Pit Stop Money
5 Gas Station Franchise Business Opportunities
If you are looking for a way to be your own boss, owning a business is definitely something that you will want to consider. The question is what type of business should you start up and how do you go about generating the amount of revenue that you will be pleased with. If there is one constant in life, it is that people enjoy driving their own cars. This means that there is an almost limitless potential for gas stations around the country, each one capable of generating a positive cash flow by offering specialty products. Here are five such opportunities that you might want to consider.
Start Your Own Bakery Franchise
Gas stations often make money by selling a variety of food and beverages within the store. Obviously, they do not make these items themselves. You will find that many gas stations contract with other local companies to sell their products. This could be a benefit to your new bakery franchise as your partner with a variety of gas stations in the area. You can drop deliveries and expand stations as you grow.
Become the Owner of a Gas Station Franchise
One of the most obvious ways of getting into this business is to buy your own gas station franchise. This comes with instant name recognition. Look for a location that is ripe for a steady stream of customers, develop a solid business plan, and then prepare to run a successful business. Look at where there are gaps in the market. Inform yourself with a real estate agent following fast growing areas in town that don’t have services yet. You can beat the competition and have a steady flow of customers that way.
Operate a Cooler Display Inside Gas Stations
Customers are drawn to displays that are colorful and hold items that they are interested in. When people walk into a gas station after driving in the hot sun for hours, they are naturally drawn to a three door commercial display cooler that greets them as they open the door. Market these and you could have a winning business. You can work with a local gas station and split profit, or fill the display with local brewery and juice items customers can’t get from big chain stations. This will become a win win for you both.
Partner a Fast Food Chain with a Gas Stations Franchise
A common trend around the country is to share building use between a gas station and a leading fast food franchise. A good opportunity is to get in on the ground floor of such an operation in your area. The potential prospects are endless.
Become an Owner and Operator of ATM’s Inside Gas Stations
People are always needing access to cash. Gas stations are a prime location for ATMs. Become an owner and operator of these machines in a number of gas stations around the region to earn a great income.
These five ideas illustrate how many different ways there are to make money by doing business in one way or another with a gas station. You do not necessarily have to own a franchise to get in on this money making opportunity. Decide which of these possibilities suits you the best and then begin to pursue it.
Kara Masterson is a freelance writer from Utah. She enjoys Tennis and spending time with her family.
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