Petrol (Gas)Station


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desertsstorm   
Member since: May 04
Posts: 26
Location: Abu Dhabi

Post ID: #PID Posted on: 06-06-04 00:19:28

Could some one through light on this
How much it needs to buy a petrol pump or install a new petrol pump (Gas station). How much minimum dollers one should have in pocket and how much banks can finance. IS it a good business in Canada??.


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Desertsstorm


jhon   
Member since: Jan 04
Posts: 41
Location: TORONTO

Post ID: #PID Posted on: 06-06-04 00:56:05

well....do not think that easy if u just want to built a gastaion first u have to find the land if u do then u have to deal with the license permit which is the hardiest part as the city will not give it to u without a fight that is if they well....the pups and the tanks i would think from low 300k to 500k this is without the land



desertsstorm   
Member since: May 04
Posts: 26
Location: Abu Dhabi

Post ID: #PID Posted on: 06-06-04 03:48:31

Thanks Jhon,
How much omney one should have in ready cash minimu?? Thinking bank will finance maximum. As u said from 300K to 500K without land. How much land will cost?? Any idea


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Desertsstorm


Smiley   
Member since: Mar 03
Posts: 1185
Location: USA

Post ID: #PID Posted on: 21-06-04 12:34:25

In canada the gas stations are not owned by individuals ( like USA ) , you just manage a Gas station for the company and own only the inventory . The average inventory is 40 - 50 K and you make 3 cents for every litre of gas sold and the average gas statsion maeks about 100K a year profit . You need to work in a gas staion to get that experience for 2 years and then you could apply for one .

The most important thing is location , location and location and there is a very high turnover of employees and security is an issues .


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We will find a way or we will make one


tonyynot   
Member since: Sep 04
Posts: 3
Location:

Post ID: #PID Posted on: 27-09-04 10:54:19

I got to correct you on that smiley , gas stations are owned by individuals in Canada cause I own one and doing pretty good.


desertstorm if you need any information regarding gas stations contact me at


Thanx,

Tony:cheers:



Cool buddy   
Member since: Feb 10
Posts: 7
Location:

Post ID: #PID Posted on: 22-02-10 02:01:13


looking for some information for gas station.

1) Investment required.

2) Earning is fixed or variable.

3) how much earning you can expect after paying tax.

4) As a new immigrant , Can i get Gas station licenece /permits.


Hope some body will answer

Avinash



rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 22-02-10 07:13:01

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