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What are the advantages of investing in a petrol station? Investing in a petrol station has many advantages since those who manage service stations and understand the dynamics of the market of petrol station investment in which they work know that filling stations are properties that can be negotiated like any other property. Advantages of Petrol Station…
Ways to beat a competing petrol station.
Advice for a petrol station business. Whether you’ve opened up a new fuel station close to an existing one, or had one open up close to you, you may be intimidated by the new air of competition. Well don’t be. We’re here to advise you on how your filling station can beat those in your area by simply implementing the following four processes. Let’s take a closer look at what they are.
Engen celebrates 10th consecutive year as SA’s favourite petrol station Engen was named Favourite Petrol Station in the 2020 Sunday Times Top Brands awards supplement South Africans have voted Engen as their favourite petrol station for the 10th consecutive year in the 2020 Sunday Times Top Brands, validating Engen’s customer-centric strategy, marketing focus and commitment…
Want to open your own petrol station? This is how much you’ll need to have in the bank South Africa burns a lot of petrol – and selling it is an often lucrative business. But be warned, it is not for everyone, there’s plenty of red tapes, and it isn’t cheap. Highlights The cheapest stations…
Want to open a petrol station South Africa is one of the leading consumers of petrol and diesel and you can be the one selling it. But buying a petrol station or petrol stations is not an easy task. If you are not familiar with the petroleum retail industry it is better that you open…
Are you looking to sell a petrol station in South Africa? We understand all the difficulties that can arise while you are looking to sell your property. As a current owner of the station, it becomes crucial that you are able to find the right buyer for your business. You will need to have in-depth…
Further petrol price relief; lowest since September 2016 The Department of Energy announced that the petrol price (95 ULP) will decline by a further R1.74/l, with effect from Wednesday, 6 May 2020. The latest announcement means that the price of 95 Octane (LRP, Gauteng) will now cost R12.22 per litre, which is the lowest oil…
Invest in a Petrol Station Whenever you are in any business, profit margins are the top priority for anyone. Though owning a petrol station does come with several other benefits as well. There are several factors that you should keep an eye out before you start to look for petrol stations for sale in your…
Want to Own a Petrol Pump? There are many who are looking to buy their own filling or petrol station due to the several perks that it comes with. However, this very concept is surrounded by some biased misconceptions that run rampant on the minds of existing as well as potential petrol station sellers. Such…
Business Investment The fuel retail industry is one of the most resilient industries in the country that has found itself capable of delivering some healthy margins of profit even in times of slow economic growth. James Noble from Absa Business Banking noted the industry to be “recession-proof”. This makes business opportunities in the field to…
