The petrol station market which is also called fuel retail sector continues to grow in Tanzania. The growth is primarily driven by increasing car ownership, expansion of road networks, and increased economic activities such as transportation, mining, construction and manufacturing sector.
According to the Tanzania Revenue Authority (TRA), the agency responsible for registration of vehicles in Tanzania, the total vehicle stock has more than doubled in the last six years and projected to reach 8 million in 2030. And the total road network has doubled in the last two decades. Also fuel cost remain substantial component in commercial organization’s budget such as in transportation, mining, construction, and manufacturing sectors, driving the growth of fuel retail sector.
   How Investors are Responding?
Investors are responding by expanding their business and growing their network through acquisition and new site construction. This requires new way of improving site selection through data-driven insights. This is because, the business is location-driven, therefore the success of this business is based on good viable location.
     What is a Petrol Station with Commercial Building Facility?
A petrol station with commercial building facility is a modern service station that besides selling petrol, diesel, liquefied petroleum gas(LPG), and lubricants(engine oil) , those petrol station have dedicated building such as restaurant, shops, shopping malls, rent offices to companies .
Case Study on Feasibility for the development of petrol station
Objective:
One of our clients has requested our assistance in conducting feasibility study to determine economic viability of setting a petrol station with the commercial building on the proposed plot at Msasani, Dar es Salaam, Tanzania.
The feasibility study report for the proposed service station offers essential information for investors, financial institutions such as banks and other funding houses and partners.
The comprehensive report covers anticipated performance, costs, expected sales, return on investment (ROI), payback period, break even analysis, infrastructure requirements, competitive analysis, market share analysis, working capital requirement, and potential demand for both fuel and commercial building in the proposed location.
The cost analysis for the petrol station with commercial building facility involves land acquisition and preparation costs, working capital, total infrastructure costs, civil, mechanical, electrical and and security cost, equipment, machinery and installation costs.
Read also:Investment and Cost Structure of Compressed Natural Gas(CNG) Filling Station in Tanzania and Africa,
How Tanzania Petroleum Can Help?
At Tanzania Petroleum, we understand the complexities involved in setting up and operating a petrol station business. To guide entrepreneurs and investors through every phase of the journey, we offer a range of specialized services designed to provide in-depth market knowledge, financial projections, and hands-on support for plant setup and operations.
Market & Feasibility Reports
- Project Reports: Our comprehensive, techno-economic reports provide a detailed blueprint for setting up a petrol station project with the commercial building facility. These reports cover everything from the manufacturing processes and machinery requirements to detailed financial projections, helping you understand the costs and logistics involved in bringing your plant to life.
- Market Research Reports: These reports offer in-depth analysis of the broader solar industry, including market size, regulatory process and requirements, investment costs, profitability potential,key trends, leading players, and future forecasts. With these insights, you’ll gain a clearer understanding of the competitive landscape, allowing you to make more informed decisions for your business.
Business & Financial Planning
- Business Plan Development: We assist in creating detailed, bankable business plans tailored specifically for securing loans, investments, or grants. Our plans are designed to meet investor expectations and guide your business through the early stages of development.
- Financial Modeling & Analysis: Our team provides sophisticated financial projections, including return on investment (ROI), break-even analysis, and sensitivity analysis. These tools are crucial for investor due diligence and ensuring the financial viability of your venture.
Petrol Station Project Setup & Execution Services.
- Project Consulting: From site selection and equipment procurement, we offer end-to-end consulting services for setting up a petrol station projet. Our experts ensure that the entire setup process runs smoothly, meeting both technical and regulatory requirements.
- Procurement & Supply Chain Support: We help identify and vet reliable local pr global suppliers for essential machinery such as dispensing pumps  and fuel, ensuring quality and cost-effectiveness. Our supply chain support streamlines the sourcing process, reducing delays and optimizing production costs.
Customized Consulting & Advisory
- Custom Research Services: For businesses with specific needs, we offer tailored research solutions that address unique questions or challenges. Whether you need niche market assessments or detailed consumer behavior analysis, our team can provide the insights you need to make strategic decisions.
With Tanzania Petroleum’s expertise and comprehensive range of services, entrepreneurs can access the data, tools, and support they need to successfully launch and operate a petrol station business.
Do you need assistance?Ready to take the next step? Reach out to us for a tailored consultation and explore how we can help turn your petrol station business ownership dream into a reality. Contact us via +255(0)655376543 or info@tanzaniapetroleum.com
