Are gas stations a good investment?

Question

Any ideas on the amount of return?

Answer 1

do you mean owning a gas station property? or operating a gas station owned by an oil company like Exxon? I think a lot of the gas station properties are owned by the oil companies and leased to operators. even though gas has been going up in price lately, the markup is not very high, and there's a lot more competition lately from Wal-mart and other retailers selling gas for cheap to get the traffic. Another thing is, a lot of gas stations have underground tanks that leak gas into the surrounding water table...when this happens the owner has to spend huge amounts to clean it up. gas station owners are frequently sued over groundwater contamination which can obviously be pretty expensive.

Answer 2

Are Gas Stations Good Investments

Answer 3

gas stations are a great long term investment you will not see any profits for the first 3-5 years depending on location and competition in the surrounding areas. yo can save some upfront cost if it is a full service station because you can rent the service area out to a local mechanic or smog certified technician and it will cut down on the price of your monthly payments for your location.

Answer 4

Gas stations are top shelf investments:)

gdz,

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