Mecoy:
Send me a message. I will schedule a meeting with the Executive Director of one of these popular filling stations, he will let you know what it takes to be a dependent marketer under them. (Franchise)

Na waoh must u meet in private?

U must consider having a station at a good site, that site alone will tell you how u can sell, u must v a standby supply.. Or u v your own truck to start. Diesel and gas are more profitable that petrol but start with all. If it's a busy area u will sell 66k litres of petrol monthly. And 99k of diesel monthly. U make sure u work 6:30am to 9pm with good securities. Get pos machine to reduce cash at hand.. Am also working on a filling station in osun. Get a good connection at depot. Check the diesel or fuels cos driver or dealers do mix it poop. Trust me u v to even go with the tanker.. Settle your boys so they won't divert it.

Go find a consultant if you don't want to waste money. Remember every idiot can drive a car with their mouth

First advantage, Abakaliki is the capital of Ebonyi where political powers, socialites, developers and town planners, local and multinational bussinesses and investments, jobbers, conducive settlements, SMEs, traders, hustlers, various motorists, transporters etc... are mainly based.

Experience experts in Abakaliki you need to execute your projects are; Architect who will map out the plan, minimum of two plots that will contain a building (storey if needed) mini mart with LUBE-BAY attachment, 6pumps least, generator house, car wash space, toilet and bathroom mini building. Land & building surveyor who will run cost according to your achitectural design. Building engineer/contractor (who is a petrol station expert builder) who will execute the contract. Auditor who is a financial & location expert will handle the financial flow (income & outcome) of the company. Surveyor (costing expert) will give you the cost to start it all, then location to sell atleast 4 tanks (33,000 litres each) per month, meet auditor.

very good question but pls find time and visit expect and consultant in that Field.

adonainana:


There is no other business you can make crazy money from except hotel and petrol station,

Some hotels make crazy millions a month and some busy petrol stations make millions in net profit a month

Insane money, every other thing in the Nigerian Economy is a waste of time

A complete waste of time

Bros, that is because your understanding of opportunities out there is limited....

But to each his own.

I am of the firm believe that an average business person should be able to identify niches to tap into and there are lots of it out there. I see them everyday, everywhere I go.

You talk about crazy millions, I am sure you not even aware how much some Nigerian kids in their 20s rake in from e-commerce every month.

felong:
Please I Need Detailed Advice In Starting A Filling Station

Good evening nairalanders. please I would appreciate it if I'm given a detailed breakdown of what it would cost to open an run a filling station.
also someone a friend advised that franchising would be good I would be operating with a branded name. so which independent oil marker in Nigeria is the best for franchise.

My location is Abakaliki Ebony state. I will also like to know how many tankers I call sell on an average per month in a place like Abakaliki.
thanks.

First of all you need a busy place, then get DPR to approve it, likewise fire service and order government agencies, the office building and canopy is another area you will spend depending on the size, get a good industrial welder for the underground tanks, I think 3 for PMS, 1 for AGO and 1 for DPK will do, most at times its hard to buy directly from private depots because markets buys in bulk from them and resell, the official price of PMS is 133.28 but u won't get it at that price (134 or 134.5) that's what u will get. AGO and DPK doesn't have fixed price, Since this is ur first buy 1 tanker for now that is if u have the money if u don't u can always hire from any of the depot. U can ask me any question as the work is going on (DPR office is in Enugu if u need contact I can be of help) I can also supply product to u, u pay at ur station when u see the product

Good to seek opinions and advise before making a decision like that.
For starters I'll advise you don't go into filing station instead venture into LPG plants for the following reasons:
- Petrol Retail outlets are everywhere and the mkt is saturated.
- The profit margin is slim. Except you're going to depend on illegal fuel hurding and diversion.
- competition and taxes from cabals of NUPENG, IPMAN, VIO, military, FRSC, and the list goes on.
- LPG is very cheap as companies (IOCs) sell it at giveaway to reduce flaring and it's related charges and also Nigeria doesn't maximise gas turbines to generate electricity, except oil companies to supply themselves and host communities.
- most households now use gas to cook and kerosene stoves have been almost completely phased out, except rural areas.
- cost wise the most expensive asset for an LPG plant is the pressurised tank, which will cost btw ₦10-₦20m depending on capacity, while on the other hand to build a station that will meet d standard of major marketers of the likes of MRS, FORTE OIL, TOTAL or OANDO, you're looking at spending about ₦30-₦40m.
- Scarcity, most of the scarcity of petroleum products in Nigeria is artificially created because it's still imported, if you're not able to break into the cabal, your station will be a graveyard, while LPG so far has only ever been scarce once or 2ce.

Nonetheless, if you are still bent on doing it, location will matter and will determine if major marketers are willing to key into ur franchise.
- The underground storage tanks
- Pumps
- the canopy
- documentation and permits from necessary govt bodies I.e. Fire service, dpr, ministry of lands, FIRS etc same will apply to LPG plants though.
In summary you have the final say in how you intend to invest your money, but in my professional opinion,
DO NOT GO INTO PETROL RETAIL OUTLET!!!!

felong:
Please I Need Detailed Advice In Starting A Filling Station

Good evening nairalanders. please I would appreciate it if I'm given a detailed breakdown of what it would cost to open an run a filling station.
also someone a friend advised that franchising would be good I would be operating with a branded name. so which independent oil marker in Nigeria is the best for franchise.

My location is Abakaliki Ebony state. I will also like to know how many tankers I call sell on an average per month in a place like Abakaliki.
thanks.

Mecoy:
Send me a message. I will schedule a meeting with the Executive Director of one of these popular filling stations, he will let you know what it takes to be a dependent marketer under them. (Franchise)

Hmmm, meetin of life.


OP be careful o of some meetings that can cost you everything.

Not worth it

1kworks:


I have no idea about what you're doing but I will follow my new Year resolution which means that since you have money, I'll be following you and hopefully, some money sense will escape you and come my way. So. You have got a new follower

Mad oooh

DNSPro:


Bros, that is because your understanding of opportunities out there is limited....

But to each his own.

I am of the firm believe that an average business person should be able to identify niches to tap into and there are lots of it out there. I see them everyday, everywhere I go.

You talk about crazy millions, I am sure you not even aware how much some Nigerian kids in their 20s rake in from e-commerce every month.

Software developers, website owners, G boys, programmers are inclusive of this category. They cant come close to the money within the two industries i mentioned above.

Even Eko hotel alone, you have to drop 50 million naira before any show starts minus the the bigger clubbing and endorsement sectors.

adonainana:


Software developers, website owners, G boys, programmers are inclusive of this category. They cant come close to the money within the two industries i mentioned above.

Even Eko hotel alone, you have to drop 50 million naira before any show starts minus the the bigger clubbing and endorsement sectors.

I am just informing you what has always worked 30 years ago, 20 years ago and till today

The amount of setting up a filling station all depends on the location and the price of goods and manpower to get things done.
I was a station manager for over 5years under a dealer(franchise) in O.V.H. Energy (Oando).And I can tell you it really pays alot if you are in a very busy area(I.e you normally have a lot of daily sales).And the profit depends on two major aspect-1,The Station manager.2-The site of the Station.If you have a good station manager and your station is sited in a good location you will be smiling to the bank on a daily bases cos of the high patronage of your customers.The first step of setting up a filling station is DPR registration.

felong:
Please I Need Detailed Advice In Starting A Filling Station

Good evening nairalanders. please I would appreciate it if I'm given a detailed breakdown of what it would cost to open an run a filling station.
also someone a friend advised that franchising would be good I would be operating with a branded name. so which independent oil marker in Nigeria is the best for franchise.

My location is Abakaliki Ebony state. I will also like to know how many tankers I call sell on an average per month in a place like Abakaliki.
thanks.

@ op you can be a dealer of a filling station in any well known oil company it will help you to gather idea of filling station business

Ikpongiton:
selfish man with selfish interest.keep hoarding information,but do not forget that,you can die anytime and go to hell with that your useless idea

lol


There are business consultants, we need to learn to be consulting them, that's how they can grow and how we can grow Nigeria.

What's hard for a man who wants to invest around 20million naira to spend like 100,000 - 200,000 to hire a consultant to give him a reliable business advice

Keemsleek005:



Really fuel is sold at the refinery pls which refinery? You people should stop giving advise on what you know nothing about. Refineries don't sell fuel pls, it either you load from a private deport or nnpc deport thou they sell cheaper than private depot. The only advantage using franchise is cos the name sell just like people doing franchise under Mr Biggs and you will always load on time and might not lack product, franchise like, MRS, Mobil, con oil,fronte oil, oando. Because they all in the upstream sector and product will always be available , the problem with nnpc is there slow loading and mode of operation. And since he's at ebonyi state he will enjoy PEF if he know his way around. He will make money during scarcity and they calibrating of pumps.

Its generally called refinery in Warri (ppmc) have a knowledge about something before starting an arguement

adonainana:


So the honey will improve the lives of 180 million nigerians, the money they lick the honey, the more thier problems will finish.

Issokay, i dont thin k you understand how capitalism works yet

But isssokay okay

Lol, you obviously don't know the use of honey.

Honey is used in hospitals for dressing injuries, it's used in cosmetics for curing beautifying and curing the skin.

The people who drink honey for it's sweetness are just a small percentage of honey consumers.

I know how much honey can impact lives and that's why I'm motivated to seek an income with it.

If you someone else knows how hotels and filling stations can impact lives then they should go ahead with it. It's a big and free world, we can only play our small part.

SavageResponse:


Olodo!

So he should just go ahead and paint his place with NNPC logo and colour without seeking approval first

Do you even know what copyright infringement is?

It's obvious you learnt your trade in a roadside petrol dealer's facility

It doesn’t call for an insult,it’s what people do basically they just use same paint as Nnpc,you know nothing about the business so keep shut,about copy right infringement,10k will be all it cost when dpr visits the station they not closing it down or anything and it’s rare

Do you need lesson teacher for your child in Akure, on chemistry, mathematics and physics. Call Ola on 08066203874

felong:

I want detailed collective information that's why I posted it here not private meetings with strangers. I've already gotten personal opinions from people close to me. I want to compare them with that I'll get here.
thanks anyway.

The Year needs ASharp brain

modsfucker:
Go site it in a border town, you may be selling three tankers a day

Lovely suggestion.

SavageResponse:


Have you ever actually managed a hotel before in your life or you think you can just get positive results by mere wishful thinking?

Okay sir understood. Oga Veteran hotel manager.

Criteria to check upon...

Location: location determine sales.

DPR: site evaluation and assessment.

Franchise: you can talk to Oando now OVH Energy marketing, Total, Enyo, Rain Oil and Bovas.

I will advise you to franchise first.

GeoAfrikana:


Lol, you obviously don't know the use of honey.

Honey is used in hospitals for dressing injuries, it's used in cosmetics for curing beautifying and curing the skin.

The people who drink honey for it's sweetness are just a small percentage of honey consumers.

I know how much honey can impact lives and that's why I'm motivated to seek an income with it.

If you someone else knows how hotels and filling stations can impact lives then they should go ahead with it. It's a big and free world, we can only play our small part.

Okay Goodluck impacting peoples lives with your honey

Kindly listen to the guy who advised on siting it in a border town. It's really a good idea.

adonainana:


Software developers, website owners, G boys, programmers are inclusive of this category. They cant come close to the money within the two industries i mentioned above.

Even Eko hotel alone, you have to drop 50 million naira before any show starts minus the the bigger clubbing and endorsement sectors.

How many of such hotel make that in comparison to the Population of hotels in the country.? That is my point.

Filling station in my area don't make that much, maybe a few.

I have worked as an Attendant of a filling station and I was later made the Manager, I have the knowledge about the business ..
You can contact me on 08036399881 ( use for Whatsapp too)

felong:
Please I Need Detailed Advice In Starting A Filling Station

Good evening nairalanders. please I would appreciate it if I'm given a detailed breakdown of what it would cost to open an run a filling station.
also someone a friend advised that franchising would be good I would be operating with a branded name. so which independent oil marker in Nigeria is the best for franchise.

My location is Abakaliki Ebony state. I will also like to know how many tankers I call sell on an average per month in a place like Abakaliki.
thanks.

Well, as an engineer, it depends on what you want like the how many dispenser won't u like to have, what capacity of undertank would you want to have ( like for PM's now ,most fuel station uses 45,000 bt some go lower than that) ,how big is the land, do you want to have a mini mart, is it a service station( I mean do you want to have lube bay where they repairs, service n do all other stuff of cars), so slot of factors warrant the total cost but I am working on some filling stations renovation and construction works) , you can budget a range from 30 m to 50m depending on the above factors, then if u want a detailed estimate you can WhatsApp me on 0906919397 or mail me on adebimpeakinrinola@gmail.com am also available for construction.thanks

First, the location of the landed property is crucial to sale.What is the prospective traffic on the route? What's the competition like around the axis?

Also, the regulation of DPR is that , it must not be less than two plots of land for you to construct a retail fuel station

What's your budget like? 35M and above,will give you a decent fuel station around your place(depending on the number of underground tanks and capacity-at least 4) PMS and AGO are the real deal. You need to target your customers and show ingenuity in branding too.

Cooking gas is taking over DPK(Kerosene). That could be an added advantage if you have a bigger space to do business.

The business is cool, but you don't want to dabble into it without the Information you need to stay afloat.

We are specialised in building fuel and gas stations around the country. I will be ready to take further questions as regards your request.

Best regards.

I have carefully read through all the pages of this thread. I must say I have learnt a lot. Thanks OP for opening this thread. The OP can use the information on this thread without meeting any consultant if he knows how to arrange the information and filter the 2percent worthless opinions off. Thanks to everyone that have contributed to this thread. I did my internship at Retail Outlet and Marketing (ROM) unit of DPR and thereafter have consulted for over 200 companies that needed to build and licence petrol stations and gas plants in Akwa Ibom and Cross River State. I can confirm that I have seen expert advice on this thread. In addition to all the advice, OP needs to set aside 2million naira for paper work and other items like site suitablity inspection, authority to construct, licence to operate, pressure and leak detection test, police report, fire service report, EIA, 2KM stretch map, building plan, survey plan, tax clearance etc. You don't need a consultant if you can synthesis all the information provided here on this thread. All the best.

Oh