In Chennai Location
2007-02-13 12:14:37 · 5 answers · asked by Cityboy 1 in Business & Finance ➔ Investing
Call Reliance Petroleum in your city (Chennai) and ask them.
It is very capital intensive to setup. Are you ready with a large number of funds that will not pay you until a year from the first Rupee that you invest.
GL
KKP
2007-02-15 08:14:51 · answer #1 · answered by KKP_Investor 3 · 0⤊ 0⤋
Public Sector companies like IOC, BPCL, Hindustan Petroluem
put out requirements for gas stations in newspapers.
u have to apply with a business plan, source of funds as
certified by chartered Accountant and land (preferred).
Alternatively private oil cos like Reliance may allot gas stations if
u have land or means to acquire one,
Disadvantaged sections of society have some advantages(like easy loan, working capital etc.,)
Investment varies depending upon rural or urban. Location is
most important.
2007-02-16 05:01:36 · answer #2 · answered by chenzen 4 · 0⤊ 0⤋
I suggest contacting each major retail fuel chain, for prospectus, and a application for Franchise contract. (and wait 3 to 6 weeks for answers)To be independent, would mean a large upfront capital.
I am NOT a professional so please take my advice w/grain of salt.
Thanks!
2007-02-13 21:30:06 · answer #3 · answered by richard_lee_boyd 2 · 0⤊ 0⤋
first buy a gas station. then start it and sell stuff. you should invest about five billion dollars.
2007-02-13 20:27:46 · answer #4 · answered by ? 1 · 0⤊ 1⤋
Contact BPCL or IPCL
-:)
2007-02-14 01:41:26 · answer #5 · answered by Pinacolada 2 · 0⤊ 0⤋