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Status: (7) Lexus
Joined: Oct 2009
Posts: 346
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Expertise: Fastlane Student
Locale:
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Re: Buying a Gas Station
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Dec 1st, 2009, 11:42 AM
#4 (permalink)
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I have always wanted one, but I believe that the best way to make money is through the sale of other items.
Have a donut/coffee shop, and if you can stick in a subway, do that there. Sell the gas as low as possible and make a profit of 5cents for every gallon, pretty much be the cheapest station around, then rake in your profit from the other things you sell.
There is a gas station out here that consistently sells their gas 10cents cheaper and while they have around 20 cars pumping gas, the other stations around will have 1 or 2 at best. They might not make profit from their gas, but from selling cigarettes, candy, cookies, and the fried chicken, they more than make up for it.
Ecclesiastes 10:19
A feast is made for laughter, and wine maketh merry: but money answereth all things.
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