Cost and Investment
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What is the cost to buy a gas station franchise? The cost varies widely based on location, size and amenities. Expect an investment between $100,000 to $500,000+. Financing options include SBA loans. An existing station with 4 pumps costs around $200-300K. For a built-from-scratch station, costs often exceed $1 million.
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How much does it cost to buy a gas station in the US? Gas stations can generate healthy profits when well-located and well-run. However, profitability depends largely on uncontrollable factors like fuel prices.
Profitability and Management
- Profitability and Challenges On average, gas stations net just 1-3 cents per gallon sold. Most gas station owners average $60,000-66,000 in annual profits. Owning a fuel station provides income stability as demand for gas stays consistent. However, managing volatile fuel prices poses challenges. Success requires strong vendor relationships and cost control. Like any small business, proper planning and savvy management determine profitability. Steady traffic and multiple profit centers offset slim fuel margins. Careful analysis of costs and potential risks is needed before buying. Controlling expenses is key along with securing financing early.