Bigbill found a small gas station/store for sale

[bigbill365]

Found a gas station/store for sale with 2 fully operable gas pumps it’s right off a snowmobile and dirt bike trails. Anyone have experience with this? Offer is only $130,000

 

[ttwarrior1]

if serious, get it
The money you make on other things make it worth it

 

[jjgold]

It’s a depends how much money you can make on other things as they’re a little store in there

 

[europro]

Found a gas station/store for sale with 2 fully operable gas pumps it’s right off a snowmobile and dirt bike trails. Anyone have experience with this? Offer is only $130,000

This guy has deep pockets man

 

[Archie]

get some primo dick pills and truck pseudo meth and word will spread

 

[djefferis]

Had a C-store/liquor store in the family for a little over a decade.

Overall - profitable and excellent way to hide some income IF you work it yourself.

Fuel brings in alot of $$ - but you make nothing on it often - sometimes lose. If it’s off the main highways - it actually helps. Yes, you make less revenue - but you aren’t seeing margins pressed and can sell higher margin stuff like pure gas (since you’re dealing with bikes and sleds).

Can make decent money with a small deli/sandwich selection if you have good/reliable help.

 

[BigJay]

Can make decent money with a small deli/sandwich selection

 

[BobbyFK]

Is it in a high traffic location? Why are the current owners selling it? I would be asking a lot of questions and doing tons of research before diving in.

 

[europro]

View attachment 82777

Jay put some money down with him

 

[DiggityDaggityDo]

If theres room for a glory hole you could hire JJ and you can both make a little extra $$$$

 

[dustyy]

Get the financials before you do anything else

 

[djefferis]

Get the financials before you do anything else

Financials only tell you how well the LAST person managed things.

Traffic count is much more important - as well as knowing what type of customer you’re going to potentially attract.

A small shop with no competition nearby next to a state park / campground for example that draws tourist for example is a gold mine. You have people who depend on you - have cash ready to spend and who will pay gas station prices on snacks/drinks as well as a premium for fuel. Compare that to an independent station on the interstate where you likely will face corporate competition who will underprice you until your gone.

Know your markets and find a niche - key is make sure no one else can muscle in once you get established - I/E liquor license and making sure no one else can get one near you. The moment you start showing a real profit - too many people will jump in split the market until it’s profitable for no one.

 

[jamesy2422]

hire 2 lot lizards to service the truckers

 

[djefferis]

Who owns the tanks/dispensers ? What’s the current agreement with distribution?

130k is about half what a new small set up cost.

If those tanks are near requiring replacement - there’s a HUGE bill awaiting someone and by law they must be replaced every so often. If those things leak - it gets pricey FAST. Remediation is ungodly expensive.

You want a profitable business - buy an excavator for $130k and hire a couple of day laborers and a truck and call yourself a remediation company. Seriously - those guys make $$$.

 

[edawg]

Sell fried chicken out of it that is how the colonel started.

 

[jjgold]

A lot of hours and you have to be there or you’ll get robbed by employees

 

[djefferis]

Sell fried chicken out of it that is how the colonel started.

Best damn fried chicken I’ve had in my life came from a gas station/u-haul rental place down in NC.

Place looked sketchy as hell (and it was) - but was on DoorDash so rarely ever drove there.

 

[209life]

Most gas stations round here have a small food business within the liquor store itself. The one I go to rents a small space out to a taqueria.

 

[djefferis]

A lot of hours and you have to be there or you’ll get robbed by employees

That’s the genius of a seasonal place near campgrounds - you only really work 9 months a year at most.

Open early - like 6am until 9, get someone to help between 9-5 and be ready for lunch crowd by Noon-2. Then have a part time person closing from 5-10 every night.

You won’t have as much traffic after 4 - but there will be some. Early and lunch are the busy times for campers and people riding public trails.

 

[djefferis]

Most gas stations round here have a small food business within the liquor store itself. The one I go to rents a small space out to a taqueria.

This too - if it’s a small space and no room for food - rent space to a food truck.

Take a percentage of sales vs. fixed rent.

Free coffee goes a long way too with drawing customers.