People also ask
How much money do gas stations make selling gas?
But before you cry foul, you should know that after all the ups and downs in a year, gas stations do not make much money from selling gasoline. After credit card fees and other operating costs, net profit for gasoline sales averages 3 cents a gallon, according the National Association of Convenience Stores.
How much does a gas station attendant make an hour?
Gas station attendants make $8.31 an hour on average; the national hourly rate ranges from $7.27 to $10.28. 8. Who’s most likely to work at gas stations?
What is the profit margin for gas stations?
For gas stations, the average profit margin for a gallon of gas is roughly 2.5 percent. For all of their products, gas stations made 3 percent net profit in 2013 and 1.6 percent in 2012. Most of the retail price of a gallon of gas, 69 percent, goes to the cost of crude oil.
Are gas stations a good investment?
Gas stations are a good investment if you have convenience stores on them and if they’re off a major highway where a premium can be charged on the gasoline. Most make 1-3 cents off each gallon of gas.