Owning a gas station continues to be a stable business. Having worked with many customers on selling and buying shell gas stations in US, here are our thoughts and recommendations. It is somewhat unique to different industries because the gas and oil industry changes and advances constantly. In any case, regardless of changes in the types of fuels utilized as a part of vehicles now and in the future, customers will certainly need stations to dispense these fuels. The industry continues to see steady growth. Factors like comfort alternatives, volume of gas sold, quality of equipment and location will all affect profitability and the initial purchase price. Notwithstanding, changes in the economy and savage competition are known risk factors that must not be neglected.
There are two types of shell gas stations in US: accommodation stores that sell shell gas and shell gas stations with stores. How about we define the difference to avoid any confusion.
Accommodation stores that sell gas operate like small-scale supermarkets selling food items in addition to selling gas. Fuel stations with a store primarily sell gas, additionally sell snacks and travel items and may have a car wash and or a vehicle service station for oil changes and other mechanical services. The Georgia locations hired my guy at pressure washing Gainesville Ga to clean all of the exteriors of the stores a few years ago. If the gas station has a comfort store associated with it the value will be higher as the items in the store typically have a high profit margin and can account for as much as 80% of profits. Although fundamentally the same, it is important to know the differences when looking at the purchase price. The higher the profit margins, the higher the asking price.
Further examination of pricing and profits is related to the volume of gasoline sold and the station’s location. At the point when buying shell gas station, search for Continue reading