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>I remember talking to a friend who worked for an oil company, who told me that the shops at gas stations actually make 2-3 times more than the revenue generate
by mistercow 14y ago
>I remember talking to a friend who worked for an oil company, who told me that the shops at gas stations actually make 2-3 times more than the revenue generated from the gas
That is completely impossible. Maybe profit, but not revenue. Even my sedan with a 17 gallon tank costs more to fill up than even a pack-a-day smoker with a lottery addiction and a love of energy drinks is likely to spend at the shop.
- jacquesm 14y agoFormer gas station owner here (don't ask). Profit is correct. Typically a gas station makes 1 or two cents per liter. A 17 gallon tank is approximately 68 liters so that's between $.68 and $1.36 or thereabouts in gross margin for the station. Of that they still have to operate and service the pumps, and deal with periodic mandatory environmental upgrades and inspections. You have to do millions of liters per year to turn a profit on the gas. Gross profits on store goodies are on the order or 20 to 30%. If they're refrigerated then likely it is on the low end, if they are non-perishables then it is on the high end.
- alexholehouse 14y agoSorry - just a typo, meant profit. It was late.