The Petron Bulilit Station or Micro Filling Stations (MFS).The Dealer Owned Service Stations (DOSS).The Company-Owned Service Stations (COSS).Their 1,230 gasoline stations cover the whole of the Philippines. Their refining capacity is 268,000 barrels per day, and they supply around 31% of the country’s oil needs. They are number one in oil refining and marketing. Petron is the leading petroleum company in the country right now. Decision-making requires information.Īdvertisement List of Top 10 Petroleum Companies Offering Gasoline Station Franchises 1. Get a software system that can give you the needed sales information as soon as possible. Good software makes the business efficient. It is there to support the gasoline business. Make your pricing comparable or lower than your competitors.ĭon’t forget the convenience store. Balance your need for profit and your demand for customers. Being friendly and courteous builds bridges with the customers. You want to build relationships with your customers. You can trust them with money, especially the cashier. You can trust them with the work given to them. The following will help you succeed in the running of the business. Know the questions you need to ask your franchisor.Franchise Market Philippines provides you with these essentials: Study Franchising 101Īrm yourself with the essentials of franchising. If you want to succeed in the gasoline station franchise business, there are two things needed. The wait discourages customers.Īdvertisement Succeeding in Gasoline Station Business A gasoline station should have good pumps.Īn inadequate number of pumps makes customers wait. Sometimes the competitor is just next door.ħ. A gasoline station business can have stiff competition.Ĭompetition is certain, particularly in urban areas. But those in franchising worry more because the franchisor collects different fees from the franchisee.Ħ. Independent station owners worry about this. A gasoline station business may not be that profitable. Gasoline stations are targets for hold-uppers.ĥ. Everyone should follow safety precautions.Īnother problem is robbery. A gasoline station business can be a dangerous business. Whether or not you sell below the minimum, you are to pay the minimum annual purchase requirement.Ĥ. In franchise format, the franchisor may require you to agree on a minimum annual purchase requirement. This contract gives them business security, but it could put them in a difficult situation. If you are an independent station owner, your supplier may want a long-term fuel contract with you. Many are even open 24/7.ģ. A gasoline station business may be bound to fuel contracts. Unless you are in rural areas, stations operate for extended hours. Gasoline stations operate for extended hours. As the prices go down, more motorists come to the station to buy fuel.Ģ. As the prices go high, fewer motorists come to the station to buy power. The oil price in the international market affects the domestic prices of fuel. The gasoline station business is subject to fuel price fluctuations. If you enter franchising, the franchisor will have your station insured from environmental problems.ġ. A gasoline station can receive insurance protection. The established and independent petroleum companies may help the new franchisee at the start.ĥ. A gasoline station franchise may get some financial help. Most of the jobs in the gas station do not require specialized skills unless you have a repair shop.Ĥ. A gasoline station does not require skilled labor. At times, some stations even provide a car wash service.ģ. You offer tune-up, change of engine or transmission oil, and other services. You sell snacks and beverages to the hungry and weary motorists.Īnother addition is the repair and maintenance shop. Gas stations today have convenience stores. Vehicles need gasoline or diesel to run.Ģ. A gasoline station has an in-demand product.Īs long as petroleum-fueled vehicles are still running, gasoline stations will still be in demand. Before deciding to start the business, get to know the pros and cons. Just like any business, the gasoline station business has its set of pros and cons. Pros and Cons of a Gasoline Station Business This blog will present to you the top gasoline franchises in the Philippines. These vehicles need gasoline or diesel to run. In their December 2020 report, the Land Transportation Office (LTO) had registered 11,851,192 vehicles. (CAMPI) and Truck Manufacturers Association (TMA). This figure comes from the joint report of the Chamber of Automotive Manufacturers of the Philippines, Inc. In the first half of 2021, the sales of vehicles jumped by 56.1 percent compared to the same period last year, 2020.
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