How do I get a Shell gas station franchise?
How do I get a Shell gas station franchise?
Shell offers franchise opportunities for suitable candidates. Successful applicants are required to have at least 10 percent unencumbered cash of the total capital required for investment. Financial institutions can be approached to franchisees to obtain a loan for the funding.
How much does a gas station owner make per year?
So, what is a gas station owner salary? As you might guess, a gas station owner salary varies depending on a number of factors but a successful gas station owner can make anywhere from $40,000 to $100,000 annually. But it’s going to take a lot of work. Gas stations that do more than serve gas tend to make more money.
What makes a gas station make a profit?
A well-run gas station in a prime area will typically do well and generate a profit. However, success depends on many factors that are out of an owner’s control such as the price of fuel, nearby road construction or fluctuations in the labor market. When looking for a property to purchase,…
How much does a gas station cost in the US?
How much does a gas station cost in the United States? In the United States, the cost of gas stations can be about $300,000 or even higher depending on the location of the gas station and the size of the facility.
Why do gas stations lose money when prices go up?
When fuel prices shoot up, and drivers suspect price gouging, stations barely break even and may even lose money. When prices go down, drivers stop shopping for the best prices and fill up their tanks instead. They also have more money to spend at convenience stores.
What is the average income of a gas station owner?
The franchise company will then train you on how to run the gas station. Gas station owners can earn an average salary of close to $70,000, according to the job board Indeed. Gas station owners pay their own salaries from the profits they earn.
Is owning a gas station profitable?
Like any business, a gasoline station can be a good investment. When stations are well located and well-run, they can generate healthy profits. However, the business is also labor intensive, and your ability to operate profitably depends largely on factors — like road construction or the price of fuel — that are out of your control.
How do you own a gas station?
In general there are three main ways to become a gas station owner, namely by buying into an existing station franchise, buying a business that is up for sale, or starting from the ground up to build and operate your own station.
How much do gas station clerks make?
Gas station clerks serve customers both in the store and at the gas pumps. They also provide other services for the station as needed. The Bureau of Labor Statistics reported an average salary of $21,960 for gas station clerks in May 2013.
