BPCL Petrol Pump Dealership

Have you ever wanted to own your own business? Be your boss? Are you looking for a franchise in USA? Then franchise is right for you. To know about how you can get franchise, in the following paragraph. You can know about the cost and profit you can make through franchise. You can even learn about the requirements that are needed for franchise.

Wiki

Bharat Petroleum Corporation Limited (BPCL) is an Indian central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas, Government of India. BPCL is India’s second-largest Indian Oil Marketing Company owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas.

Bharat Petroleum’s Refineries at Mumbai & Kochi and Bina at Madhya Pradesh have a combined refining capacity of around 35.3 MMTPA. Its marketing infrastructure includes a network of installations, depots, energy stations, aviation service stations and LPG distributors. Its distribution network comprises over 20,000 Energy Stations, over 6,200 LPG distributorships, 733 Lubes distributorships, and 123 POL storage locations, 54 LPG Bottling Plants, 60 Aviation Service Stations, 4 Lube blending plants and 4 cross-country pipelines.

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Benefits

• Brand Recognition
• Low Cost of Entry
• Support from an Expert Team
• Reduced Risk for Startups
• A Vibrant And Growing Industry

Financial Assistance

The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.

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Cost/ Investment / Price / Fee

For Regular BPCL retail outlet, the fund requirement for eligibility will be Rs. 25 lakhs and for a rural retail outlet the fund requirement for eligibility will be around Rs. 12 lakhs. The funds can be in the below-mentioned forms:

• Mutual Funds
• Funds in registered companies or Postal Schemes
• National Savings Schemes
• Funds in savings accounts, deposits with Bank
• Company shares

Note: Only 60% of the certified value (for stocks, Mutual funds & Bonds) will be considered for eligibility.

Requirements

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• Legal to work in USA
• Ability to speak and understand English
• Have all Legal documents
• No criminal record

BPCL Petrol Pump Dealership(ROs) Selection Process

• A State-wise advertisement will be published in local newspapers both in English as well as the regional language of that region.
• If anyone finds this advertisement fascinating, then they can easily apply for an Indian Oil petrol pump dealership. After their application, the selection process is entirely based on the taken interview.
• During this selection, procedure land is also a very essential part.

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Not Eligible Applicants case

• A person selected for the BPCL Petrol Pump Dealership will have to pay attention towards day to day working by personally managing the affairs of the ROs dealership.
• BPCL Petrol Pump Dealers will not be permissible for taking up any employment.
• If the selected dealer is already employed, he or she will have to resign from the employment and have to submit a letter of acceptance of the resignation before the issuance of a letter of appointment (LOA) by the BPCL .

• The LOA holder will have to give a notarized affidavit stating that she or he is not employed in the private sector or is not drawing any salary.
• An entity selected for the BPCL Petrol Pump Dealership will have to manage the day to day working or affairs of the dealership under the supervision of their employees and in line with the provisions of the dealership agreement.

Area Required

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The minimum land requirement for opening a retail outlet in the city would be around 800 square meters. Whereas for opening a petrol pump dealership on the State or National Highway, the minimum land requirement would be 1200 square meters. Also, there should be sufficient provisions for water and electricity on the land.

Note: 1 sqmtr = 10.76 sqft

How Much Money Can I Make With A BPCL Petrol Pump Dealership

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise hinges on several specific characteristics, such as franchise location, labour costs, commercial lease rates, etc.

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How to Apply For BPCL Petrol Pump Dealership

First, you must fill out the form to get the franchise. Then the company officials will contact you for further details. After that, you can open this franchise.

Apply Here

Contact details

Website

https://www.bharatpetroleum.in/

Conclusion

So far, we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information, please share it with us. Share your thoughts, and we will contact you with new franchises and opportunities. Stay Tuned for more franchises. Thank you

FAQ (Frequently Asked Question)

Is BPCL Petrol Pump Dealership profitable or not?

Ans: It is a fast-moving product with fewer margins, but your sale needs to be lowered. So, you can make more profit from this business.

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How much does it cost to open BPCL Petrol Pump Dealership?

For Regular BPCL retail outlet, the fund requirement for eligibility will be Rs. 25 lakhs and for a rural retail outlet the fund requirement for eligibility will be around Rs. 12 lakhs. The funds can be in the below-mentioned forms:

• Mutual Funds
• Funds in registered companies or Postal Schemes
• National Savings Schemes
• Funds in savings accounts, deposits with Bank
• Company shares

Note: Only 60% of the certified value (for stocks, Mutual funds & Bonds) will be considered for eligibility.

Is BPCL Petrol Pump a Dealership?

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Yes, a franchise.

Disclaimer: The information in this article, like investment, may vary from place to place, so we are not sure about the investment part and other parts.

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