3 ms·
Most restaurants have much lower margins than convenience stores I would guess.
by bagels 3y ago
Most restaurants have much lower margins than convenience stores I would guess.
- cyral 3y agoThey are probably thinking gas-station's with more than just snacks, e.g. wawa, sheetz
- OJFord 3y agoI'd guess so too, bigger ticket though, could believe they'd profit more from a meal while EV charges vs average convenience sale while nipping in to pay for fuel (that's only if you don't pay at pump anyway), which I think is GP's point.
- tech_ken 3y agoAnd their biggest margin item is alcohol, which is kind of a non-starter for a roadside restaurant.
- hiatus 3y agoEr, what? Don't they sell beer and wine at the roadside in Europe? At gas stations and rest areas even?
- tech_ken 3y agoDo they? As in for immediate consumption on the premises? Or packaged to-go? The latter seems reasonable, but the former seems like a somewhat dangerous idea. Maybe I'm just too US-centric
- pjc50 3y agoUsually to-go, yes. It seems in the UK that it's possible but discouraged to sell for on-premises: https://motorwayservices.uk/Alcohol https://motorwayservices.uk/Alcohol
- Ekaros 3y agoDepends on store. One at gas station usually have high margins, probably lower volume. On other hand regular stores have very low margins. They just have massive volume. Convenience stores by my understanding are one of the lowest margin businesses. Maybe with selling gas.