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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
71368 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
1980 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
28700 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
Silver Tier TD Premium
Member since Jan 2009
23077 posts
Posted on 3/29/24 at 8:18 pm to
They seem to be doing ok currently.
Posted by lsufan9193969700
Madisonville
Member since Sep 2003
55698 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
1036 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
47524 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
33564 posts
Posted on 3/29/24 at 8:26 pm to
Reepaahrtdeeptoopdeeptahp.
Posted by Lou the Jew from LSU
Member since Oct 2006
4994 posts
Posted on 3/29/24 at 8:26 pm to
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 .
Posted by DavidTheGnome
Monroe
Member since Apr 2015
30481 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
19813 posts
Posted on 3/29/24 at 8:28 pm to
Yeah, they eventually made his kid the mayor of Jacksonville
Posted by Jack Daniel
Gold member
Member since Feb 2013
27385 posts
Posted on 3/29/24 at 8:30 pm to
Baw Ahmed?
Posted by jefforize
Member since Feb 2008
45008 posts
Posted on 3/29/24 at 8:31 pm to
quote:

drives a rolls.




Barbarian
Posted by Samso
nyc
Member since Jun 2013
4930 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
13008 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
11970 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 Jake88
Member since Apr 2005
75037 posts
Posted on 3/29/24 at 8:35 pm to
Thabigfella. Thanks to him I bought Visa in 2012 and it has blown up.
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
1694 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
29622 posts
Posted on 3/29/24 at 8:36 pm to
Three words: Location, Location, Location.
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