07-31-2008, 10:37 AM
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#112
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MIR
Join Date: Jul 2005
Posts: 9,692
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Originally Posted by JamZ28
you're a sack of ****. my dad who worked for an independent gas station for 30 yrs as a mechanic would know and having friends who own independent gas stations. And if you read my comment from b4 it shows that I said corporations make 5-7 cents .
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http://seattletimes.nwsource.com/htm...tailers30.html
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gross profit on gasoline is roughly 3 cents a gallon after paying for supplies and credit-card fees, but he earns 30 cents on the soft drink.
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Retailers last year earned an average of 2 to 3 cents per gallon before taxes
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http://www.forbes.com/entrepreneursm...lsurvival.html
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"At the pump, it's not about breaking even," says Jeff Lenard, spokesman for the National Association of Convenience Stores, which represents 115,000 gas and convenience stores that sell about 80% of the petrol in the U.S. "It's about trying to lose as little as you can."
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Gas has long been the loss leader in the gas-station business, where a majority of the profits come from selling snacks, soda and smokes. Lately, though, the economics have gotten decidedly worse.
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When gas sold for more like $2 a gallon, they were able to clear about 1.5 cents per gallon.
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http://www.tucsoncitizen.com/ss/byauthor/88656
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As gas tops $4 a gallon, that pushes fees toward 10 cents a gallon. Now stations, which typically mark up gasoline by 11 to 12 cents a gallon, are seeing profits shrink or even reverse.
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In a good month, Randolph's small operation would yield a $60 profit on gasoline sales.
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Check & mate.
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