Gas station business. Most affordable..

[dishcom]

May kamahalan pala.. 10M..

[jut703]

Thank you so much for the clear explanation sir. I just remember long time ago the guy who owns a generic petrol station near my place in tarlac, he told me that the rent for the lorry who deliver his supply is so expensive untill he bought his own tanker.

Lorry is about 1-2M, depending on the size. That's fr a surplus truck. If you go brand new, 2-3M for a tractor head, another 1M for the trailer.

Then there's the maintenance cost. Plus driver. Never mind the salary, there's always the risk that your driver will engage in shady business and make "paihi" your delivery - you'll be losing hundreds, if not thousands of liters per delivery.

May kamahalan pala.. 10M..

Back in the day, Petron will build you a bulilit station where your investment is just about 3M for the civil works, but they'll provide the pump and tank. Downside is that you'll have small margins, and you have no leverage vs the company because they own everything.

Now, most companies prefer that you cover all the capex. Although some smaller companies (Total, Seaoil) will still cover the capex for the pumps/tanks, or at least let you loan it from them.

But at the end of the day, your total capex will still be significant, and unless you generate good volume, you won't get your ROI within 5 years. Very few new stations get good volume, the market is just very saturated right now.


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[Gumusut_Amige]

Daming on-going construction ginagawa sa stretch ng TPLEX, yung iba sobrang haba.
Pero sa tingin ko hindi lang pang gas station ito, but wondering how high is the put up capex?

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[d'flash]

Sir Jut, question lang po. may pinagkaiba ba ang binebenta na gasolina ng isang generic gas station vs branded gas station?

[jut703]

Daming on-going construction ginagawa sa stretch ng TPLEX, yung iba sobrang haba.
Pero sa tingin ko hindi lang pang gas station ito, but wondering how high is the put up capex?

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On SCTEX, PTT and Seaoil na magkatapat but opposite directions ang tinatayo. On TPLEX, dalawang Petron na magkatapat but opposite sides.

Sir Jut, question lang po. may pinagkaiba ba ang binebenta na gasolina ng isang generic gas station vs branded gas station?

Yup, walang additives yung sa generic. But it's mostly the same base fuel.

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[remzam]

Daming on-going construction ginagawa sa stretch ng TPLEX, yung iba sobrang haba.
Pero sa tingin ko hindi lang pang gas station ito, but wondering how high is the put up capex?

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Di lang naman gas station yun. Like the gas stations along SLEX and NLEX may mga restaurants and convenience stores.

Last time na nag Baguio ako ang haba na ng TPLEX nakakainip kasi wala ka man lang matigilan or jingle break. Napansin ko rin yung mga construction na yun which is good for travellers.

[niky]

Lorry is about 1-2M, depending on the size. That's fr a surplus truck. If you go brand new, 2-3M for a tractor head, another 1M for the trailer.

Then there's the maintenance cost. Plus driver. Never mind the salary, there's always the risk that your driver will engage in shady business and make "paihi" your delivery - you'll be losing hundreds, if not thousands of liters per delivery.



Back in the day, Petron will build you a bulilit station where your investment is just about 3M for the civil works, but they'll provide the pump and tank. Downside is that you'll have small margins, and you have no leverage vs the company because they own everything.

Now, most companies prefer that you cover all the capex. Although some smaller companies (Total, Seaoil) will still cover the capex for the pumps/tanks, or at least let you loan it from them.

But at the end of the day, your total capex will still be significant, and unless you generate good volume, you won't get your ROI within 5 years. Very few new stations get good volume, the market is just very saturated right now.


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I recall SeaOil had that 2m offer, as well.

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Small stations are a financial dead end. Unless you have a completely captured market, you'll go bust in just a few years. So many small stations here in the province exchange hands every two or three years. Just not enough volume to stay solvent.

[jut703]

General rule of thumb, if you're building a branded station in the province, you should have a secure volume 80-100 thousand liters per month. Otherwise it won't be a very profitable venture.

If you're going independent/generic, you should get at least 40 KL per month. Much lower volume required to stay afloat because generics have much higher unit margins and lower fixed costs.


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[niky]

General rule of thumb, if you're building a branded station in the province, you should have a secure volume 80-100 thousand liters per month. Otherwise it won't be a very profitable venture.

If you're going independent/generic, you should get at least 40 KL per month. Much lower volume required to stay afloat because generics have much higher unit margins and lower fixed costs.


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So approximately 100-200 customers a day. More if they're PUVs, as those guys only put in a little at a time.

Doable, but only on a major thoroughfare in the province.

[dcph172]

General rule of thumb, if you're building a branded station in the province, you should have a secure volume 80-100 thousand liters per month. Otherwise it won't be a very profitable venture.


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In this scenario, how much net income are we talking abt here? 100k /month? 200k?


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