The low-cost gas station chain Fast Fuel has seen a growing interest from an unexpected professional group: dentists. These professionals have found an attractive investment opportunity in Fast Fuel’s business model, representing 25% of the company’s franchisees. The high profitability, around 18%, combined with a simple operation that allows for balancing with other activities, has been a magnet for these investors.
Fast Fuel currently operates 16 service stations that stand out for their innovative management. Thanks to the integration of telematics technology, they offer fuel at prices 12% lower than traditional gas stations. This highly automated model does away with on-site personnel, operating 24 hours a day with remote assistance for customers, providing a safe and efficient service.
True to its commitment to the environment, Fast Fuel has incorporated sustainable measures in its stations, such as electric charging points, and partners with suppliers that meet high ecological standards. In its ambitious expansion plan, the company plans to open 20 more stations in the next two years, consolidating its presence in the Iberian Peninsula.
Offering different investment options, Fast Fuel allows for the opening of small stations with an initial investment below 250,000 euros, while larger stations, which may include additional services, require a higher investment but also promise an annual turnover of around 1.5 million euros. This approach has been made possible by the liberalization of the hydrocarbons sector since 2014, allowing Fast Fuel to stand out with a modern image and process optimization.
As part of its value proposition, Fast Fuel has developed an app that allows companies to control fuel expenses, store cards, download invoices, and offer loyalty benefits. This innovation not only reflects the company’s modernity but also underscores its commitment to continuous improvement and customer satisfaction.
Source: MiMub in Spanish
