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re: Do you know anyone who owns a gas station?
Posted on 3/29/24 at 8:27 pm to HailHailtoMichigan!
Posted on 3/29/24 at 8:27 pm to HailHailtoMichigan!
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 on 3/29/24 at 9:10 pm to DavidTheGnome
quote:
Except for building the station? I dunno that seems significant but maybe immigrants have more money than I thought
Sometimes they don’t own the physical station. They lease it from the fuel distributor or a 3rd party owner.
The fuel distributor gets the cash from processing the fuel purchases and they also maintain the pumps. On the other hand, lotto tickets, booze, cigarettes, and other snacks inside are profit centers for the individual station.
This post was edited on 3/29/24 at 9:11 pm
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