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Originally Posted by Irish mist
Dpg......my family, grandfather & father, owned a gas station business between them for over 60 years. If not for the mechanic work, snow plowing contracts, and toward the end food sales, they could never have made a living on just selling gas, the profit per gallon is very tight. You don't have to believe it......but it's common knowledge in the business.
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If all this is true..... How do the people that operate stictly just gas station stay in Business.... I have several around me that just sell gas... and believe me they are not hurting.....
The truth, as long as high volumes are paired with a small profit margin it all works out in the wash.... just becuase the profit margin isn't as big as a loaf of bread doesn't mean it doesn't work.
Could a Gas station in the lakes region servive without a convience or repair operation? probably not..... There isn't always enough volume.....
Bars have one of the best profit margins I know of..... But yet I see alot of them struggle...... why? If they don't get enough volume even the best margin doesn't help.......