Spain: Fast Fuel closes first half of 2019 with 15 sites
The low-cost fuel retailer operates six stations, four more are under construction and it expects to build a further five sites shortly.
The Spanish company Fast Fuel will close the first half of 2019 with a total of 15 low-cost petrol stations in operation. Of the total, six of them are already active locations in Madrid, Extremadura, Castilla La Mancha and Andalusia, as well as one in Portugal.
In addition, Fast Fuel is finalising the launch of four more fuel stations located in Asturias, Jaén, Madrid and Granada. The company is also planning to build five new sites in Madrid, Alicante, Huesca, León and Segovia.
The investment required to open a Fast Fuel franchise starts at 225,000€, and can range from a single pump to a complete petrol station - attended or unattended - and to a large service station of up to 8 lanes. The intermediate category includes the standard model, which consists of 4 dispensing points with an area of 400 m2 for an investment of around €265,000.