How To Start A Gas Station Business

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Eann

Eann

Күн бұрын

Heres how you can start a gas station business. You can either buy one, do owner financing or get into a franchise. Most gas stations make more money from convenience stores and other businesses they have aside from the fuel income from the gas pumps. You can find gas station businesses for sale near you at this website www.bizbuysell...
Follow & Connect with me on Instagram - / eannsingh
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IMPORTANT INFORMATION
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Disclaimer:
I am not a Financial Advisor. Content is solely from experience and opinions. Everything shared is for entertainment purposes only. Furthermore, certain risks are associated with the tips, suggestions and all information provided in this content. If you need advice please consult with a Financial Adviser and/or CPA. You are solely responsible for any and all financial decisions you make!
Affiliate Disclosure:
Some of the links on this page are affiliate links where if you choose to click, use or purchase through them I may earn affiliate commissions at no additional cost to you. As an Amazon Associate I earn from qualifying purchases.
#BUSINESSIDEA #GASSTATIONBUSINESS #PASSIVEINCOME #EANN

Пікірлер: 112
@eannsingh
@eannsingh 2 жыл бұрын
How To Start A Business with $50 - kzbin.info/www/bejne/pJu2dZikZdCBbLM
@RemiliaVampire
@RemiliaVampire Жыл бұрын
selling gatorade & chips to teenagers at 2am 📈📈📈
@cemstrike
@cemstrike Жыл бұрын
Exotic snack vending machines!
@frankieroberson3398
@frankieroberson3398 9 ай бұрын
I never thought I would fathom of owning a gas station until I resided in the Midwest and tired of the bad customer service in impoverished neighborhoods!!!
@rolandbmonger2627
@rolandbmonger2627 2 ай бұрын
Hi I'm a Liberia
@4islandbeauty
@4islandbeauty 2 жыл бұрын
The only thing that turns me off is liability portion for EPA, it can be a hefty charge to stay in compliance
@KaybeeMashego
@KaybeeMashego 9 ай бұрын
There's a growing one in South Africa and about to conquer Africa... PEU ENERGIES, you can buy a franchise for R1.6m which about less than $100k to own a franchise and start making money
@JeyZane
@JeyZane 2 ай бұрын
PEU energies, I can’t find it on google ,where can I search up about it ?
@miguelrvs4899
@miguelrvs4899 2 жыл бұрын
Love u bro thanks for the info damn 👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼I really appreciate ur work man
@eannsingh
@eannsingh 2 жыл бұрын
Thanks!
@Paidinfull14
@Paidinfull14 Жыл бұрын
Stop 💨
@jacobpetterson3873
@jacobpetterson3873 Жыл бұрын
Retirement is not an end, but a new beginning.Your dedication today will pave the way for a future filled with financial security and the freedom to pursue your passions.Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 50 and my wife 44 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.
@noahbrown1775
@noahbrown1775 Жыл бұрын
Nice one. I would love to know how you made it this far, I have been unlucky while trying different types of lnvestments.
@jacobpetterson3873
@jacobpetterson3873 Жыл бұрын
You’re not unlucky, I once felt this way but I didn’t stop. Don’t give up, you can still win. Just do your best to connect with the right people to help you grow and you will surely see changes.
@noahbrown1775
@noahbrown1775 Жыл бұрын
@@jacobpetterson3873 I appreciate your kind words. Would you recommend me your financial advisor? I will love to start winning just like you.
@ambitiousbeauty1013
@ambitiousbeauty1013 Жыл бұрын
It seems like a stressful business. Who orders all the stuff sold in gas stations and keeps it in stock? Also I have good credit. I assume I could get a loan to open a gas station.
@chrisatkins7022
@chrisatkins7022 Жыл бұрын
Vendors track what you sale and resupply as needed. A monkey cab do it.😊
@brain_blend_
@brain_blend_ 3 ай бұрын
Very informative video thank you so much ❤❤❤❤❤
@official_quadvlogs4068
@official_quadvlogs4068 2 жыл бұрын
When you said 50k a month is that profit or do you have to pay merchandise and employees from there
@juanlopez-gt2zw
@juanlopez-gt2zw Жыл бұрын
I’m pretty sure that happens so let’s say u use 15k to pay workers etc, and expenses then u use some to pay for the gas u buy n the rest is profit.
@patsimo
@patsimo 2 жыл бұрын
How can we be 100% sure the seller provides reliable P&L and monthly statements? I am looking at a ''too good to be true'' deal, always the same reasons, I live away and cannot be hands on, I made this ton of profits when I was on site etc. He purchased it only 8 months ago! Isn't fishy? Would you suggest to hire a business attorney or accountant to verify the #'s? Thanks for your video and answer in advance!
@eannsingh
@eannsingh 2 жыл бұрын
Get an accountant , 8 months is a short time
@fuzuzafitness8354
@fuzuzafitness8354 Жыл бұрын
You can request tax records
@patsimo
@patsimo Жыл бұрын
@@fuzuzafitness8354 yeah I did but he isn't providing any. I ended up buying another business type instead
@Essays4College
@Essays4College Жыл бұрын
you NEED a good lawyer and accountant on your team. shocks me every time i see people buying and selling businesses w/out them.
@aavash123
@aavash123 Жыл бұрын
@@patsimo can i ask what business you got into?
@ladynj8285
@ladynj8285 5 ай бұрын
I enjoyed the content overall, but I still need to know how do I go about getting financing from the bank?
@MeerAfzalKhanDurrani
@MeerAfzalKhanDurrani 4 ай бұрын
Love u man u show great website to me❤
@erolturk1445
@erolturk1445 8 ай бұрын
Well, I may agree with you about not working for your own business and having other people work for you as you are out there. Looking for other businesses to purchase, but at first it would be a wise decision for you to put in the time and effort introduced business to see how it runs. See the profit where you can save how you can And make money. With you directly involved in the business, working for the business is the only way you're gonna get that outcome. So it would be a wise decision for you to work for your own business for a while. And then, after turning a profit, knowing the business properly. Then you may hire employees to work for your business.
@rgood247
@rgood247 2 жыл бұрын
Excellent video
@ftc_oxy2929
@ftc_oxy2929 2 жыл бұрын
Is it good to start a gas station now due to the gas prices?
@eannsingh
@eannsingh 2 жыл бұрын
I think so
@Stephanerkt
@Stephanerkt 2 жыл бұрын
You should be more worried if electric cars
@diegogardner6218
@diegogardner6218 Жыл бұрын
@@Stephanerkt half gas half charger station
@stantonjohnson1689
@stantonjohnson1689 11 ай бұрын
This is great information
@rocithebest6520
@rocithebest6520 2 ай бұрын
Brooo Tha cash flow is per month or per year? 🤔
@dannykim6218
@dannykim6218 2 ай бұрын
I wanna know too haha ,if it's gross or net
@rocithebest6520
@rocithebest6520 2 ай бұрын
@@dannykim6218 🤭
@dxc9138
@dxc9138 Жыл бұрын
Great info 👍🏽
@eannsingh
@eannsingh Жыл бұрын
Glad it was helpful!
@infiniteamo7079
@infiniteamo7079 2 жыл бұрын
Great work
@wonderingmind5072
@wonderingmind5072 Жыл бұрын
This is way too quiet
@awaismalik_3549
@awaismalik_3549 Жыл бұрын
In my religion I can’t sell cig, beer, or lotto tickets. Can I still make money?
@jeanclouivil7893
@jeanclouivil7893 Жыл бұрын
Leave the religion. Cause it is t helping you financially.
@sohrabi947
@sohrabi947 Жыл бұрын
Flat out no, because those are the things people come for in a gas station mostly
@iceyypeecat6692
@iceyypeecat6692 Жыл бұрын
no cigs and beer are huge in america
@shornalyahmed3383
@shornalyahmed3383 Жыл бұрын
No you should just stay at home 😂
@iceyypeecat6692
@iceyypeecat6692 Жыл бұрын
@@jeanclouivil7893 bad idea thats like saying dont drink water because you can get drunk but also it is a good idea since islam is a fake ass religion
@edwardcarter6408
@edwardcarter6408 Жыл бұрын
This video is insightful and helpful
@kirkusarelius3365
@kirkusarelius3365 Жыл бұрын
Outstanding thank you very much
@gerecurlzmotivational
@gerecurlzmotivational Жыл бұрын
Here it’s like 3.5M a gas station ⛽️
@ronnysharma5083
@ronnysharma5083 4 ай бұрын
I am 17 and I only have one question. Some will find it pointless but regardless of that, Can I become a centimillionaire if not a billionaire owning gas stations? I start off with just 1 and as the business grows and profits, I buy more and more gas stations. So just a simple Yes or No?
@kencampbell1900
@kencampbell1900 6 күн бұрын
Yes
@robertsanders2466
@robertsanders2466 11 ай бұрын
Wait. Do you own gas station
@NeoEscobar
@NeoEscobar 2 жыл бұрын
What the name of the app? Thanks
@taulantshigjeqi4768
@taulantshigjeqi4768 9 ай бұрын
can i have this video written in the comment from you because i want to translate in my language and to understand better?😊
@CTT36544
@CTT36544 Жыл бұрын
11:25 Asking price $89K, cash flow $74.6K ...... Is it realistic? If yes, then only idiots will give it up. Way too fishy to be true!
@eannsingh
@eannsingh Жыл бұрын
Before expenses margins are low
@SAEED2HK
@SAEED2HK Жыл бұрын
Very informative ❤❤❤❤❤
@thehouseundergodinheavenme2218
@thehouseundergodinheavenme2218 Жыл бұрын
Awesome
@justincampbell7938
@justincampbell7938 11 ай бұрын
So if you’re interested in opening a really good location, please let me know. I have my money opportunity sitting here for you.
@cemstrike
@cemstrike Жыл бұрын
Bands
@ahmedballo4412
@ahmedballo4412 Күн бұрын
J'aime
@bigwill2482
@bigwill2482 Жыл бұрын
$300 for tshirt equipment? That’s not true smh
@babyblue7798
@babyblue7798 Жыл бұрын
too late for me- 62..i will just sell tshirts.
@jlux4481
@jlux4481 11 ай бұрын
Great vid. But the pronunciation of the words businesses and business, drove me nuts tho, jesus christ.
@joebolick112
@joebolick112 Жыл бұрын
How to make money in a gas station? Beer and Cigarettes sales, gas is a loss
@notme989
@notme989 2 жыл бұрын
Long term bad idea with people switching to electric.
@alvinwilkerson7269
@alvinwilkerson7269 2 жыл бұрын
Still profitable for the older age group of people
@OfficialFXKassy
@OfficialFXKassy 2 жыл бұрын
You can convert the pumps to charge stations and have the tanks taken out! Long term it’s still very profitable. It still cost $1 per charge minute for an electric car. Thinking long term don’t limit yourself
@dandenis5833
@dandenis5833 2 жыл бұрын
Not before 50 years
@diegogardner6218
@diegogardner6218 Жыл бұрын
All about location and if I was the owner I would just add electric charging kiosks
@cocoman6923
@cocoman6923 Жыл бұрын
Electric is a gimmick at the moment kept afloat by government stimulus. Only 2% of cars are fully electric.
@mibaowlaw
@mibaowlaw 12 күн бұрын
i own gas stations, its a good business. this guy doent know what he is talking about.
@njfury2154
@njfury2154 10 ай бұрын
dreadful vid
@kevingilmore1858
@kevingilmore1858 2 жыл бұрын
Great video! Do you collaborate with projects or simply take ideas? I started a CRYPTO x CANNABIS NFT collection where we are partnering with a US Cannabis producer. Real utility!
@eannsingh
@eannsingh 2 жыл бұрын
Dm me
@chrisatkins7022
@chrisatkins7022 Жыл бұрын
Horrible idea.
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