PDA

View Full Version : Buying a Gas Station Business Only Need Advice



Florida Guy
03-23-2013, 05:45 PM
Former Hotel Owner buying a gas station , business only..Need to know the multiplier used..1.5 times NOI + inventory or something else? If you're out there SteveM I could sure use your advice...Thanks:cool:

huggytree
03-25-2013, 05:39 PM
inside sales seems to have a 500% markup....if not more

from what ive heard gas sales= almost no profit....all the $$ is made from coffee and candy bars

here in WI they have a minimum markup law.....it kills competition....Walmart has been fighting for years here to kill the law, so they can have the cheapest gas