How much is a Sasol garage franchise?

Franchise fee is R2. 5M. Working Capital is R1. 5M Fuel Guarantee is R 850 000.00 ( Garage Sure or Refine – subscription ) Total Amount Required – R4M.

Is Sasol a franchise?

Sasol Energy refers to its franchise outlets as Sasol Convenience Centres (SCCs). Each SCC comprises of at least three separate business units: a forecourt, a convenience store and a bakery. A quick-service restaurant may be added under certain conditions.

How much does an Engen franchise cost?

Engen is currently selling a relatively small franchise in Gauteng for R2. 6 million, excluding stock and assets. It has no convenience store, and pumps an average of 267,000 litres of fuel per month. Engen requires 20% of this selling price in unencumbered cash and a working capital stash of R1.

How much does a BP franchise cost?

The total estimated investment to open a BP Connect franchise ranges from $2.27 million to $6.67 million, including estimated real estate costs, with an estimated liquid capital available of $700,000 to $1 million. The franchise fee is $30,000.

Is it profitable to buy a gas station?

Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.

How much money do gas stations make on cigarettes?

Cigarettes: Best of all, a $0.75-per-pack profit on fast-moving cigarettes. A typical gas station turns the entire inventory of cigarettes in two days.

Is it better to buy into a franchise or start your own business?

Bottom line, franchises have a higher overall success rate than startups. Franchises operate under a predetermined business model that has already brought success while independent businesses make adjustments and decisions to their business model as they go.