Is owning a gas station worth it?
Because America's fuel demand is always increasing, that is why it is a good investment to buy a gas station makes a good small business investment. Our economy literally runs entirely on gasoline. Trucks are needed to transport goods and people need to drive to work.
Is owning a gas station profitable?
Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year.
How much does it cost to invest in a gas station?
As we mentioned before, starting a gas station has a high financial entry barrier. You should expect to secure at least $300,000 to cover the following startup costs: Purchasing the location. Business insurance.