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Message: <blockquote data-quote="ace79" data-source="post: 1608624" data-attributes="member: 4828">Petrol station? Nowadays, whether your have the land or not doesn't matter. If you don't have at least RM 300k for a petrol station, forget it.Best petrol company ( for those who's interested to be dealers ) nowadays is Shell and Petronas ( although until today, Petronas fuel quality is still a question ).Other than lots of cash ( and the ability to hold on to the station for the 1st few years, as the probability of your making profit for the 1st year is slim ), you have to be a very patient man, able to spend at least 10 hours a day at the station, must know inside - out of the station, from repairing the pump hoses to troubleshooting computer platforms used in today's petrol stations.Business politics is another matter also.Location : go for newly - developed housing estates. Depends on which kind of housing estates you locate your business to, it's gonna be either : a good cash flow due to more cash sales, or a dire cash flwo due to more credit card sales.Best location for a petrol station is always at the main entrance of the said housing estate.The problem of CCs is that the banks charge a certain amount to the dealers. That is why they ask for a minimum of purchase if you want to use a CC. Same lah at other business / shops oso.A correctly - located petrol station that's been properly run and the towkay knows to keep his books in order, can make lots of moolah, that's for sure. And keep to those 2 major petroleum companies, and God - willing, you'll do fine.</blockquote>

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