Owning a gas station can be a great source of revenue, but you’ll need to consider a few things before you scoop up an empty lot and declare yourself open for business. Here are just five tips for buying, owning and operating a gas station.
1. Hire the Right Contractors
Unless you’re building something from scratch, the property will need to be inspected and evaluated before it can be re-opened for business. This is where gas station contractors California can help. Not only will they examine your store and fueling station, but they can also fix any areas that need repairs.
2. Add More Pumps
Always have more pumps than you think you need. You’ll be grateful for the foresight when cars are lined up in bumper-to-bumper traffic and drivers are getting frustrated because you don’t have enough pumps to service their needs. In these cases, they’re more likely to leave your gas station entirely than sit around and wait for a free pump.
3. Offer More Conveniences
Gas will be your biggest seller, of course, but don’t underestimate all of the revenue that you can bring in with soda, snacks, batteries and other on-the-go products. You might even invest in a “hot food” station where customers can pick up things like pizza and doughnuts. It will cost you a little more to install, but your future sales will make up for it.
4. Clean It Up
No one wants to stop at a grimy gas station full of litter and other undesirable things. If you’re serious about generating profits with your store, you’ll need to keep it presentable. This means washing the windows, sweeping the bathrooms and cleaning the parking lot of trash and melted slush drinks.
5. Stay Safe
Gas stations are big targets for robbers, so you’ll need to take a proactive role in protecting your store. Make sure that you have flood lights constantly trained on your dark parking lot, and display your security signage in prominent places that no one can miss. You might even put your employees behind bulletproof glass if your neighborhood has a high crime rate.
These are just a few things to keep in mind if you’re thinking about opening your own gas station. There are many more, of course, but these should be enough to get you started on your journey of self-employment. Good luck!