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Nayara Petrol Pump Franchise? Cost, Eligibility Criteria

Nayara Petrol Pump Franchise? Cost, Eligibility Criteria

By Startup Authority

Nayara Petrol Pump is also called Nayara Energy Petrol Pump. Nayara Energy is a global integrated downstream oil corporation that operates in all market categories, including retail oil, and petrochemical and encompasses the whole hydrocarbon value chain, from production to marketing.

Nayara Energy is the biggest privately owned petroleum retailer in India. The company hold About 71,000 of the country's gasoline stations as ownership of state-owned companies like Bharat Petroleum franchise, and Hindustan Petroleum franchise. With roughly 1,406 fuel retail outlets, a joint venture between Reliance Industries and BP plc trails Nayara, and Shell is next.

Nayara Energy franchise is based on DODO model which is known as Dealer-Owned, Dealer-Operated (DODO) model.

Nayara Petrol Pump Dealership Cost

  • 70 lakhs for rural areas
  • 80 lakhs-90 lakhs for Town
  • 1 Crore for State/National Highway

Note: This data is taken from internet sources. It may differ as per the current company stand.

Nayara Energy Petrol Pump Franchise Requirements

Area Required

Depending on the sort of retail outlet to be developed, the size of the property may change from one place to another. The land should, as a general rule, be larger than 800 square metres.

Selection process

Nayara Energy evaluates the plot of land in question for its commercial possibilities. The candidate is also examined for financial and commercial savvy. Nayara Energy must receive the required land documentation and personal data for examination. A Letter of Appointment (LOA) is issued once it has been determined that the applicant and the land are suitable.

Approvals / licenses required

The list may vary from one state to the next: Conversion to NA (Non-Agricultural) District Collector NOC, Police Commissioner NOC, PWD approval, Electricity board approval, Gram Panchayat approval, etc. depending on the required of the appropriate authority. Final CCOE License for access road on NH (National Highway). if appropriate Weights and Measures stamping is required when retail selling permits are required for lands that are forested.

Documents Required for Nayara Petrol Pump:

  • Application form –Expression of Interest (EOI)
  • Site Plan
  • Photographs of the site
  • Land documents like sale deed, for lease land, land agreement
  • ITR for last three years
  • Pan card of the Applicant
  • Two passport photographs of the applicant
  • Financial documents of net
  • Demand Draft (Rs 3 lac)

How To get Nayara Petrol Pump Franchise

On their official website, you may submit an application for this franchise. There, you will receive a form to complete before being contacted by corporate representatives.

Is Nayara Petrol Pump Franchise Profitable?

The dealership business model ensures consistent operating profitability and a high return on investment while being both straightforward and profitable. a rental fee for the lease that has been mutually agreed upon for your property. 5 percent p.a. performance-based return on your infrastructure and on-site investment.

For State/National Highway, Nayara Petrol Pump generates a monthly net profit of Rs. 3,15,000. For rural areas, Nayara Petrol Pump's monthly net profit is Rs. 1,40,000. (Depends from location to location)

After analysing the search result, we found people are searching for "nayara petrol bunk franchise cost", Its the wrong word, pump not bunk.

Is Nayara Energy profitable?

In contrast to a net profit of Rs 2,500 crore in the financial year 2019–20, Nayara Energy, formerly known as Essar Oil, recorded a sharp decline of 82 percent in the combined profit after tax (PAT) to Rs 458.2 crore in the financial year 2020–21. Yet, it is really profitable.

How much do Petrol pump owners earn?

In India, a gas station owner can make up to Rs 3,58,000 per month. If you receive a commission of 3 Rupees per litre, your monthly total income will be 5,70,000 Rupees. (Depends though)

Who is the owner of Nayara Petrol Pump?

The executive chairman of Nayara Energy is Tony Fountain. Prior to joining Nayara Energy, he spent about 25 years in a variety of roles with British Petroleum.