With more than 4600 fuel forecourts currently in operation and more expected in the future, this industry is rapidly growing as a key driver of revenue for fuel stations in South Africa.

Ronél Fester
Ronél Fester, FNB franchise industry specialist, said that the success and profitability of fuel forecourts lies in their ability to understand and meet the ever-changing needs of consumers, while conveniently providing them with exceptional service at any time of the day. Even in the toughest economic conditions this business model has proven to be successful for service stations.
For instance, convenience shopping currently allows consumers to fill their petrol tanks, buy coffee, muffins - or even fresh fruit - while on their way to work. This gives fuel retailers a competitive edge and the opportunity to penetrate a growing market.
A battle for market share
“As more retail brands invest in this concept, competition has increased, leading to a battle for market share. Therefore, fuel retailers should constantly aim to innovate, reinvent themselves and keep abreast of industry developments to remain relevant,” said Fester, as she unpacks four trends currently shaping the sector:
“Like any other business, the fuel retail sector is not immune to economic headwinds; in fact, it is not an easy sector to operate in. However, it is by far one of the industries that still offers growth potential for entrepreneurs that are not afraid of challenges,” concluded Fester.