• Petrol Pump Management Excel Sheet
• Excel Templates For Indian Oil Petrol Pump Dealership
• Petrol Pump Daily Sheet

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Hello,

Petrol Pump is considered to be a very beneficial business.

If you open petrol pumps at a decent place, you can make a lot of money. There are many people in the country who want to be the owner of a petrol pump but they do not have any information about it.

The government is now giving a great opportunity to open petrol pumps in rural areas. Indian Petroleum Corporation Ltd has sought proposals to appoint regular / rural outlet dealers in all the districts of Delhi state. The deadline for applying online for RO Dealership is December 24, 2018.

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Who can open petrol pump :

1. You need to be an Indian citizen to become a petrol pump owner. Also, you should be between 21 and 60 years of age
2. education must be completed at least 10th std.

Should be land :

1. You need to have land to open petrol pump. If the land is not your own, you will have to take NOC from the landlord or a non-certification certificate.
2. You can apply for a petrol pump by taking a member of your family's land. However, for that you have to make an NOC and affidavit.
3. Lease agreement for leased land is mandatory. Register with Sales Deed or Lease Deed
4. If the land comes in the agricultural land you will have to convert it and bring it into non agricultural land.

The cost for opening petrol pump :

1. The cost of opening petrol pumps depends on the space and the petroleum company. There are rural and urban two types of petrol pumps in the country. So the cost of opening it is also different according to the village and city.
2. If you want to spend the property, then the cost of petrol pump is Rs 12 lakh in the village and the cost of regular petrol pump in urban areas comes to Rs 25 lakh. However, these charges may vary as per the space.
3. This cost is for company charge, not included land charge daily routine charge and NOC charge

How Do You Apply?

Petroleum companies advertise on newspapers and websites that they have to open petrol pumps in this area. If your land is also in or around the area, you can apply. The options are available on the Petroleum Companies' website for availing the application.

If you want to get link then dm me inbox

Thank you

Petrol Pump businesses are very low margin businesses. The net profit percentages can vary between 0.5% to around 1% depending on how one manages employee salaries, expenses for current/power consumption, credit to bulk buyers such as truck and bus owners, and interest on working capital. There is also revenue from commission paid for transportation of fuel from the fuel depot to the pump (approx. Rs. 3 per km/kl).

As of August 15th, 2015, commission on diesel is approximately 2.5% of sale price and for petrol is slightly higher than 3%, so essentially that would be gross profit. I'll try to break down the revenue and costs a little more.

Commissions are published at Prices:Petroleum Planning & Analysis Cell

Let's assume a decently run petrol pump sells 400KL (Kilo Litres) of Diesel and 100KL of Petrol. Also, let's assume that his petrol pump is about 100 KM from the fuel depot.

Additionally, even in most dealer managed petrol pumps, capital investment for building, underground pumps, fuel stations, sign boards, canopy are made by the oil marketing company, therefore initial capital investment if any is small.

Petrol Pump Management Excel Sheet

Revenue (based on commission % as on Jan 2016)

1. Commision from sale of petrol = 100 x 2280 = 228,000

2. Commission from sale of diesel = 400 x 1428 = 571,200

3. Commission on transportation of fuel = 500 x 100 x 3 = 150,000

4. Lease of Land to the Oil Marketing Company = 20,000

Total Revenue = 969200 (approx. 9.7 Lakhs)

Expenses

1. Salaries (approx. 20 employees at approx. Rs. 12000 per employee, includes people who fill, managerial staff running 2 shifts, and truck driver and cleaner ) = Rs. 250,000

2. Electricity = Rs. 50,000 (the fuel pumps are real energy suckers)

3. Monthly Interest on Working Capital Requirement of 40Lakhs (for fuel cost, credit, etc.) at 12% = 40,000

4. Interest on Truck Purchase and Maintenance= Rs 30,000

5. Loss of fuel during transportation (50 litres per truck load and 20 trips) = 1000 x 50 = 50,000

6. Fuel Transportation expenses (besides driver and cleaner salaries) = Rs. 50,000

7. Misc. expenses (maintenance, accounting, etc.) = Rs 25000

Total expenses are about 5 Lakhs.

Approx. pre tax profit = Rs. 4 - 4.5 Lakhs per month.

Excel Templates For Indian Oil Petrol Pump Dealership

Given the above, the annual net profit can be Rs.50 Lakhs and post tax profit approx., Rs 35-40 Lakhs.

Petrol Pump Daily Sheet

While the number may sound quite rosy, several petrol pumps are poorly managed, in terms of credit recovery, over draft management, etc., which typically brings down the profit margins even further. Additionally, if the owner does not have the financial wherewithal to manage the working capital and give sufficient credit for bulk buyers, his sales tend to go down even further.

Petrol bunk ownership is typically for the well-connected and is largely a 2nd business for the proprietor.