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Do you know anyone who owns a gas station?
Posted on 3/29/24 at 8:16 pm
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?
Do you know anyone who owns gas station(s)? Do they make a recent living doing it if so?
Posted on 3/29/24 at 8:17 pm to HailHailtoMichigan!
Yea I do. They both do pretty well
Posted on 3/29/24 at 8:17 pm to HailHailtoMichigan!
There's a guy on here who owns a few and drives a rolls.
Pretty easy to guess his ethnicity.
Pretty easy to guess his ethnicity.
Posted on 3/29/24 at 8:18 pm to HailHailtoMichigan!
They seem to be doing ok currently.
Posted on 3/29/24 at 8:22 pm to HailHailtoMichigan!
My grandfather owned a small one in the early 80s. I was told it paid the bills....but barely.
Posted on 3/29/24 at 8:23 pm to HailHailtoMichigan!
Yes.
Does well.
Former oilfield baw.
Great guy and family.
Does well.
Former oilfield baw.
Great guy and family.
Posted on 3/29/24 at 8:24 pm to HailHailtoMichigan!
You don't make money off the gas. You make money off what is inside.
Posted on 3/29/24 at 8:26 pm to HailHailtoMichigan!
Reepaahrtdeeptoopdeeptahp.
Posted on 3/29/24 at 8:26 pm to lsufan9193969700
I know a guy that has 6 in small towns.
Does very well, and he’s goofy as shite.
I know a couple in AR who were both pulling down good money as sales reps. They bought a convenience store/gas station and said it was the best thing they ever did .
Does very well, and he’s goofy as shite.
I know a couple in AR who were both pulling down good money as sales reps. They bought a convenience store/gas station and said it was the best thing they ever did .
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 8:28 pm to HailHailtoMichigan!
Yeah, they eventually made his kid the mayor of Jacksonville 

Posted on 3/29/24 at 8:31 pm to X123F45
quote:
drives a rolls.

Barbarian
Posted on 3/29/24 at 8:32 pm to HailHailtoMichigan!
Gas stations only make money from the c-store. Gasoline sales are irrelevant
Posted on 3/29/24 at 8:33 pm to HailHailtoMichigan!
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

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 on 3/29/24 at 8:34 pm to HailHailtoMichigan!
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 on 3/29/24 at 8:35 pm to X123F45
Thabigfella. Thanks to him I bought Visa in 2012 and it has blown up.
Posted on 3/29/24 at 8:36 pm to HailHailtoMichigan!
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.
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 on 3/29/24 at 8:36 pm to HailHailtoMichigan!
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.
They do well, very well. If they own the real estate they do even better.
Posted on 3/29/24 at 8:36 pm to HailHailtoMichigan!
Three words: Location, Location, Location.
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