Have any correspondents any 'feel' for the type of GP% that a small operator should be looking for in respect delivering heating oil to domestic customers within a 20 mile radius of base?
Robert Clubb
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2 pence per litre
Work on the margin of 2 pence per litre and you won't be far out.
More than that will usually give a net profit for the firm.
Look out for settlement discounts at 0%, and also for domestic sales of less than 500 gallons being at 5% VAT.
The 2 pence per litre is the difference between buying and selling prices, you will also have delivery costs.
This industry is cut throat!