Who is the owner of Engen?
PETRONAS
Engen is majority owned by PETRONAS (74% holding), one of the world’s leading oil companies and a member of the FORTUNE 500. PHEMBANI, a black-controlled South African company focused on the broader energy sector, holds 21.2%, while a Phembani-led consortium holds the remaining 4.8%.
How much does it cost to build a petrol garage in South Africa?
Starting a petrol station in South Africa can be expensive, with costs ranging from R14 million to R20 million excluding the property. Buying an established franchise brands can cost from R2 million to R30 million excluding the property.
Which is the best quality fuel in South Africa?
Sasol: Sasol is the leading petrol station brand in South Africa. It is known for its high-quality fuel and its convenient locations.
How much does an Engen franchise cost?
For a franchise of this size and volume, Engen is asking for R8. 39 million, which includes a R1. 5 million working capital requirement. Franchisees must have 20% of this as unencumbered cash.