How Much Is a Petron Gas Station Franchise?

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Gas Station Franchise Costs

  • Cost Breakdown:
    • A gas station franchise costs between $250,000 to $2 million.
    • Additional costs include ongoing royalty and advertising fees which are percentages of gross sales.
  • Franchise Criteria:
    • Petron is the Philippines’ largest retail network with over 1,900 stations nationwide.
    • Franchise selection criteria require meeting capitalization levels and dedication to running the station effectively.

Opportunities and Revenue

  • Market Insights:
    • In the US, gas stations bring in over $400 billion cumulative revenue annually.
    • Opportunities exist to sell food, fuel, and offer repairs or car washes.
    • Buying a franchise means turnkey setup and branding.

Global Gas Station Franchise Overview

  • International Presence:
    • In South Africa, setup costs range from R15 to R100 million.
    • Profit margins per liter are around R1.2 for petrol and R1.8 for diesel.
    • Russia’s most purchased gas station franchise is Rosneft.
    • The Philippines’ Petron has 2,400 stations, even in rural areas, serving households and industries.

Ownership Costs and Comparison

  • Ownership Features:
    • Existing US gas station franchises range from a $20,000 leased location to over $1 million for land purchase and construction.
  • Franchise Pricing:
    • Petron’s franchise costs range from P1 to P9 million, depending on the station type.

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