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What is the new petrol bunk investment?

What is the new petrol bunk investment?

To acquire a new petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without any hassle in the longer run. The applicant has to obtain all statutory approvals and licenses from the government to set up the retail outlet. Also, companies charge an application fee if you wish to become a franchisee. The investment required for the fuel station varies from location to location. It will cost less in rural areas as compared to urban areas. The petrol pump dealership cost excluding the land will be minimum of 50-70 lakh rupees will be required to set up the petrol pump. The investment would be for two machines(petrol and diesel), canopy, a sales room, underground tank, fencing and electricals facilities. The applicant should also consider the amount to be invested for ATM machines and other complementary facilities as they are crucial elements that drive sales.

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What age is eligible to start a petrol pump dealership

What age is eligible to start a petrol pump dealership

For petrol pump Certificate or Passport or Affidavit for age or Identity card issued by Election Commission. dealership investment, the individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. An individual should have stayed in India for 182 days or more in the previous financial year to be considered a resident of India. The applicant must also be not less than 21 years old and not more than 55 years. While applying for petrol pump dealership, proof of age of the applicant must be validated by submitting a copy of 10th Standard Board Certificate or Secondary School Leaving Certificate or Birth

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