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by caf
981 days ago
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Do they? I don't know what the situation is in North America, but here the business model of fuel stations is to sell fuel at near-zero margin and make the profit from impromptu sales to fuel customers in the attached convenience store. |
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> their net profit per gallon is around $0.03-$0.07–after factoring in costs like labor, utilities, insurance, and credit card transaction fees. [1]
Average store sells 3000 gallons per day [2], meaning $90 to $210/day profit.
[1] https://fortune.com/2022/08/09/energy-profit-margins-gas-sta...
[2] https://www.convenience.org/Topics/Fuels/Who-Sells-Americas-...