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Do you know anyone who owns a gas station?

Posted on 3/29/24 at 8:16 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69397 posts
Posted on 3/29/24 at 8:16 pm
Supposedly it’s the most common enterprise that immigrants to America engage in, due to low barriers to entry, low capital costs, and a constant, solid ROI.

Do you know anyone who owns gas station(s)? Do they make a recent living doing it if so?

Posted by geauxfortwo
Livin the dream
Member since Jan 2018
1922 posts
Posted on 3/29/24 at 8:17 pm to
Yea I do. They both do pretty well
Posted by X123F45
Member since Apr 2015
27504 posts
Posted on 3/29/24 at 8:17 pm to
There's a guy on here who owns a few and drives a rolls.

Pretty easy to guess his ethnicity.
Posted by SUB
Member since Jan 2001
Member since Jan 2009
20974 posts
Posted on 3/29/24 at 8:18 pm to
They seem to be doing ok currently.
Posted by lsufan9193969700
3 miles from B.R.
Member since Sep 2003
55145 posts
Posted on 3/29/24 at 8:22 pm to
My grandfather owned a small one in the early 80s. I was told it paid the bills....but barely.
Posted by IndianPower
Louisiana
Member since May 2021
753 posts
Posted on 3/29/24 at 8:23 pm to
Yes.

Does well.

Former oilfield baw.

Great guy and family.
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
45235 posts
Posted on 3/29/24 at 8:24 pm to
You don't make money off the gas. You make money off what is inside.
Posted by McLemore
Member since Dec 2003
31562 posts
Posted on 3/29/24 at 8:26 pm to
Reepaahrtdeeptoopdeeptahp.
Posted by DavidTheGnome
Monroe
Member since Apr 2015
29248 posts
Posted on 3/29/24 at 8:27 pm to
quote:

due to low barriers to entry, low capital costs,



Except for building the station? I dunno that seems significant but maybe immigrants have more money than I thought
Posted by MoarKilometers
Member since Apr 2015
18094 posts
Posted on 3/29/24 at 8:28 pm to
Yeah, they eventually made his kid the mayor of Jacksonville
Posted by Samso
nyc
Member since Jun 2013
4735 posts
Posted on 3/29/24 at 8:32 pm to
Gas stations only make money from the c-store. Gasoline sales are irrelevant
Posted by North Dallas Tiger
United States of America
Member since Mar 2024
2787 posts
Posted on 3/29/24 at 8:33 pm to
bro

hell the frick yeah

i know like 10-15 different ones all around my neighborhood

they make money off me and provide convenience and petrol in return

life



Posted by tigersbh
Baton Rouge
Member since Oct 2005
10350 posts
Posted on 3/29/24 at 8:34 pm to
My uncle owned one in Jackson a long time ago. I don’t know how much money he made but one of his regular customers was Walter Payton. Payton always paid with a $100 bill. lol
Posted by New Hampshire Tiger
Member since Sep 2023
499 posts
Posted on 3/29/24 at 8:36 pm to
Lays are $0.70. Coke is $0.86 and Tom's are 16 cents per bag.

A drink fountain costs you a nickel @ $0.99 cents for 3 times.

Gas pays 10%.

You are looking at $55,000 per year after expenses.

Get two, if you can.
Posted by Rendevoustavern
Member since May 2018
1566 posts
Posted on 3/29/24 at 8:36 pm to
Worked for a family enterprise that owned 167 individual locations. Now I have 13 clients that own 21 locations.

They do well, very well. If they own the real estate they do even better.
Posted by auggie
Opelika, Alabama
Member since Aug 2013
28254 posts
Posted on 3/29/24 at 8:36 pm to
Three words: Location, Location, Location.
Posted by White Bear
Yonnygo
Member since Jul 2014
14071 posts
Posted on 3/29/24 at 8:37 pm to
Don’t want no hahkin on my bred mother fricka
Posted by TheWalrus
Member since Dec 2012
40786 posts
Posted on 3/29/24 at 8:38 pm to
Seems like it would be difficult to staff them
Posted by Rust Cohle
Baton rouge
Member since Mar 2014
1971 posts
Posted on 3/29/24 at 8:44 pm to
Twitter, I mean X, gas biz guy
Posted by Spankum
Miss-sippi
Member since Jan 2007
56126 posts
Posted on 3/29/24 at 8:44 pm to
I don’t think they clear much unless you want to work in it yourself. Getting dependable help to be a cashier in a convenience store is a royal pain in the arse and your own employees will steal all your profits if you are not also working in the place.
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