Posted by jamesgangnc on January 26, 2010, 2:22 pm
> mkirs...@rochester.rr.com wrote:
> >> Not only that but they dont make any money when they have no power.
> > Gas station owners don't make any money off the gas even when the
> > power is on. I've heard on more than one occasion that only a few
> > cents per gallon goes to the store owner. Out of that they have to pay
> > a licensing fee to the oil company, upkeep on the pumps, etc...
> So, if buy gas at a gas staiton that only sells gas and oil, doesn't have a
> store, and doesn't fix cars...., am I to assume that they are not making any
> money? Why else would they be in business?
You have gas stations that only sell gas and oil? We sure don't have
any of those here in NC. There is a profit margin on gas but it's
generally pretty small. Store sales profit margin is 50% or higher.
Posted by N8N on January 26, 2010, 3:20 pm
> mkirs...@rochester.rr.com wrote:
> >> Not only that but they dont make any money when they have no power.
> > Gas station owners don't make any money off the gas even when the
> > power is on. I've heard on more than one occasion that only a few
> > cents per gallon goes to the store owner. Out of that they have to pay
> > a licensing fee to the oil company, upkeep on the pumps, etc...
> So, if buy gas at a gas staiton that only sells gas and oil, doesn't have a
> store, and doesn't fix cars...., am I to assume that they are not making any
> money? Why else would they be in business?
most of their money comes from the snacks and drinks. Seriously.
nate
Posted by mkirsch1 on January 26, 2010, 5:04 pm
> So, if buy gas at a gas staiton that only sells gas and oil, doesn't have a
> store, and doesn't fix cars...., am I to assume that they are not making any
> money? Why else would they be in business?
I've never seen a place that was 100% gas and oil only. Even the most
basic gas station has a stand-up cooler with overpriced bottles of
soda next to the cash register, and a rack of smokes.
Judging by the looks of those places, though, I would say you're
making a pretty safe assumption. Dirty, run-down, old pumps, potholes
in the lot... They're not making any money, or they'd make
improvements.
Why do they stay in business? Sheer stupidity, possibly. Who knows?
Lots of people will continue to forge ahead with a failing business
long after it's clear that there's no future.
Some of the places are owned by the fuel distributors, though. I know
of two here locally that have signs proclaiming that they're owned by
such-and-such oil company... That's called double-dipping. Not only do
they get the distributor's cut, they also get the gas station's cut.
Posted by Robert Neville on January 26, 2010, 5:21 pm
mkirsch1@rochester.rr.com wrote:
>Some of the places are owned by the fuel distributors, though. I know
>of two here locally that have signs proclaiming that they're owned by
>such-and-such oil company... That's called double-dipping. Not only do
>they get the distributor's cut, they also get the gas station's cut.
Same here. Pumps aren't the latest gee wiz built in advertising monsters, but
the gas comes from the same place.
Posted by Stormin Mormon on January 26, 2010, 8:13 pm
I can't say as I know of any "gasoline only" retail. Every
one I know, has mini mart as part of the operation.
According to some, they would be in busines "because others
have a need".
--
Christopher A. Young
Learn more about Jesus
www.lds.org
.
wrote in message
So, if buy gas at a gas staiton that only sells gas and
oil, doesn't have a
store, and doesn't fix cars...., am I to assume that they
are not making any
money? Why else would they be in business?
> >> Not only that but they dont make any money when they have no power.
> > Gas station owners don't make any money off the gas even when the
> > power is on. I've heard on more than one occasion that only a few
> > cents per gallon goes to the store owner. Out of that they have to pay
> > a licensing fee to the oil company, upkeep on the pumps, etc...
> So, if buy gas at a gas staiton that only sells gas and oil, doesn't have a
> store, and doesn't fix cars...., am I to assume that they are not making any
> money? Why else would they be in business?