Do the recent hikes in business rates pose a serious threat to your petrol retailing business?
Tesco stole a march on its major supermarket rivals this morning by announcing it is to cut the cost of petrol and diesel by 2ppl at all of its petrol stations this afternoon.
Top 50 Indie Euro Garages has opened another new to industry site which includes a Sainsbury’s Local store as part of its partnership with the supermarket group.
Top 50 Indie MRH has commenced a knock-down rebuild (KDRB) of its BP petrol filling station at Forder Valley Road in Plymouth, which includes an expanded convenience store on the site.
A developer has applied for planning permission for a service station on the A41 near Newport in South Wales.
FUEL PRICES - WHOLESALE
FUEL PRICES - Retail
LOCATION: Just on the edge of the town of Nailsea, is the prize-winning Tout's Budgens store.
Literally absolutely powerless
Can you imagine having your petrol station and adjacent MOT business and car wash being without power for nine days? Nine hours is crippling enough.
In the course of any business there comes a time when the owners think about selling up. If the business is successful they might want to get out at a reasonably early age and enjoy a long retirement somewhere sunny. If the business is very successful, someone may come along out of the blue with an offer to buy them out before they've even thought about retirement. Usually it comes down to age and/or personal circumstances. Nobody really wants to work until they drop especially in a hard business like petrol retailing. Eventually the question that most operators ask themselves is "How much is my business worth?" Usually the next person they ask is their accountant.
T hey say that only a minority of people are in the right job well I consider myself one of the fortunate few. Of course, it would be wrong to say that every day is perfect, but overall I enjoy my work and often describe it as an addiction in a good way, I hasten to add. I have a great love of variety and a restless nature so being out and about is what suits me best, and as anyone in field sales knows, variety and being out are among the few guarantees of the job.