Hey there! Are you planning to start a petrol pump dealership? Then Nayara energy petrol pump dealership you can consider. This blog will guide potential investors through the essential aspects of starting a Nayara Energy petrol pump dealership Market research, why consider petrol pump dealership, Nayara energy petrol pump dealership brand overview, investment details, and the advantages and disadvantages, ROI period, Revenue Model for Nayara Energy Petrol Pump Dealership, Conclusion.
Let’s break it down together!
Why Consider a Petrol Pump Dealership?
First things first, The fuel retail market in India is not just growing; it’s booming!
With the number of vehicles on the road skyrocketing, the demand for petrol and diesel is only set to increase. Here are the some facts and statistics to consider:
“In fact, the Indian fuel retail market is anticipated to reach a value of approximately ₹12 trillion by 2025, driven by urbanisation and rising disposable incomes.”
“With over 300 million vehicles on the road and counting, the demand for petrol and diesel is set to rise significantly. According to the Ministry of Petroleum and Natural Gas, fuel consumption in India has been increasing at a rate of about 5-6% annually.”
That’s a huge market, and it’s ripe for investment!
Dealership Brand Details:
Brand Name: Nayara energy Petrol Pump
Industry: Oil and Gas
CEO: Alessandro Des Dorides
Headquarters: Mumbai
Founded: 1989
Formerly: Essar Oil Limited
Ownership: A joint venture between Rosneft (Russian state-owned oil company) and the Government of India through its holding company, ONGC
About Nayara Energy
Getting into know Nayara Energy brand
Now, let’s talk about Nayara Energy. Nayara Energy, formerly known as Essar Oil, has established itself as a key player in the Indian oil sector. They have a robust presence not just in India but also in over 25 countries! As the fastest growing private fuel station network in India, Nayara Energy has 6300+ petrol pumps spread across the length and breadth of the country covering national and state highways as well as rural areas.
Nayara Energy petrol pump Dealership Requirements & Investment Details:
| Required Sq ft | Working Captial | Total Investment Details | ROI Period |
| Minimum 800-1200 square metres | Initial working capital to manage the operations, including the first stock of fuel, staff salaries, and initial marketing, usually around ₹20 lakh to ₹30 lakh. | Minimum Investment: ₹1.5 crore (excluding land cost) | Many dealers report seeing a return within 5 to 7 years |
| Highways: Minimum 1200-1600 square metres. | Average Investment: ₹2 crore to ₹3 crore (excluding land cost) |
Required Sq metres:
- Minimum 800-1200 square metres.
- Highways: Minimum 1200-1600 square metres.
- Ownership: The land can be owned or leased, but it should be clear from legal disputes.
Working Capital:
Initial working capital to manage the operations, including the first stock of fuel, staff salaries, and initial marketing, usually around ₹20 lakh to ₹30 lakh.
Investment Details:
- The minimum investment required is around ₹1.5 crores, varying based on location.
- Nayara offers a performance-based return of 5% p.a. on the on-site and infrastructure investment.
- The investment is calculated based on standard costing norms.
Total Investment Estimate:
Minimum Investment: ₹1.5 crore (excluding land cost)
Average Investment: ₹2 crore to ₹3 crore (excluding land cost)
ROI Period:
Many dealers report seeing a return within 5 to 7 years.
Requirements to start a Nayara energy petrol pump dealership
To qualify, you need:
Age: Between 21 and 55 years.
Education: At least 12th grade for urban areas; 10th grade for rural areas.
Land: Minimum of 800-1200 square metres for urban areas and 1200-1600 square metres for highways.
Financial Stability: A turnover of ₹50 lakh and liquid assets of ₹30 lakh.
Additional Considerations:
- Location: Prime locations with high traffic volume generally require higher investments.
- Amenities: Offering additional services like convenience stores, ATMs, or food outlets can increase investment but also potential returns.
- Franchise Fees: There might be franchise fees or other charges associated with the dealership.
That’s pretty good, right?
Financial Things:
Now, let’s talk about the numbers. Setting up a Nayara energy petrol pump dealership requires an initial investment of around ₹85 lakhs to ₹1 crore, depending on various factors like location and setup costs. While this might sound significant, the potential for profit is also substantial. The average profit margin for a Nayara energy petrol pump dealership is around 2.5% to 3%. With average sales of 3,000 to 4,000 liters per day, you could be looking at monthly earnings of about ₹2.5 to ₹3 lakhs
Read also this: Why Tanishq franchise is best jewellery franchise in 2024
Revenue Model for Nayara Energy Petrol Pump Dealership:
Fuel Sales
Primary Revenue Stream: The main source of income will come from the sale of petrol and diesel.
Average Sales Volume: A well-located Nayara petrol pump can sell between 3,000 to 4,000 litres of fuel per day.
Profit Margin: The profit margin on fuel sales is generally around 2.5% to 3%.
Example Calculation:
For example calculations, In the petrol pump
Daily Sales: 3,500 litres
Selling Price per Litre: ₹100 (for example)
Daily Revenue: 3,500 litres × ₹100 = ₹3,50,000
Daily Profit: 3% of ₹3,50,000 = ₹10,500
Non-Fuel Sales
Additional Services: Many petrol pumps increase their revenue by offering non-fuel products there are
Snacks,
Beverages, and
Automotive accessories.
Convenience Store: If you have a convenience store, you can add significant revenue.
Conclusion: A smart Investment
So, there you have it! Investing in a Nayara energy petrol pump dealership is a unique opportunity to tap into a booming market with the backing of a trusted brand. With the right planning, a great location, and the support from Nayara, you could be well on your way to running a successful business. If you’re ready to take the plunge, why not consider applying for a dealership? Let’s turn your entrepreneurial dreams into reality.
If you have any questions or want to know more, just let me know. I’m here to help! Feel free to tweak any part of this to better fit your style or audience!
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FAQ:
Rosneft owns about 49% of Nayara, while Kesani Enterprises Co Ltd, a consortium led by Trafigura Group and Russia’s UCP Investment Group, holds 49.13%.
To qualify, you need:
Age: Between 21 and 55 years.
Education: At least 12th grade for urban areas; 10th grade for rural areas.
Land: Minimum of 800-1200 square meters for urban areas and 1200-1600 square meters for highways.
Financial Stability: A turnover of ₹50 lakh and liquid assets of ₹30 lakh.
The minimum investment for a Nayara energy petrol pump dealership is around ₹1.5 crore, excluding land costs. Depending on the location and facilities, the average investment can range from ₹2 crore to ₹3 crore.
Many dealers report seeing returns within 5 to 7 years. Nayara energy petrol pump dealership offers a performance-based return of approximately 5% per annum on the on-site and infrastructure investment.
Yes, you can either own or lease the land for your petrol pump. However, it must be free from legal disputes and meet Nayara energy petrol pump dealership requirements.
Reliance Industries Ltd Headquarters.
Indian Oil Corp Ltd Headquarters.
Bharat Petroleum Corp Ltd Headquarters
Mangalore Refinery and Petrochemicals Ltd Headquarters.
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Hi
I am looking to open a petrol pump on highway
And i an trying to contact Nayara but couldn’t reach
Please help me out
Thank you
I take a dealership of petrol pump