Petrol Station Site Evaluation: How to select a Winning Petrol Station Location and Run Away From Losing Petrol Station Sites.

It pains me to see good entrepreneurs invest in wrong petrol stations sites. 

It hurts me to see talented people build petrol station in non-strategic location and suffers years of no growth.

I feel bad to see scarce and precious resources like capital, time, and energy are squandered.

For all these reasons, I and my team, help hard-working people evaluate petrol sites so as they can find winning locations and run away from losing petrol station sites.

Permit me to ask.

How do you know if your petrol station sites will lead to high returns? 

How do you investigate income potential for your site?

How can you pick a petrol station site to go all-in on?  

How can you know which petrol station sites to back and which to whack? 

How do you know if your petrol station site is viable and has potential for future growth? 

How do you even know the strength and weaknesses of your competitors?

Now you are landed in the right place.

INTRODUCING……

                       Petrol Station Site Evaluation Training Program

Petrol stations are very vulnerable to closure resulting from petrol price competitions, regulatory pressures, and non-strategic locations. Site potentiality is an important factor that influences business success for a petrol station that relies on customer visits.

The right location of petrol station is important for the good performance of a petrol station and its profitability

 

In this Training Program participants will learn:

  • Importance of locations to the development of petrol stations
  • The factors and site parameters that influence the success of proposed locations for petrol filling stations.
  • How to conduct traffic volume studies to determine the number, movement, and classification of roadway vehicles at a given location
  • How to predict traffic volume at a given location.
  • How to use traffic volume data to guide the investment decisions of your proposed petrol station, expected annual sales you can extract from sites, payback periods and infrastructure required such as the capacity of storage tanks and a number of pumps.

 

This training program will help you :

  • Make better decisions about where to invest your precious, scarce resources(your time, your money, and your effort).
  •  Have a better understanding of why some petrol station sites fail while others succeed.
  • Differentiate good petrol station sites and bad petrol station sites
  • Determine if the site will be liable for the development of petrol station
  • Determine if the proposed petrol station site can achieve the minimum volume of sales to be sustainable
  • Evaluate further risks and costs associated with sites.
  • Differentiate your petrol stations from other similar fuel stations

Who Should Attend?

Students, entrepreneurs investors, and innovative professionals

Hussein Boffu runs a consultancy provides business planning, financial forecasts, market research reports, expert analysis and consulting for entrepreneurs and business owners. Reach out to him via email at hussein.boffu@tanzaniapetroleum.com or by calling, texting, or WhatsApp at +255(0)655376543.