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’s the job outlook for a gas station owner?
The U.S. Bureau of Labor Statistics doesn’t predict job trends for gas station owners. It does, however, report job opportunities for first-line supervisors of retail sales workers, which it expects to increase 8 percent in the next decade. This job-growth rate is slower than the 14 percent average for all occupations.
What is the average profit margin for a gas station?
According to IBISWorld, gas stations make an average margin of just 1.4% on their fuel. That鈥檚 far lower than the 7.7% average across all industries 鈥?and ranks beneath other notoriously low margin businesses like grocery stores (2.5%) and car dealerships (3.2%).