I have been planning to start a Petrol station business but don't know how to go about it. People I have met, who are already into the business in my area, do not want to open up because of fear of competition. I have, thus, decided to forget about ever getting any kind of help from them and develop the idea alone. Life is all about risks they say.

Before I do that, however, I would like to ask Nairalanders who have any kind of information or Idea how to go about this business.
Pls assume I have got land, how much will the construction of sructures cost? What are the things that have to be put in place before the business can pick up and how much would they cost.
You can advise me based on your own location(mentioned) and the situation of things around you. I will respond to any questions. Thank you.

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AdoOloro: I have been planning to start a Petrol station business but don't know how to go about it. People I have met, who are already into the business in my area, do not want to open up because of fear of competition. I have, thus, decided to forget about ever getting any kind of help from them and develop the idea alone. Life is all about risks they say.

Before I do that, however, I would like to ask Nairalanders who have any kind of information or Idea how to go about this business.
Pls assume I have got land, how much will the construction of sructures cost? What are the things that have to be put in place before the business can pick up and how much would they cost.
You can advise me based on your own location(mentioned) and the situation of things around you. I will respond to any questions. Thank you.

I know nothing about petrol business but i have small business idea if well managed will be the next big thing.
My contacts is in my signature.