Gas stations for sale
Gas stations for sale are invariably combined with another business unit, most of the time a convenience store where customers can buy food, drink, cigarettes or newspapers when they pay for their gas. At the cheaper end of the scale you could buy a gas station with a kiosk. There are also gas stations and liquor stores for sale.
As well as dovetailing with retail units a gas station for sale might offer services, most obviously complementary auto-related services. You could buy a gas station with a car wash facility, buy a gas station with an auto center, or buy a gas station with a towing business, to name three examples.
Bear in mind you can always add services after buying a gas station, so if you have a background in auto repair and you see a gas station for sale in a neighbourhood with a dearth of car maintenance services, you could buy the gas station and introduce auto maintenance services yourself. Of course, it goes without saying that a gas station with an auto repair business already incorporated into the business won’t require much or any additional investment in equipment and components.
If the gas station for sale comes with enough space or if there is adjacent land available to buy, then you could make your business a truck stop too. BusinessesForSale.com sometimes features gas stations for sale with a truck stop, which in turn opens up catering possibilities – add a cafe to serve resting truckers and you’ve then got three revenue streams.
A gas station and convenience store for sale offers an alluring business model. It’s recession-proof, because people drive out of necessity and cars need regular refuelling. And buy a gas station and convenience store and when the customer is paying for their non-discretionary good, you can tempt them with confectionary, magazines and other retail goods.
If you’re interesting in buying a gas station, though, then be aware that it is a competitive sector, so research the likely demand, how busy the road is and surrounding roads, and proximity of the nearest competition. Buy a convenience store and gas station on a busy highway with few other gas stations nearby and you’ve got a potential goldmine.
Gas stations with convenience stores for sale offer a relatively simple business model. Retail experience comes in handy, as does the ability to handle money competently. But be aware you’re selling a highly flammable commodity, so find out about your safety obligations in the state you’re considering buying a gas station in.