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Selling gas by itself isn't profitable (10 cents or less profit per gallon). Hence most gas stations are either glued to carwashes, or have convience stores as
by razzmataz 18y ago
Selling gas by itself isn't profitable (10 cents or less profit per gallon). Hence most gas stations are either glued to carwashes, or have convience stores as a side, with a few outliers that dabble in car repair.
- sanjayparekh 18y agoAbsolutely correct. Part of the reason for the post was to show how obvious it is (during our current gas shortage situation) that there are more gas stations than consumers really need. If there weren't, there would be lines and shortages until all the gas stations opened back up (or perhaps we were at 90%). In fact, things went back to "normal" when there were about half of all stations back open. This is the same thing you see with Internet (and other) businesses. As entrepreneurs we should all try to be a little more intelligent about what arenas we're entering so that we don't waste our time and lose (admittedly lemming like) investor money.