Top Local Gas Station Hacks – Mina Gorgyos

Visiting the local gas station is a part of many of our daily routines.  If you are a frequent customer of your local gas station, check out the article below for the top gas station hacks that you need to know. Save money on coffee. Skip the expensive coffee shop and start buying your morning

The gas station of the future will have treadmills, gardens, and solar panels—but no gas – Mina Gorgyos

A competition asked people to design a service station for a future when electric vehicles dominate. The result looks very different from what we have today.  The gas station as we know it is an endangered species. As electric vehicles gradually make up a larger share of cars on the road, entirely new kinds of

How much does it cost to open a gas station franchise? – Mina Gorgyos

Is it expensive o start a gas station? In previous posts we discussed how difficult it is to open a gas station. Purchasing the location is one of the startup costs that will require you to secure at least $300,000. Is owning a gas station a good business? Franchises in the gas station business are

Marketing Strategies for Promoting Your Gas Station Business – Mina Gorgyos

Gas station franchises are set up countrywide making the competition pretty stiff. The gasoline fueling station industry has become homogenous in terms of their prices, amenities and even the landscape. This is why gas station owners are looking for innovative strategies to promote their business and turn first-time visitors into loyal customers. If you wish

How to drive more traffic and boost sales in your gas station – Mina Gorgyos

Gas station managers know well the challenge of having to find ways to attract customers to their establishments. With fuel prices providing limited possibilities for differentiations, the gas station store and food service are your best bets to create an offering that makes you stand out from the competition. But how to drive business to your services, without cutting prices or affecting your margins?

Opening a Gas Station: The Ultimate Guide (2022) – Mina Gorgyos

Owning a gas station is a business we think of when we imagine an entrepreneur realizing the American Dream. According to the National Association of Convenience Stores, there are over 120,000 gas stations that double as a convenience store in the U.S. (out of over 150,000), and 62% of convenience stores are operated by a

Convenience Stores Sell the Most Fuel – Mina Gorgyos

An estimated 80% of the fuel purchased in the United States occurs at a local convenience store. There are 148,026 convenience stores operating in the United States, and among those stores 116,641 sell fuel—an estimated 80% of all stores, according to the 2022 NACS/NielsenIQ Convenience Industry Store Count.  There are approximately 145,000 to 150,000 total fueling outlets in the

Is a Gas Station a Good Business to Buy with No Experience? – Mina Gorgyos

Currently, gas stations and their corresponding convenience stores are some of the most profitable businesses in the United States. Across the country, there are over 100,000 gas station/convenience stores which bring a cumulative of over $400 billion revenue each year. Since the country literally runs on gas where people have to commute to different places

Buying a Gas Station Franchise: Where to Find the Best Financing – Mina Gorgyos

Gas station franchises are attractive businesses for many small business entrepreneurs: Gas is a high demand product, which means a steady stream of customers. And, while gas doesn’t have a high margin, gas station convenience stores, car washes, and other additions provide a chance to increase profitability from non-gas sales. If you’ve already decided that

The Biggest Oil and Gas Companies in the World – Mina Gorgyos

PetroChina and Sinopec Group lead the list of the world’s biggest oil and gas companies of 2020 with revenues between $270 billion and $280 billion, ahead of Saudi Aramco and BP. The two Chinese companies benefited from their country’s successful containment of the coronavirus pandemic, but despite of them outperforming global peers, their 2020 revenues