Is this a smart investment?
Is this a good investment?
I want to buy a service station with Mart/Gas/Wash and Mechanic area. How much should I be expetected to pay? How much a year will I earn? It the business labor intensive meaning I am there the whole time 24/7? The owner claims earnings of 150k per year. Do gas stations owners work like slaves? Is it better to buy one with land as part of the business. What kind of financing could i get? Do Sba loans work? Is employee turnover a problem? Will I become rich owning service stations?
2007-03-04 12:24:44 · 1 answers · asked by Suzy V 1 in Business & Finance ➔ Other - Business & Finance
I can't imagine that you would make a big profit from buying a service station. If you can make 150k a year working a service station, why even bother going to law school or medical school to become a lawyer or doctor? Doesn't seem like it makes sense.
2007-03-04 12:31:31 · answer #1 · answered by F1reflyfan 4 · 0⤊ 0⤋