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National Fuel Company - Petromin

Contract Duration
5 Years
Investment Amount
from 3M to 7M SR
Franchise Fee
200,000
Number of Branches
110
Country of Origin
Saudi Arabia
Franchise Type
Multi Units
Brand Establishment Date
03-02-1969
Required/Expected Capital Amount
3,000,000
Sector
Fuel Retail
Is there a specific location for the opportunity?
Yes
Ongoing Administration Fees
3 %

Brand Activity Description

Petromin Company is a pioneer in the field of manufacturing and marketing lubricants locally and internationally and one of the first companies qualified to establish, manage and operate fuel stations, in addition to entering the field of car services in the Kingdom and achieving success in the two mentioned sectors.

General Information

Training and Support available for the franchisee

Necessary training is provided

- Administrative training

- Operational training

- Financial training

Required Criteria for Accepting Franchisee

Has an Active CR
Has Business Capital
Has Financial Coverage

Financial solvency

Financial solvency and assets of the applicant for the mark, with bank financial statements or owned assets

Headquarter Address

Kingdom of Saudi Arabia - Jeddah - Al-Muhammadiyah District - Aya Mall