Gas station How much does it cost

Gas station How much does it cost

Want to know exactly how much it costs to start a gas station?  here is a detailed analysis of the costs of starting a gas station  and raising funds.

A gas station, also known as a gas station, gas station, gas station or gas station, is a business that sells gasoline (gasoline), diesel fuel and lubricants for automobiles. Gas stations offer their customers one of three types of service: full service, minimum service, or self-service.

A full-service gas station has service personnel who run the pumps, frequently wipe the windshield and sometimes check the vehicle’s oil levels and tire pressure, then a fee and possibly a small tip. will be charged. The minimum service station has maintenance staff who only work with pumps. This is often required due to laws in some cities which prohibit customers from operating the pumps themselves.

In self-service stations, the customer performs all the necessary services. Instructions informing the customer of filling procedures and warnings are clearly displayed on each pump. Customers are expected to go to the store or to the kiosk to pay the station worker, and finally we have an automatic filling station that uses a card locking system (or pump payment system). ), these filling stations are completely unmanned.

  • Industry overview

The gas station industry has experienced moderate volatility over the years. In fact, as more and more Americans buy cars, the total number of kilometers driven per vehicle has increased, resulting in increased demand for gasoline. Also, as disposable income per capita has continued to increase, some car owners would prefer to purchase higher quality fuel, which is more expensive than lower octane fuels.

As with other industries, the gas station industry has also seen its share of ups and downs over the past five years. Due to the strengthening of the national economy and the improvement of employment over the past five years, the gas station industry has also shown an improvement in its performance.

The gas station industry is indeed a very large industry which is booming in all parts of the world. According to statistics, in the United States of America alone, there are approximately 10,720 licensed gas station companies, employing some 120,226 employees, and the industry earns $ 106 billion annually.

The major breakthrough in the gas station industry is the result of an increase in car ownership, which can be attributed to Henry Ford when he started selling cars that the middle class could afford.

In an effort to stay afloat in the highly competitive gas station industry, gas station owners are now incurring additional costs. nice to make sure they make their facilities friendly and user-friendly. Gas stations now have vulcanization services, a car wash, convenience stores, cafes, restaurants and cigar rooms to take advantage of the opportunities around them to generate more income.

While the gas station industry can be described as competitive, it in no way precludes creative and financially capable entrepreneurs from succeeding in the industry. It’s a really profitable industry, especially when the business is in a good location. There is no doubt that busy highways and cities with growing populations are ideally suited for refueling. The bottom line is that if there are car users in a city, the city will need a gas station.

How much does it cost to start refueling?

Cost The analysis associated with starting a typical gas station in the United States of America, Canada, United Kingdom and Australia can be considered almost the same with a few exceptions. For example, the cost of building a state-of-the-art full-service gas station capable of providing automotive services (e.g. products related to the automotive industry, providing auto repair services, providing wheel alignment services) , wheel balancing and vulcanizing, retailing of food and non-alcoholic beverages, etc., especially in the case of

For example, if you live in the UK and decide to import gas pumps and other gas station equipment from Japan, you will pay the same price for these cars no matter where in the world you live. The only change will be the cost of shipping the item to its destination.

Other factors that may differ slightly in terms of costs when it comes to starting a standard refueling business in any of the countries listed above are the costs of providing vehicle fuels (e.g. diesel and gasoline), labor costs, transportation and logistics costs, local taxes, insurance policies, business registration fees and rents / leases, among other factors.

Also, when it comes to starting a mid-level gas station business, you should be prepared to rent or lease standard and centralized equipment along a main road or highway with good traffic of people and vehicles; this will be one of the areas where you should be spending most of your startup capital.

How much does it cost to start a gas station in the United States?

These are the main costs that you have to incur when starting a gas station business in the United States of America at a medium but standard size;

  • Overhead costs for registering a business in the United States. America  750 USD.
  • Legal fees for obtaining licenses and permits (health service license and business license) and permits (fire service permit, air and water pollution control permit and signing permit, etc.) and accounting services (CRM software, Payroll software, Point of sale machines and other software)  USD 15,300.
  • Marketing advertising costs for the official opening of the gas station in the amount of $ 3,500, as well as the printing of flyers (2,000 flyers at $ 0.04 per copy) for a total amount of   $  3,580 . …
  • The cost of hiring a business consultant (including writing a business plan) is  $ 2,500.
  • Cost of insurance (civil liability, theft). , workers’ compensation and property insurance) for a total amount of   US  $ 30,400 .
  • Rental price of a standard property in a good centralized location along a main road or highway  250,000 USD
  • Expenses for the rebuilding of the gas station and the construction of underground gas reservoirs / reservoirs  USD 400,000.
  • Other start-up costs, including deposits for office supplies (  $ 500  ), telephone, and utilities (gas, sewer, water and electricity) (  $ 6,500  ).
  • Running costs for the first 3 months (employee salaries, bill payment, etc.)  $ 60,000
  • Initial inventory costs (supply of non-vehicle fuels, vehicle fuels (such as diesel and gasoline), cooking gas and related products for vehicles) and fuel supply machinery and equipment (fuel repair tools). vehicles, vulcanizing and wheel alignment tools)  $ 550,000
  • The cost of purchasing a tanker truck with gasoline  45,000 USD
  • Cost of store equipment (cash register, security, ventilation, signage)  USD 13,750
  • The purchase price for furniture and gadgets (telephone, printers, computers, tables and chairs, etc.) is  US $ 14,000.
  • The cost of building and hosting a website. 600 USD
  • The opening of the party costs  $ 8,000
  • Miscellaneous:  USD 10,000

You will need an estimate of two million five hundred thousand dollars ($  2.5 million  ) to successfully set up an average but standard gas station company in the United States of America. Please note that this amount includes the salaries of all staff for the first 3 months of work and companies with multiple outlets in key points in the same city.

A small but standard refueling business begins. which can only retail automotive fuels (like diesel and gasoline), retail cooking gas and the sale of automotive related merchandise etc. in one place in the United States of America would cost around $ 450,000 to $ 500,000 dollars (b up to  $ 500,000  ). Please note that this amount includes the salaries of all staff for the first 3 months of work.

When it comes to launching a standard and large gas station with multiple locations in key cities in the United States of America. A gas station with the intention of selling a franchise as well as offering free services, then you should expect the budget to exceed seven million five hundred thousand dollars ($  7.5 million  ).

How much does it cost to operate a gas station in the UK?

These are the main costs you are expected to incur when starting a mid-sized but standard refueling business in the UK;

  • In the UK, online requests are typically registered within 24 hours and cost  £ 12  (payable by debit or credit card or PayPal). Postal requests take 8-10 days and cost  £ 40  (payable by check to Companies House). Same day service costs  £ 100.
  • Legal fees for obtaining licenses and permits (health department license and business license) and permits (fire department permit, air and water pollution control permit, signing permit , etc.), as well as service accounting (CRM software, software Payroll software, point of sale machines and other software)  £ 13,300
  • Marketing advertising costs for the official opening of the petrol station of   £ 3,500 , plus the printing of brochures (2,000 brochures at £ 0.04 per copy) totaling   £  3,580 .
  • The cost of hiring a business consultant (including letter writing). business plan) –  £ 2,500.
  • Insurance cover costs (third party liability, theft, workers’ compensation and loss of property) totaling   £ 28,400
  • The cost of renting a standard property in a good central location along a main road or motorway is  £ 235,000.
  • The cost of refueling and construction of the underground gas tanks / reservoirs is  £ 380,000.
  • Other start-up expenses including office supplies (  £ 300  ), telephone and utility depots (gas, sewer, water and electricity) (  £ 1,500  ).
  • Running costs for the first 3 months (staff salaries, bill payments etc.)  £ 60,000
  • The cost of initial inventories and (supply of non-automotive fuels, automotive fuels (such as diesel and gasoline), cooking gas and related products for vehicles) and fuel supply machinery and equipment ( vehicle repair tools, vulcanizing tools and wheel alignment tools) –  £ 505,500
  • Cost of buying an oil tanker  £ 42,000
  • Cost of shop equipment (checkout, security, ventilation, signage)  £ 9,500
  • Purchase and installation of video surveillance:  £ 4,500
  • The cost of buying furniture and gadgets. (Computers, printers, telephone, televisions, sound system, tables and chairs, etc.):  £ 2,500.
  • Website creation and hosting:  £ 600.
  • Party opens:  6300
  • Miscellaneous:  £ 8,000

You will need a budget of two million three hundred British pounds (  £ 2.3million  ) to successfully set up a standard but standard UK refueling company. Please note that this amount includes the salaries of all staff for the first 3 months of operation and companies with multiple outlets in key points in the same city.

Starting a small standard refueling business that can only sell automotive fuels (such as diesel and gasoline), sell cooking gas and sell automotive products, etc. in one location in UK. cost two hundred and five thousand to 404 to 20,000 British pounds (  205,000  £  to  4.8 million £  ).

When this happens to start a standard and large multipoint gas station in key cities in the United States of America, a gas station that intends to sell a franchise and offer free services, then you should consider a budget of over £ 7million (  £ 7million  ).

How much does it cost to start a gas station in Canada?

These are the main expenses you expect to make when starting an average but standard gas station business in Canada;

  • For federal business registration in Canada, the registration cost is  US $ 200  if filed online through the Canada Online Registration Center (US $ 250 if filed by d ‘other means).
  • Legal fees for obtaining licenses and permits (health service license and business license) and permits (firefighters’ permits, air and water pollution control permits, signing permits, etc.) , as well as accounting services (CRM software, payroll software, POS machines and other software)  USD 15,300.
  • Marketing promotion fees for the official opening of the gas station in the amount of   $ 3,500 , as well as the printing of flyers (2,000 flyers at $ 0.04 per copy) for a total amount of  3,580  USD  .
  • The cost of hiring a business consultant (including writing a business plan) is  $ 2,500.
  • The cost of insurance coverage (civil liability, theft, workers’ compensation and property damage) totaling   $  30,400 .
  • The rental price for a standard property in a good centralized location along a main road or highway is  $ 250,000.
  • Expenses for the rebuilding of the gas station and the construction of underground gas reservoirs / reservoirs  USD 400,000.
  • Other start-up costs, including office supplies (  $ 500  ) and telephone and utility bills (gas, sewer, water and electricity) (  $ 6,500  ).
  • Running costs for the first 3 months (employee salaries, bill payment, etc.)  $ 60,000
  • Cost of initial inventory (supply of non-vehicle fuel, fuel for vehicles (e.g. diesel and gasoline), cooking gas and related products for vehicles) and for fuel dispensing machinery and equipment (repair tools vehicles, vulcanizing and wheel alignment tools)  $ 550,000
  • The cost of purchasing a tanker truck with gasoline  45,000 USD
  • Cost of store equipment (cash register, security, ventilation, signage)  USD 13,750
  • The purchase price for furniture and gadgets (telephone, printers, computers, tables and chairs, etc.) is  US $ 14,000.
  • The cost of building and hosting a website. 600 USD
  • The opening of the party costs  $ 8,000
  • Miscellaneous:  USD 10,000

You will need a budget of two million five hundred thousand dollars ($  2.5 million Canadian  ) to successfully set up an average but standard gas station in Canada. Please note that this amount includes the salaries of all staff for the first 3 months of work and companies with multiple outlets in key points in the same city.

A small but standard refueling business begins. which can only retail automotive fuels (like diesel and gasoline), retail cooking gas and automotive related goods, etc. in a single location in Canada will cost between $ 450,000 and $ 500,000 ($  250,000  in <strong> $ 500,000). Please note that this amount includes the salaries of all staff for the first 3 months of work.

When it comes to launching a large standard gas station with multiple locations in key cities across Canada, a gas station. In order to sell a franchise, as well as provide additional services, you should expect a budget of over seven million five hundred thousand dollars (US $  7.5 million  ).

How much does it cost to start a gas station in Australia?

These are the main expenses you need to start when starting your medium but standard gas station business in Australia;

  • In Australia, the fees to register your business name with an ASIC include:  $ 34  for 1 year. $ 80  for 3 years
  • Legal fees for obtaining licenses and permits (health service license and business license) and permits (fire service permit, air and water pollution control permit and signing permit, etc.) and accounting services (CRM software, payroll software, POS machines and other software)  USD 15,300.
  • Marketing advertising costs for the official opening of the gas station in the amount of   $ 3,500 , as well as the printing of flyers (2,000 flyers at $ 0.04 per copy) for a total of  $ 3,580  .
  • The cost of hiring a business consultant (including writing a business plan) is  $ 2,500.
  • The cost of insurance coverage (third party liability, theft, workers’ compensation and property damage) for a total premium of  $ 30,400.
  • Rental price for a standard installation in a good centralized location and along a main road or highway  USD 250,000
  • Expenses for the rebuilding of the gas station and the construction of underground gas reservoirs / reservoirs USD 400,000.
  • Other start-up expenses, including office supplies (  $ 500  ), telephone, and utility depots (gas, sewer, water and electricity) (  $ 6,500  ).
  • Running costs for the first 3 months (employee salaries, bill payment, etc.)  $ 60,000
  • the cost of initial inventories (supplies of fuels other than for vehicles, fuels for vehicles (for example, diesel and gasoline), cooking gas and related products for vehicles) and for fuel dispensing machinery and equipment (repair tools for vehicles, vulcanizing and wheel alignment tools)  550,000 US dollars
  • The cost of purchasing a tanker truck with gasoline  45,000 USD
  • Cost of store equipment (cash register, security, ventilation, signage)  USD 13,750
  • The purchase price for furniture and gadgets (telephone, printers, computers, tables and chairs, etc.) is  US $ 14,000.
  • The cost of building and hosting a website. 600 USD
  • The opening of the party costs  $ 8,000
  • Miscellaneous:  USD 10,000

You will need a budget of two million five hundred thousand dollars (  Australian $ 2.5 million  ) to successfully set up an average but standard gas station in Australia. Please note that this amount includes the salaries of all staff for the first 3 months of work and companies with multiple outlets in key points in the same city.

A small but standard refueling business begins. which can only retail automotive fuels (such as diesel and gasoline), retail cooking gas and car related merchandise sales etc. in a single location in Australia would cost around 450,000 to 500,000 USD (  450,000 Australian dollars  in <strong> 500,000 AUD). Please note that this amount includes the salaries of all staff for the first 3 months of work.

When it comes to launching a standard and large gas station with multiple locations in major Australian cities, a gas station. In order to sell a franchise, as well as provide additional services, you should expect a budget of over seven million five hundred thousand dollars (AU $  7.5 million  ).

Estimated costs of starting a gas station business based on the following factors:

  • Personal / Work

When it comes to a large-scale start-up of a standard gas station business, you will need the services of the following specialists:

  • CEO
  • Service station manager
  • Accountant / Cashier
  • HR Manager and Administrator
  • Pump attendant
  • Convenience store, Café Café, Snacks Bar, Cigar Lounge Manager
  • Vulcanization service, wheel balancing, wheel alignment and car repair and maintenance manager
  • Car wash manager
  • Security guard

Can you run a gas station on a low budget right from home?

If you are looking for a small business that can be successfully started on a lean budget right from home, you shouldn’t be thinking about starting a gas station business. Due to the nature of the product, the size and cost of the machines and equipment involved in setting up and running a gas station business, it is clear that it cannot be loaded from on a tight budget from home.

In fact, gasoline and other products sold at the gas station can be very unstable, so you will not get permission from the authority required to build a gas station in your apartment.

How much does it cost to purchase a gas station franchise?

In the United States of America, the  average cost of buying a franchise for a gas station is as follows: The annual operating cost is  $ 250,000  and you need about  $ 160,000 per  year to purchase and sell goods  Examples include 3 well known gas station franchisees in the United States of America;

  • Shell gas station franchise
  • Chevron gas station franchise
  • Exxon gas station franchise

In the UK, the  average cost of buying a franchise for a gas station: it costs £ 220,000 a year to operate  and it takes around £ 150,000 a year to buy and store goods. Here are examples of 3 major franchise companies in the UK:

  • BP Connect Franchise / BP Gas station UK Franchise
  • Shell United Kingdom Shell in United Kingdom
  • Franchise Esso Petrol Station UK

In Canada, the  average cost of purchasing a franchise for a gas station:  $ 250,000 per year. to work, and you need about  $ 160,000 a  year to buy and sell products. Examples of three well-known franchised gas station companies in Canada:

  • Husky gas station franchise in Canada
  • Shell gas station franchise
  • Esso Canada gas station franchise

In Australia, the  average cost of buying a gas station franchise is:  $ 250,000 in  annual operating costs, and you need about  $ 160,000 per  year to buy and sell products  As an example, there are 3 well known franchise companies in Australia:

  • Puma Energy gas station
  • BP Australia franchise
  • Caltex Service Station Franchise
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