilities P8,000.00
Rental P30,000.00
Taxes P 5,000.00
Miscellaneous Expenses P10,000.00
TOTAL EXPENSES P108,650.00
TOTAL PROFIT W/O TAX (PROJECTION) P141,350.00