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A common question I get asked a lot, how do gas stations make money, especially when they hear the gasoline does not make much then how do we make money? Would you like to know too? Let’s do some calculation

GSB-38: How do Gas Stations Make Money?

Welcome to Gas station business 101 podcast, I am Shabbir Hossain, and this is episode 38. This is the only show of its kind where we discuss how to start, run and grow a gas station business successfully, and I give you an inside look at many real life case studies so you can follow and become successful in this business.

There are 3 ways a typical gas station/convenience store generates profit.

 

1. From Fuel Sales

• Regular unleaded
• Midgrade
• Premium
• Diesel

2. From Merchandise sales

• Cigarettes
• Tobacco
• Beer and wine
• Soda
• Coffee and Fountain
• Deli Food
• Automotive supplies/oil
• Candy
• Snacks, cookies, and cakes
• Other grocery items ketchup, rice, beans, can foods

3. From Other Sources of Revenue

• ATM
• Air/Vac
• Phone cards
• Lottery
• Game Machines
• Pay at the pump video ads

Sample Store Proft-Loss