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How much money do you need to open a gas station?
Asked by unknown
1 Answers
In order to buy the gas station and the property on which it stands will cost you approximately 1,940,000 dollars. It annually costs $250,000 to operate and you need around $160,000 annually to buy and stock products. At the end of the year you might, after all expenses have a profit of around $300,000.
How many gallons of gas are sold each day from a gas station?
Asked by unknown
1 Answers
The markup at the pump is about 15 to 20 cts/gal. From that the retailer need to deduct its costs. his net margin is about 3 to 5 cts per gallon sold. an average gas station sell about 4000 gallons per day i.e. an average of 200$ net per day for gasoline retail.