If you are already baffled with the all the things you have to do and organize before even deciding where to set up your filling station, then we will help. We are here to present you with a business plan for LPG filling station that will help you run a successful business.
“A good plan violently executed now is better than a perfect plan next week.” George S. Patton. There are many articles about writing a business plan for your own startup, but why to wait when you can have a ready-to-use sample? This business plan will help you to develop an advanced outline of your activities, create a sound management structure and learn how to apply the concepts of stakeholder management in practice. All the major sales and marketing strategies are presented in this document, so it’s very convenient to adapt it to your own needs.
Business plan for lpg filling station
1. Introduction
LPG is a clean, safe and efficient fuel that can be used in many different applications. The LPG market in Nigeria is growing at an impressive rate and this is the reason why there is need for investment in LPG infrastructure. The LPG market is expected to grow at an annual rate of 20% between 2012 and 2020 according to figures from the World Bank and International Energy Agency (IEA).
The main drivers for this growth are increasing number of vehicles on road, rising demand for electricity and industrialization. To meet the increasing demand, filling stations must be constructed in strategic locations across the country to ensure that consumers are not left behind by this economic boom.
This project will focus on constructing an LPG filling station with a capacity of up to 10,000kg per day (inclusive of all costs). In order to achieve this goal, we will first look at current trends in the industry then review relevant literature about gas plants before presenting our own design for such a plant.
Executive Summary
The project involves the design and construction of a LPG Filling Station. The station will be located at ********* in Nigeria. It will include the construction of 1,500 meters of pipeline connecting to an existing gas line. The project will be completed in phases with Phase 1 being completed within 3 months and Phase 2 within 12 months.
Phase 1 entails the installation of two 150kg/h compressors, two 100kg/h storage tanks and a pump house. Phase 2 entails the installation of three 150kg/h compressors, six 100kg/h storage tanks and another pump house.
The business plan is based on our experience in building similar stations in Nigeria. We have designed this business plan using our own model as well as consulting other sources such as research from global experts, internet research, industry publications and trade journals among others.
We believe that our proposal can be adopted by anyone with basic knowledge of running a small business venture in Nigeria because it is simple yet profitable enough to attract potential investors who are interested in investing in businesses that offer high returns on investment (ROI).
LPG Filling Station Business Plan
This is a business plan for the establishment of a LPG (Liquefied Petroleum Gas) filling station in Nigeria.
The company will be located in Ibadan, Oyo State, Nigeria. The company is a subsidiary of a leading gas company in Nigeria. The main aim of this business is to provide the best service to LPG consumers and make money at the same time.
The business will be operated as an independent entity with all its assets and employees owned by the parent company. The parent company will pay for all expenses incurred by the subsidiary including salaries and maintenance costs; however, it will not invest any capital into this project. The parent company will also supply all necessary equipment needed by this project including fire extinguishers and safety equipment; however, they will not supply any raw materials required by this project such as gas cylinders or vehicles since these are readily available in local markets at affordable prices.
The project has been established to cater for customers who need refilling services using LPG cylinders because there are currently no filling stations in Ibadan that provide these services; hence there is an opportunity for us to open one in our neighborhood. We have chosen a location close to residential areas where most customers live so that
LPG is a clean burning fuel and as such is considered to be one of the best alternatives to petrol. LPG is made up of Liquefied Propane Gas and is often used in cars, trucks, boats and home heating systems. LPG can also be used in cooking stoves and refrigerators.
LPG is produced from crude oil under high pressure and low temperatures. It has been around for over 100 years and it has become more popular over time because it is cheaper than petrol or diesel. Many people are now opting to use LPG instead of other types of fuel because they have noticed that it can save them money in the long run.
The following are some advantages of using LPG:
• LPG is cheaper than petrol or diesel
• It produces less CO2 emissions compared to other fuels such as petrol or diesel
• It does not produce any smoke unlike other fuels like petrol or diesel
lpg filling station business plan
This LPG Filling Station Business Plan is a comprehensive outline of all the necessary elements that you need to include in your business plan to be able to get your project up and running. It includes a feasibility study, market analysis, marketing plan, financial statements, break-even analysis and much more.
*Please note that this document is intended for use by professionals only. You can buy the complete business plan here.
LPG Filling Station Business Plan: Sections