Is there money in owning a gas station?
Robert Guerrero 
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.
How much does it cost to own a gas station franchise?
These cash requirements range from $20,000 to get started with a 7-Eleven gas station convenience store franchise, to well over $1,000,000 for gasoline station brands like ARCO AM/PM. These investments are required to pay for anything from opening inventory to permits and franchise fees.
How can I start my own gas station?
You should expect to secure at least $300,000 to cover the following startup costs:
- Purchasing the location.
- Business insurance.
- Registering your business.
- Licenses and permits.
- Marketing materials.
- Initial inventory (gas, consumables).
- Setting up your gas station.
- Setting up your convenience store.
Do you need cash to own a gas station?
Their name will be front and center on your business, and they need franchise stores to live up to the brand image. Gasoline station franchise brands require their applicants to have lots of cash or liquid assets.
Can you get a mortgage for a gas station?
Commercial mortgage loans are available for both acquisitions and the refinance of your gas station mortgage loan. We help unlock the full potential of your business and commercial real estate investment with commercial financing options customized around your individual needs, investment objectives and property characteristics.
Can a SBA loan be used to buy a gas station?
You can also use an SBA loan to finance your franchise gas station dreams. SBA Loan 504 allows for the purchase of real estate, buildings, and long-term equipment for your new or existing gas station franchise.
How much does it cost to start a gas station franchise?
Gasoline station franchise brands require their applicants to have lots of cash or liquid assets. These cash requirements range from $20,000 to get started with a 7-Eleven gas station convenience store franchise, to well over $1,000,000 for gasoline station brands like ARCO AM/PM.
