How much is a Pemex franchise?

Pemex has a one-time Ps460,000 ($25,400) fee for franchisees and an annual assessment of Ps0.

Is Pemex the only gas station in Mexico?

Pemex gas stations are the only official outlets where you can purchase fuel in Mexico. The unleaded gasoline is called ‘Magna Sin’, which is supposed to have an octane rating of around 90.

How much does it cost to open a gas station in Mexico?

While a current service station requires an investment of between 20 and 30 million Mexican pesos ($1.1 million to $1.5 million), the price of portable gas stations is between 6 and 9 million pesos ($305,000 to 460,000).

Who owns Pemex in USA?

the Mexican government
Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [ˈpemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.

Is Pemex still a monopoly?

Pemex, Mexico’s state-owned petroleum company, has enjoyed a monopoly on petroleum for the past 8 decades, but its last monopoly—retail gas—has now been broken.

Who funds Pemex?

Where is Pemex ‘s headquarters? Pemex is located in Mexico City, Distrito Federal, Mexico . Who invested in Pemex? Pemex has 3 investors including SMBC Venture Capital and Barclays .

Is a gas station a good investment?

Gas stations prove to be a popular investment because of its lucrative nature as it provides the owners with a stable yet easy business to operate.

Is Pemex a private company?

Pemex (a portmanteau of Petróleos Mexicanos, which translates to Mexican Petroleum in English; Spanish pronunciation: [ˈpemeks]) is the Mexican state-owned petroleum company managed and operated by the Mexican government.

Is Pemex owned by government?

Is gas station a good investment?

Because America’s fuel demand is always increasing, that is why it is a good investment to buy a gas station makes a good small business investment. Our economy literally runs entirely on gasoline. Trucks are needed to transport goods and people need to drive to work.