A business plan is a compilation of financial and marketing information, services and goals. We at Petrorex would study the environment, which would entail the following: THE MICRO-ENVIRONMENT In this section we put a focus on the Micro-environment such as; Marketing feasibility comprises of a study of the demand and supply and the analyzing thereof to determine if the business is marketable, We will clearly define the location of the local trading area and its market segments as well as the relevant road network, vehicles movement characteristics and the potential growth. Petrorex will also provide information indicating the market share of each competitor in the local trading area.
Describe the products and services your gas station will provide, including different grades of gas and types of oil. If you want customers to come inside, explain what products you plan to sell, such as snacks, chips, beverages, souvenirs, groceries or automotive products.
To increase profits, you might also want to offer mechanical repairs or a car wash. Discuss the market for opening a gas station in the area, and provide details about your competitors, including their pricing strategy, target market, strengths and weaknesses.
Explain how there is a need for another gas station and how you will differentiate your station from the others, such as by offering convenience goods, automotive repairs or the lowest prices.
Your competitive advantage might focus on selling gas on a busy street where no other gas stations exist. Or you might want to explain the benefits of adding another station to the mix since so many cars travel through the area because of a busy highway, an airport or a business complex.
Develop a sales and marketing strategy that draws customers and keeps them coming back each time they need to fill their tank. Your strategy might include offering a rewards program and erecting signs to let drivers know your gas prices.
Mention advertising food and beverages at the pump if you plan to sell products inside the station. If your station is part of a franchise, provide details on the marketing and advertising the parent company provides.
If you lack personal experience managing a gas station, find and detail the background of a manager to bring on board who knows the industry. Prepare financial projections to determine the startup costs of leasing or buying a gas station and making the pumps operational.
Your financial documents also need to show the cost of required licenses, payroll, utilities and environmental services.
Calculate the revenues you anticipate from the sale of fuel, automotive products and concessions in your revenue projections. Tip Write the one- to three-page executive summary after you finish the rest of the business plan.A Sample Gas Station Business Plan Template Gas Station Business Overview A gas station which also called a petrol station, filling station, fueling station, or service station is a business facility which retails gasoline (petrol), diesel and lubricants for motor vehicles.
A business plan gives you a daily guide on how to run your gas station. It also comes in handy when you’re seeking financing to lease or buy a station and stock it with fuel and products. station. Fuel storage is expected to be contained in 12 storage tanks (6 tanks of 45 litres diesel fuel each, 2 tanks of 45 litres of ULP each, 2 tanks of 45 litres of leaded fuel each, and 2 tanks of 25 litres of paraffin each).
Thus the combined capacity of fuel storage is litres. A business plan gives you a daily guide on how to run your gas station. It also comes in handy when you’re seeking financing to lease or buy a station and stock it with fuel and products.
Once. Five Things Your Gas Station Business Plan Should Contain Before you start finding ways on how to buy a gas station, one of the many things you have to work on first is to establish a gas station business plan.
Free Gas Station Business Plan. GSB How to Calculate Fuel Profit Accurately;.
Gas Station Business Plan - Download as PDF File .pdf), Text File .txt) or read online. Scribd is the world's largest social reading and publishing site. Search Search. The gas station will be an incorporated business owned by the Osoyoos Indian Band owned and managed by Joe Venables.
financial reporting to head office. His duties include 3/5(2).