Petrol Pump Dealership Business Ideas 2024 (Earn lakhs of rupees every month by opening a petrol pump): If you have a lot of money to start a business and you are thinking of starting a new business, then Petrol Pump Dealership Business is going to prove to be a very good option for you.
Because by starting this business you can easily earn lakhs of rupees a month. It costs a little more to start this business, but whatever cost you will incur, you are going to get many times more profit. This business can make you rich.
Petrol Pump Dealership Business Ideas 2024
Let us tell you that many companies from the government to the private sector sell oil in the country, which includes the names of government companies like Bharat Petroleum, Indian Oil, and Hindustan Petroleum.
Apart from these, many private companies like Reliance, and Essar Oil also do oil business. Such business companies try to open petrol pumps in every area if you want, you can start a petrol pump dealership business by getting information about the offers given by these companies.
If you do not know how to open a petrol pump or how to apply for a petrol pump dealership, then through this article we will provide you with complete information about it.
Apart from this, we are going to answer all these questions, why open a petrol pump dealership business, how much will it cost to open a petrol pump and how much will be the earnings in it. So please read this article carefully till the end.
Why open a Petrol Pump Dealership Business?
There is no need to explain to you how high the demand for petrol and diesel is today. Without them, no vehicle can run in today’s time, from which you can understand how much profit you can get in this business. You can earn thousands of rupees from this business every day and there is no possibility of loss in this business. Further, we will provide you with much more important information related to this business.
How much will it cost to open a petrol pump?
If you want to start a petrol pump business, then you will need a big investment for this. It also depends on where you are starting the petrol pump business. If you want to start a petrol pump business in a rural area, then you will have to spend 15 to 20 lakh rupees, while in urban areas, you may have to invest 35 to 40 lakh rupees to start this business.
How much will be the earnings in the petrol pump business?
Now if you are thinking about how much can you earn from petrol pump dealership business? Then let us tell you that there is a profit of two and a half to 3 rupees on selling 1 liter of petrol. And if you sell 4000 to 5 thousand liters of petrol per day, then you can earn a profit of 10000 to 15000 per day.
In this way, by starting this business, you can easily earn up to 5 lakh rupees every month. Diesel and petrol are such things in the market whose demand will never decrease, so you will get profit from this business.
Eligibility for Petrol Pump Business
To start Petrol Pump Business, first of all you have to get a license for it. To start this business, your age should be between 21 years to 55 years. You can open this business in any area, rural or urban.
If you are thinking about petrol pump dealership business, then let us tell you that to open a petrol pump in urban area, your educational qualification should be 12th pass and to open this business in rural area, educational qualification should be 10th pass.
How to open a petrol pump?
To open a petrol pump, first of all you have to apply for a license. First of all, companies doing oil business identify the areas where there is a need to open petrol pumps, after identifying these areas, companies advertise to open petrol pumps there and offer people to open petrol pumps. You can apply for the offers given by these companies.
After doing this, the land and cost etc. are reviewed by the company. Let us tell you that to open a petrol pump, you will need at least 800 square meters of land, whereas if you are thinking of opening a petrol pump on State Highway and National Highway, then you will need at least 1200 square meters of land.
How to apply for Petrol Pump Dealership Business?
To start Petrol Pump Dealership Business, you have to set up business on the basis of different petrol companies, for which you can apply in this way –
- First of all you have to visit the official website to get petrol pump dealership.
- On this website you will get to see all the information about the offers given by different companies.
- After reading all the information, you can apply for the offer of any petrol company as per your wish.
What things to keep in mind before starting a petrol pump dealership business?
Before starting a petrol pump dealership business, you have to keep some special things in mind, such as –
- Before opening a petrol pump for any company, you have to get information about the market position of that company and how it is performing.
- You should never apply for the offer of a company running in loss, otherwise you may also incur loss.
- You can apply for the offer of a company whose market position is good and is running in profit and you can apply for a dealership by visiting the official website of that company.
- For more information, you can get information by visiting the official website of the petrol pump.