Are you interested in starting with the Jio BP petrol pump dealership. Then you are in the Right place! Here you will learn about the requirements, investment costs, distributorship advertisements, and how to register online for a Reliance JIO Petrol Pump Dealership in 2024.
Franchise Brand Profile:
Brand Name: Jio BP Petrol Pump |
Legal Name: Reliance BP Mobility Limited |
Founder Name: Mukesh Ambani of Reliance Industries Limited |
CEO: Harish Mehta |
Founded Year: 2008 |
Industry: Oil & Energy |
Total outlet dealership: Over 1700+ Across India |
Headquarters: Ahmedabad, Gujarat, India |
Parnet: Reliance Industries, BP |
Company Employed: 11,000+ (2023) |
Specialties: Petroleum products, fuel, petrol, diesel, lubricants, auto LPG, engine oil, aviation turbine fuel, and packed LPG. |
Total Revenue: ₹14,869 crore (US$1.8 billion) (2023) |
About Jio BP petrol pump
Jio-bp is a joint venture between Reliance Industries Limited (RIL) and BP, two of the world’s largest energy companies. It operates over 1700+ petrol pumps across India, known as “Jio-bp Mobility Stations, Which is owned by mukesh ambani.
Jio BP petrol pump dealership franchise investment:
- Minimum investment of ₹2 crore for the dealership
Minimum land requirement of:
- 3,000 sq. Meters on highways
- 1,200 sq. Meters in cities
- 2,000 sq. Meters on roads
- The land should either be owned outright or have a minimum 20-year lease
- Applicants should be between 21-60 years of age
- Minimum educational qualification of 10+2 for rural outlets
Jio BP petrol pump dealership Profit Margin and Revenue Streams:
- Profit margin for Jio-bp petrol pump dealers is typically in the range of 5-10%.
- In addition to fuel sales, Jio-bp dealers can generate revenue from:
- EV charging and battery swapping services: Jio-bp aims to set up India’s largest network of electric vehicle (EV) charging stations and battery swapping infrastructure to support the growing number of electric cars and bikes
- Convenience store sales: You can find a variety of everyday essentials and snacks at the Wild Bean Café and convenience stores located within Jio-bp Mobility Stations
- Free 2-wheeler oil change service
- Fleet management solutions for commercial vehicles
- On-demand diesel delivery for enterprises
These value-added services not only enhance the customer experience but also contribute to the company’s revenue streams, making it an attractive investment proposition.
Jio BP petrol pump dealership Support & Training:
As a Jio-bp dealer, you will receive comprehensive support and training to ensure the success of your business. This includes:
- Assistance in obtaining necessary approvals and licenses
- Training on operational procedures and safety protocols
- Marketing and branding support to promote your outlet
- Regular monitoring and guidance from Jio-bp representatives
Jio BP petrol pump dealership Documentations Required:
- Aadhaar, PAN, and Voter ID cards
- Residence and/or Age Proof
- Copy of Business Registration (Proprietorship, Partnership, Pvt ltd)
- void the business account check.
- Registration for GST.
- Land Titles such as Sale Deeds and Lease Deeds.
Jio BP petrol pump dealership Licences Required:
- A local authority trade licence.
- District Magistrate’s/NOC. DC’s
- from NHAI: NOC (If the project area is in NH)
- Certificate for the dispenser machine from the Department of Weights and Measurements.
- Permission from PESO (Petroleum & Explosive Department.)
- Certified copy of the DC location map.
- All necessary statutory approvals from the competent authorities (as determined by the JIO-BP Executive)
The process of Applying Jio BP Petrol business:
- Visit the official Jio-bp website (www.jiobp.com) and click on the “Partnership” section.
- Select the “Petroleum Retail Outlet Dealership” option.
- Fill out the online application form with your personal, contact, and business details.
- Upload the required documents like proof of identity, address, investment capability, and land ownership/lease.
- Submit the application form.
After submitting the application, you will be contacted by Jio-bp representatives for further evaluation and processing of your application.
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Expansion Plans and Network Growth:
Jio-bp aims to expand its network of petrol pumps across India, with plans to set up over 5,500 outlets in the coming years. The company has already established a presence in over 20 states and union territories, with a network of more than 1,700 mobility stations as of 2023.
The joint venture’s expansion strategy focuses on both dealer-owned, dealer-operated (DODO) and company-owned, company-operated (COCO) models. This approach allows Jio-bp to leverage its partnerships with local entrepreneurs while also maintaining control over select strategic locations.
Also Read this: Zudio Franchise Cost, Fees and Profit in India 2024
JIO Petrol Pump Dealership Contact Number
Email: customercare.petroleum@jiobp.com
Phone: 1800-891-9023
Official Website: https://www.jiobp.com/
It's important to note that Jio-bp follows a professional and comprehensive approach for selecting channel partners and does not demand money or deposits from the general public or prospective partners before processing the application
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FAQ:
Harish Mehta, CEO of Jip BP petrol pump
Visit the Jio-bp website, fill out the online application form, and submit the required documents. After evaluation, Jio-bp representatives will contact the applicant for further processing.
The profit margin is typically in the range of 5-10%.
Applicants must be between 21-60 years of age. The minimum educational qualification is 10+2 for rural outlets.
The minimum investment required is ₹2 crore
The minimum land requirement is:
3,000 sq. meters on highways
1,200 sq. meters in cities
2,000 sq. meters on roads
The land should either be owned outright or have a minimum 20-year lease.
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I interested jio BP petrol pump dealership
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