Investing in a Petrol Station in Oman
Cars are increasing in Sultanate of Oman year after year. The demand of oil products is increasing year after year. Citizens and expatriates driving the car in the country are increasing. Many petrol stations are opening outside Muscat and the petrol stations inside Muscat are doing well. The retail sales had grown 19% in Al Maha in 2008 (Source: Financial Report) and it opened 11 petrol stations. Oman Oil had started 8 petrol Stations in 2008 (Source: Financial Report)
Government Rules
Government in the Sultanate of Oman do consider that all the individuals who are interested in opening a petrol stations do have a land which is commercial or Residential & Commercial lands and the size to be not less then 2600 m2. And the distance between each petrol station to be 5 Kilometers. The Five Kilometers rule does not apply in Sohar and Salalah (Source: Employee from Al Maha). Those rules are appliciable to the three companies in Oman managed by Ministry of Oil & Gas in the country.
Brand
In Oman we do have three brands for petrol stations which are: Oman Oil, Al Maha and Shell. Selecting which brand you want to represent is important. The three companies will support you well. Having good relationship with the company is important and showing that you can manage the petrol station is important while you are with them. Thinking about the way the Marketing strategy that the three companies do follow and the Customer Service Support they will provide you is important. According to a research done by an independent company it shows that customers in the country prefer Shell (Source: Shell Oman Marketing Report). When an investor go for Al Maha they do prepare for him a business case and feasibility study (Source: Employee from Al Maha)
Products to Sell
Selecting selling the three major products which are super, regular or diesel is another factor. Being in a location where many tracks do by pass means it is important that you sell diesel.
Location
Location is very important criteria when you want to start a petrol station. Knowing about the new roads where the country is planning to open. Roads which they are many cars do by pass and there is know petrol station. The Volume of cars is important. Surrounding major projects and houses is important factor. This an important factor the three companies do care about.
Value Added Services
Another very important factor is Value Added Services are services beside the major petrol station is important. Opening a shop with the petrol station is important. This will generate direct sales from the shop. Also, it will increase the revenue of the petrol station as people will stop their car to fillup their car and then stop shopping in the shop. Providing a Car wash. Furthermore, starting a restaurant where people can eat will let more people come to the petrol station.
Investing opening a petrol station is a Long Term Investment where you can make good Return on Investment for the Long Run. The three companies in the country will support you and Ministry of Oil and Gas in the country will provide you a great assistance.
Government Rules
Government in the Sultanate of Oman do consider that all the individuals who are interested in opening a petrol stations do have a land which is commercial or Residential & Commercial lands and the size to be not less then 2600 m2. And the distance between each petrol station to be 5 Kilometers. The Five Kilometers rule does not apply in Sohar and Salalah (Source: Employee from Al Maha). Those rules are appliciable to the three companies in Oman managed by Ministry of Oil & Gas in the country.
Brand
In Oman we do have three brands for petrol stations which are: Oman Oil, Al Maha and Shell. Selecting which brand you want to represent is important. The three companies will support you well. Having good relationship with the company is important and showing that you can manage the petrol station is important while you are with them. Thinking about the way the Marketing strategy that the three companies do follow and the Customer Service Support they will provide you is important. According to a research done by an independent company it shows that customers in the country prefer Shell (Source: Shell Oman Marketing Report). When an investor go for Al Maha they do prepare for him a business case and feasibility study (Source: Employee from Al Maha)
Products to Sell
Selecting selling the three major products which are super, regular or diesel is another factor. Being in a location where many tracks do by pass means it is important that you sell diesel.
Location
Location is very important criteria when you want to start a petrol station. Knowing about the new roads where the country is planning to open. Roads which they are many cars do by pass and there is know petrol station. The Volume of cars is important. Surrounding major projects and houses is important factor. This an important factor the three companies do care about.
Value Added Services
Another very important factor is Value Added Services are services beside the major petrol station is important. Opening a shop with the petrol station is important. This will generate direct sales from the shop. Also, it will increase the revenue of the petrol station as people will stop their car to fillup their car and then stop shopping in the shop. Providing a Car wash. Furthermore, starting a restaurant where people can eat will let more people come to the petrol station.
Investing opening a petrol station is a Long Term Investment where you can make good Return on Investment for the Long Run. The three companies in the country will support you and Ministry of Oil and Gas in the country will provide you a great assistance.
Thanks For sharing this wonderful blog.
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