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[IB DD]

As far as combustion car engines continue to exist at least for the next five years, the business of a gas refill station would still thrive. Even beyond the immediate adoption of adoption of electric cars, some countries would take a long time for electric cars to go mainstream.

Auto gas refuel stations would still be a viable business for the next 10 years to come. It always seems like a very capital intensive business to start though with all the licenses et all.

What is the estimated amount that can start a gas refill station in your country?

 

[Ben Kempton]

This is one of the most lucrative business anyone could establish. Though the price to begin this business is so bougous . Many investors often seek loans from the banks to establish this business as they could not finance the business on their own...

There are a few businessmen who basically rent places when it comes to starting a gas station. However, we must remember that the rent of such locations is extremely high. This is something that also affects the profitability factor in many ways. The inflow of customers is also one of the main aspects of this business, so the location may also matter a lot in the end.

 

[holie]

Gas filling station do not look for customers as long as they are strategically located. This is a business that has the potential to a rapid turn over at a very short time. Energy consumption in my country are very high daily..

 

[a_jerobon]

A gas refill station is a very good business here in my country especially since only a few people have adopted electric cars. I don't know how much it costs to start this business but it must be a good fortune. The gas filling station I know have been started by partners and are ran by several shareholders.

 

[holie]

It could actually cost some fortune to establish and run a gas filling station. It is usually a gigantic project that most times are not handled by a single person due to its high cost. But the business is highly lucrative..

 

[Wisdom01]

This business is really capital intensive project. From procurement of land to approval from relevant government agencies. A large sum of money is needed. I could not actually say but it runs into millions of dollars to start..

i think gas companies need to consider the cost of gas supply either by purchasing gas or drilling their own wells, transportation, and marketing. It is crucial to make sure that these costs are factored into the final price of gas in order to ensure profitability.

 

[holie]

If someone has the capital to begin the business. It is encouraging because it is a very lucrative business. This is just because everyone needs gas for their domestic and industrial activities. It could cost above $20000 or more to set up such a plant..

 

[Wisdom01]

If someone has the capital to begin the business. It is encouraging because it is a very lucrative business. This is just because everyone needs gas for their domestic and industrial activities. It could cost above $20000 or more to set up such a plant..

i believe on the fact that is true that setting up a gas plant requires a significant amount of capital and can potentially be a profitable business venture due to the constant demand for gas in both domestic and industrial settings.

 

[holie]

Gas is a volatile and you must be experienced to handle them before you think of establishing such plant. There are sophisticated equipments and facilities that you need to store such gases which are very expensive to purchase..

 

[Wisdom01]

Gas is a volatile and you must be experienced to handle them before you think of establishing such plant. There are sophisticated equipments and facilities that you need to store such gases which are very expensive to purchase..

i think is true that gas can be dangerous and requires experienced professionals to handle. Establishing a gas plant requires adherence to strict safety regulations and protocols to ensure the safety of workers, surrounding communities, and the environment.

 

[kayode10]

You need to prepare about $20,000 over here in my country if you want to start a fuel business refilling. This will help you to gather the necessary materials like tank and filling machine as well as the land for the construction of the filling station.

 

[holie]

It will actually cost so much to start a gas filling station here in my country. There are so many protocol that one has to meet before the government could allow them to establish a gas filling station. From purchasing the land and other facilities it cost more than $30000..

 

[Niftyicon]

In my country, we have outlets where cooking gas is sold and it is quite profitable and less capital intensive than an auto refill station. There are a lot of conditions to meet to achieve the latter and I will admonish someone with less funds to go for the cooking gas outlet.

 

[holie]

To acquire gas refilling outlet in my country is not cheap. It is only the rich and wealthy people that can dream of opening such a business. The cost of establishing such a business could be above $30000 and it is a huge amount in my country...

 

[magnus2022]

The business is high lucrative and capital intensive! In my country before you start selling combustive substances which include petrol, gas and domestic coking gas you must obtain a license from the government. The first task is to get approval from government which will cost a fortune. The problem of starting the business is more of government approval.

 

[kayode10]

It require huge amount of money to start a gas refilling station from my country. You will need a truck tanker which you are going to convey the gas from the depot to your station. You also need a reservoir tanker to store the gases which you bought. You should budget about $20,000 for a start.

 

[holie]

Gas refilling business is very volatile and combusive and adequate care and attention are given to start this type of business. The government has a special interest for those who want to start this business because of the risk it has on the environment and community it is situated..

 

[kayode10]

The cost to start a gas refill station varies depending on location, size, and regulatory requirements. Initial expenses typically include land acquisition or lease, construction or retrofitting of facilities, equipment purchase (e.g., storage tanks, dispensers), permits, licenses, and insurance. Costs can range from hundreds of thousands to millions of pounds, requiring thorough financial planning and investment. You should have about $25000 to $30,000

 

[Wisdom01]

It will actually cost so much to start a gas filling station here in my country. There are so many protocol that one has to meet before the government could allow them to establish a gas filling station. From purchasing the land and other facilities it cost more than $30000..

yeah I noticed cost of starting a gas filling station in your country seems to be high but it is important to ensure that safety measures are in place to protect lives and the environment. Entrepreneurs should consider investing in the gas filling station business as it can be lucrative if properly managed and if all safety requirements are met.

 

[holie]

Businesses in the energy sector are always very good and lucrative. No one does anything without energy. People use them for cooking, moving utility vehicles around and other useful things. It is very profitable business if managed adequately..

 

[Daniel084]

The cost of entry does seem high but there is money to be made in the fuel industry for sure. You just have to do your research on the potential customer traffic and what your competitors are like in the area. 5 years down the road that startup investment could look like pocket change if everything goes smoothly. I'd consider it if I had access to that kind of capital.