about 14,000 your profit would be 299 367 and 124
It depends on the station, it s age, condition, equipment, etc. To keep up a gas station? Way too much money. There are licensing fees for alcohol, cigarettes, lottery, etc, testing fees for the storage tank system (can be upwards of several hundred to well over $1000 yearly), yearly tank fees due to the state (several hundred to 1000+ depending on state, # of tanks), buying gas to sell can cost you up to $30K per week, depending on the size of the tanks and the cost of the store inventory. The profit margin on gas stations is very thin in the end for an individual owner. And, if you don t keep up compliance on your tank system, the state will go after you and you ll have fees and penalties ranging from the thousands to tens of thousands of dollars. And if your tank system is found to be leaking, be prepared to spend $10,000+, depending on what state you re operating in, to start remediation efforts. It s a lot of work and a lot of dealing with several state and local government regulators. Oh, and from personal experience, the lack of knowledge on anything having to do with running a gas station is no excuse to a regulator. Don t try to pull the No English crap. If you operate in their state, regulators expect that you are proficient enough in the English language to be able to operate within their guidelines.
