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How much does it cost to open a petrol station in Malaysia?

How much does it cost to open a petrol station in Malaysia?

The average cost required for investment is RM 3-4 million for building, facilities and equipment, and RM 550,000 as working capital (including cash security). The amount may vary depending on the size and location of the service station.

How do you build a petrol station?

The procedure and formalities for opening a petrol pump business in India is as follows:

  1. Eligibility Criteria for Opening a Petrol Pump in India.
  2. Land Requirement.
  3. Investment and Fees.
  4. Application for License.
  5. Obtaining Certificates.
  6. Obtain Business Loan for Working Capital Needs.

Which is the best petrol station in Malaysia?

Best Petrol Stations near Kuala Lumpur, Malaysia

  • Petronas. 3.6 mi. Gas Stations, Convenience Stores.
  • Caltex. 8.4 mi. Gas Stations.
  • Petronas Ampang. 5.3 mi. Gas Stations.
  • Bukit Kiara Petrol Station. 4.6 mi.
  • Seri Wah Yu Petrol Pam Station. 2.6 mi.
  • Bukit Kiara Petrol Station. 4.6 mi.
  • Bangsar Petrol Supply. 3.4 mi.
  • Poon Kee Tong Sui. 6.7 mi.

Can you own a petrol station?

To start a petrol pump, the applicant must show the ability to invest a minimum of Rs. 25 lakhs in case of regular petrol pumps and Rs. 12 lakhs in case of rural petrol pumps.

How much do you need to open a petrol station?

A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site. Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes and profitability.

How much money do I need to open a petrol pump?

How do petrol stations make money?

Although fuel gross profit margins are lower, fuel sales remain the primary income of a business, accounting for approximately 80% to 90% of an operation’s turnover, usually delivering greater profit than alternative profit opportunities, for instance, a convenience store, carwash, bakery and quick service restaurant.

What is the cost of petrol pump Licence?

The license fee for a petrol pump dealership is Rs. 18/KL for Motor Spirit (MS) and Rs. 16/KL for High-Speed Diesel (HSD) for dealer owned “B”/“DC” site Retail Outlets and Rs 48/KL for Motor Speed and Rs. 41/KL for High-Speed Diesel for a corporation owned “A”/“CC” site Retail Outlets.

Are there any fuel dispenser pumps in Malaysia?

Malaysia Fuel Dispenser Pump Directory provides list of Made in Malaysia Fuel Dispenser Pump Products supplied by reliable Malaysia Fuel Dispenser Pump Manufacturers, Traders and Companies. Don’t know your target market? Wanted to market your Fuel Dispenser Pump products globally?

How many dispensing pumps should a petrol station have?

One underground storage tank for each petroleum product sold at the station with a minimum capacity of 5 m^3 2. One digital dispensing pump (two-way) for each petroleum product sold at the station. All dispensing pumps should be covered. 3. One service bay 4.

How big does a petrol pump have to be?

• Petrol pumps shall be located a minimum 30 m from any residential building. • Minimum plot size of fuel station shall be- 35m x 35m • Maximum building coverage- 60% • Minimum landscaping-10% 13. • Signs should be located so as not to reflect the sun into the face of motorists and should be large to be seen from a distance.

What are the requirements for a petrol station?

• Stations should be located at a minimum of 100 m from any public institution. • Distance between one petrol station and another: 150 m. • Petrol pumps shall be located a minimum 30 m from any residential building. • Minimum plot size of fuel station shall be- 35m x 35m • Maximum building coverage- 60% • Minimum landscaping-10% 13.