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Gas Station Insider Tips!

 

Common mistakes 

made by 1st time 

gas station investors!

 

  Under or over estimating 

      your forecasted financials

 

  Under capitalizing.

 

  Lacking the operational 

      experience.

 

  Choosing a poor location.

 

  Not including your risk 

      factors into your gas

      station business plan.

 

 

 

 

 

 

 

 

 

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Gas Station Industry Tips:

 

Who purchases gasoline? (Gender)

  • Woman  56%

  • Men  44%

 Who purchases gasoline? (United States Region)

  • South  81%

  • West   59%

  • East   45%

  • Midwest   66%

What types of payment are used to purchase gasoline?

  • Debit Card  57%

  • Major Credit Card   34%

  • Branded Gas Card  18%

  • Other  1%

How often does gasoline buyers visit and purchase something from the convenience store?

  • All the time  3%

  • Almost every time  16%

  • Sometime  49%

  • Seldom  38%

  • Never  7%

The other locations to purchase gasoline?

  • Gas Station locations  47%

  • Mass Merchandisers (eg. Wal-Mart, Kmart, Target)  18%

  • Warehouse Clubs (eg. BJ's, Costco, Sam's) 16%

  • Supermarkets  (eg. Albertson's, Safeway, Kroger) 12%

  • Drugstores (eg. Walgreens) 7%

Common mistakes made by 1st time Gas Station Investors!   

  • Under or over estimating your gas station forecasted financials.

  • Under capitalizing.

  • Lacking the operational gas station experience.

  • Choosing a poor location.

  • Not including your risk factors into your gas station business plan.

 See below for some security tips and measures to think about for your gas station and convenience store.   

  • Installing a closed-circuit TV at the cash register so customers can see that they are being watched. This can alleviate a lot of in store theft by employees.

  • Also installing a security camera by the cash register so you the owner can watch the actions of your convenience store cashier.

  • Try installing an automated bill reader/cash counter built into your safe for added security measures.

  • Count your cigarettes and lottery daily and your beer/wine and soda weekly. This is a good action to do to make sure customers or employees are not stealing from you. NOTE: Also double check your purchase order when merchandise is delivered to your convenience store. There have been stories of gas station owners not receiving their complete beer or soda orders. (If you (gas station owner) ordered 10 cases of beer, make sure you check that 10 cases of the beer you ordered was delivered).

  • Place mirrors in places where customers will not expect to see them. This has proven to cut down theft by 60 percent.

  • Prosecute offenders so it never happens again and let it be an example for other possible theft attempters.

 

See below for a list of merchandise that is purchased in a convenience store by gas station customers. (Test was conducted over a one month span.)  

  • Sodas  45%

  • Candy/Gum  41%

  • Lottery Tickets  39%

  • Salty Snacks  35%

  • Fountain/Frozen Drinks  30%

  • Hot Drinks  30%

  • Water  30% 

  • Dairy Products  30%

  • Cigarettes  29%

  • Fast Food  25%

  • Beer/Wine  19%

 

Cigarette Fines! 

  • Always check your customers ID to save yourself from being fined up to $6,000 if your caught  selling cigarettes to a minor.

 

The most popular gasoline purchased at gas stations! 

  • Unleaded  Regular  87%

  • Premium Unleaded  9%  

  • Super Unleaded 4%

  • Diesel  1%

 

 

Customer Reviews:

 

I thought the website was well-organized and made it easy to search and order the gas station guide. The selection was good, and I was pleased with the ordering and delivery process.
- Sadia, New Jersey

 

I was amazed at how easy it was to print out the gas station business plan, that was already written on the disk that was sent with my gas station business plan guide. I just made some minor adjustments by entering my corporate gas station business information and some details of the proposed gas station I wanted to invest in and printed the gas station business plan out from my home printer.

- Wayne, California

 

 

Gas Station Guide Tour:

 

Take our "Gas Station Guide Tour" below to learn more about the: 

Gas Station Business Start Up Guides.

        Guided Tour

         

  

 

 

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