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Energy stations (gas) pay pretty well. Right now Tesla owns most of the electric world and even if their cars fail could become a dominant energy provider.
by mbernstein 3y ago
Energy stations (gas) pay pretty well. Right now Tesla owns most of the electric world and even if their cars fail could become a dominant energy provider.
- caf 3y agoDo they? I don't know what the situation is in North America, but here the business model of fuel stations is to sell fuel at near-zero margin and make the profit from impromptu sales to fuel customers in the attached convenience store.
- rootusrootus 3y agoMargins are tight in the US, a typical gas station has margins comparable to a grocery store. Something in the neighborhood of 2% IIRC. Adding a convenience store definitely helps increase that.
- bluGill 3y agoGenerally you aim for 1/3 gas, 1/3 tobacco, 1/3 snacks. While gas is by far the lowest margin, it is very high volume, with many people not buying anything else.
- bombcar 3y agoFast charging stations will likely eventually do even better with the required 15-30 minute stop encouragement toward a coffee or a snack.
- bluGill 3y agoProbably, but since most charging will be at home, there will be a lot less total $ in play. Great gig if you can be on a route people travel long distances, but otherwise not much profit.
- nomel 3y agoWow, this is fascinating. > their net profit per gallon is around $0.03-$0.07–after factoring in costs like labor, utilities, insurance, and credit card transaction fees. [1] Average store sells 3000 gallons per day [2], meaning $90 to $210/day profit. [1] https://fortune.com/2022/08/09/energy-profit-margins-gas-stations-proof-fuel-retailers-high-gas-prices-alex-kinnier/ https://fortune.com/2022/08/09/energy-profit-margins-gas-sta... [2] https://www.convenience.org/Topics/Fuels/Who-Sells-Americas-Fuel https://www.convenience.org/Topics/Fuels/Who-Sells-Americas-...