How To Start A Gas Station Business

Поділитися
Вставка
  • Опубліковано 2 кві 2022
  • Heres how you can start a gas station business. You can either buy one, do owner financing or get into a franchise. Most gas stations make more money from convenience stores and other businesses they have aside from the fuel income from the gas pumps. You can find gas station businesses for sale near you at this website www.bizbuysell.com/
    Follow & Connect with me on Instagram - / eannsingh
    ---------------------------------------------------------------
    ►GET 6 FREE STOCKS WITH WEBULL - act.webull.com/actv2/xzn/LTgB...
    ►GET 3 FREE STOCKS WITH ROBINHOOD - join.robinhood.com/eanns-378d...
    ►GET $50 FREE WITH M1 FINANCE - m1.finance/B4lL2dXQiL4e
    ►GET $10 IN FREE BITCOIN WITH COINBASE - www.coinbase.com/join/singh_uwgp
    ►GET $25 FREE WITH CRYPTO.COM APP - crypto.com/app/raa4ttxsxt
    ►GET $25 FREE WITH VOYAGER APP -
    voyager.onelink.me/WNly/refer...
    ---------------------------------------------------------------
    ►DISCOVER IT CREDIT CARD $50 FREE - refer.discover.com/s/eannsingh
    ►CHASE FREEDOM FLEX/UNLIMITED CREDIT CARD $200 FREE -www.referyourchasecard.com/m/...
    ►CHIME ONLINE BANK $100 FREE - chime.com/r/eannsingh
    ---------------------------------------------------------------
    BOOKS YOU SHOULD READ
    THE MILLIONAIRE NEXT DOOR - amzn.to/2RpH92q
    THE 4 HOUR WORK WEEK - amzn.to/33dwBdF
    THE INTELLIGENT INVESTOR - amzn.to/3auikw6
    A BEGINNERS GUIDE TO THE STOCK MARKET - amzn.to/3sDIF1k
    AWAKEN THE GIANT WITHIN - amzn.to/3v3DLfm
    ---------------------------------------------------------------
    MY UA-cam SETUP
    CAMERA - amzn.to/2Rk2A50
    MIC - amzn.to/3kUhcVB
    LIGHTING - amzn.to/33d5sHF
    TRIPOD - amzn.to/3l0qQpQ
    ---------------------------------------------------------------
    IMPORTANT INFORMATION
    ---------------------------------------------------------------
    Disclaimer:
    I am not a Financial Advisor. Content is solely from experience and opinions. Everything shared is for entertainment purposes only. Furthermore, certain risks are associated with the tips, suggestions and all information provided in this content. If you need advice please consult with a Financial Adviser and/or CPA. You are solely responsible for any and all financial decisions you make!
    Affiliate Disclosure:
    Some of the links on this page are affiliate links where if you choose to click, use or purchase through them I may earn affiliate commissions at no additional cost to you. As an Amazon Associate I earn from qualifying purchases.
    #BUSINESSIDEA #GASSTATIONBUSINESS #PASSIVEINCOME #EANN

КОМЕНТАРІ • 100

  • @eannsingh
    @eannsingh  2 роки тому +11

    How To Start A Business with $50 - ua-cam.com/video/njSDen0kN6Q/v-deo.html

  • @frankieroberson3398
    @frankieroberson3398 7 місяців тому +11

    I never thought I would fathom of owning a gas station until I resided in the Midwest and tired of the bad customer service in impoverished neighborhoods!!!

  • @RemiliaVampire
    @RemiliaVampire Рік тому +58

    selling gatorade & chips to teenagers at 2am 📈📈📈

    • @cemstrike
      @cemstrike 11 місяців тому +2

      Exotic snack vending machines!

  • @4islandbeauty
    @4islandbeauty 2 роки тому +17

    The only thing that turns me off is liability portion for EPA, it can be a hefty charge to stay in compliance

  • @user-wv8os9wy1v
    @user-wv8os9wy1v Місяць тому

    Love u man u show great website to me❤

  • @rgood247
    @rgood247 2 роки тому +7

    Excellent video

  • @brain_blend_
    @brain_blend_ Місяць тому +1

    Very informative video thank you so much ❤❤❤❤❤

  • @infiniteamo7079
    @infiniteamo7079 2 роки тому +3

    Great work

  • @stantonjohnson1689
    @stantonjohnson1689 9 місяців тому

    This is great information

  • @miguelrvs4899
    @miguelrvs4899 2 роки тому +8

    Love u bro thanks for the info damn 👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼I really appreciate ur work man

  • @dxc9138
    @dxc9138 Рік тому +1

    Great info 👍🏽

  • @kirkusarelius3365
    @kirkusarelius3365 Рік тому +1

    Outstanding thank you very much

  • @edwardcarter6408
    @edwardcarter6408 Рік тому +1

    This video is insightful and helpful

  • @ladynj8285
    @ladynj8285 3 місяці тому

    I enjoyed the content overall, but I still need to know how do I go about getting financing from the bank?

  • @NeoEscobar
    @NeoEscobar 2 роки тому

    What the name of the app?
    Thanks

  • @thehouseundergodinheavenme2218

    Awesome

  • @rocithebest6520
    @rocithebest6520 11 днів тому

    Brooo
    Tha cash flow is per month or per year?
    🤔

  • @KaybeeMashego
    @KaybeeMashego 7 місяців тому +2

    There's a growing one in South Africa and about to conquer Africa... PEU ENERGIES, you can buy a franchise for R1.6m which about less than $100k to own a franchise and start making money

    • @user-ib5yu3ti2m
      @user-ib5yu3ti2m 6 днів тому

      PEU energies, I can’t find it on google ,where can I search up about it ?

  • @jacobpetterson3873
    @jacobpetterson3873 Рік тому +13

    Retirement is not an end, but a new beginning.Your dedication today will pave the way for a future filled with financial security and the freedom to pursue your passions.Big ups to everyone working effortlessly trying to earn a living while building wealth. I’m 50 and my wife 44 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. Saving and investing lifestyle made it possible for us this early even till now we earn monthly through passive income.

    • @noahbrown1775
      @noahbrown1775 Рік тому

      Nice one. I would love to know how you made it this far, I have been unlucky while trying different types of lnvestments.

    • @jacobpetterson3873
      @jacobpetterson3873 Рік тому

      You’re not unlucky, I once felt this way but I didn’t stop. Don’t give up, you can still win. Just do your best to connect with the right people to help you grow and you will surely see changes.

    • @noahbrown1775
      @noahbrown1775 Рік тому

      @@jacobpetterson3873 I appreciate your kind words. Would you recommend me your financial advisor? I will love to start winning just like you.

  • @official_quadvlogs4068
    @official_quadvlogs4068 Рік тому +11

    When you said 50k a month is that profit or do you have to pay merchandise and employees from there

    • @juanlopez-gt2zw
      @juanlopez-gt2zw Рік тому +10

      I’m pretty sure that happens so let’s say u use 15k to pay workers etc, and expenses then u use some to pay for the gas u buy n the rest is profit.

  • @SAEED2HK
    @SAEED2HK 10 місяців тому

    Very informative ❤❤❤❤❤

  • @erolturk1445
    @erolturk1445 5 місяців тому

    Well, I may agree with you about not working for your own business and having other people work for you as you are out there. Looking for other businesses to purchase, but at first it would be a wise decision for you to put in the time and effort introduced business to see how it runs. See the profit where you can save how you can And make money. With you directly involved in the business, working for the business is the only way you're gonna get that outcome. So it would be a wise decision for you to work for your own business for a while. And then, after turning a profit, knowing the business properly. Then you may hire employees to work for your business.

  • @ambitiousbeauty1013
    @ambitiousbeauty1013 Рік тому +6

    It seems like a stressful business. Who orders all the stuff sold in gas stations and keeps it in stock? Also I have good credit. I assume I could get a loan to open a gas station.

    • @chrisatkins7022
      @chrisatkins7022 Рік тому +12

      Vendors track what you sale and resupply as needed. A monkey cab do it.😊

  • @patsimo
    @patsimo Рік тому +8

    How can we be 100% sure the seller provides reliable P&L and monthly statements? I am looking at a ''too good to be true'' deal, always the same reasons, I live away and cannot be hands on, I made this ton of profits when I was on site etc. He purchased it only 8 months ago! Isn't fishy? Would you suggest to hire a business attorney or accountant to verify the #'s? Thanks for your video and answer in advance!

    • @eannsingh
      @eannsingh  Рік тому +9

      Get an accountant , 8 months is a short time

    • @fuzuzafitness8354
      @fuzuzafitness8354 Рік тому +5

      You can request tax records

    • @patsimo
      @patsimo Рік тому

      @@fuzuzafitness8354 yeah I did but he isn't providing any. I ended up buying another business type instead

    • @Essays4College
      @Essays4College Рік тому +1

      you NEED a good lawyer and accountant on your team. shocks me every time i see people buying and selling businesses w/out them.

    • @aavash123
      @aavash123 Рік тому

      @@patsimo can i ask what business you got into?

  • @robertsanders2466
    @robertsanders2466 9 місяців тому

    Wait. Do you own gas station

  • @gerecurlzmotivational
    @gerecurlzmotivational 9 місяців тому

    Here it’s like 3.5M a gas station ⛽️

  • @wonderingmind5072
    @wonderingmind5072 Рік тому +3

    This is way too quiet

  • @taulantshigjeqi4768
    @taulantshigjeqi4768 7 місяців тому

    can i have this video written in the comment from you because i want to translate in my language and to understand better?😊

  • @cemstrike
    @cemstrike 11 місяців тому

    Bands

  • @ftc_oxy2929
    @ftc_oxy2929 2 роки тому +8

    Is it good to start a gas station now due to the gas prices?

    • @eannsingh
      @eannsingh  2 роки тому +2

      I think so

    • @Stephanerkt
      @Stephanerkt Рік тому +4

      You should be more worried if electric cars

    • @diegogardner6218
      @diegogardner6218 Рік тому +3

      @@Stephanerkt half gas half charger station

  • @babyblue7798
    @babyblue7798 10 місяців тому

    too late for me- 62..i will just sell tshirts.

  • @bigwill2482
    @bigwill2482 Рік тому

    $300 for tshirt equipment? That’s not true smh

  • @awaismalik_3549
    @awaismalik_3549 Рік тому +3

    In my religion I can’t sell cig, beer, or lotto tickets. Can I still make money?

    • @jeanclouivil7893
      @jeanclouivil7893 Рік тому +9

      Leave the religion. Cause it is t helping you financially.

    • @sohrabi947
      @sohrabi947 Рік тому +2

      Flat out no, because those are the things people come for in a gas station mostly

    • @iceyypeecat6692
      @iceyypeecat6692 Рік тому +1

      no cigs and beer are huge in america

    • @shornalyahmed3383
      @shornalyahmed3383 Рік тому +7

      No you should just stay at home 😂

    • @iceyypeecat6692
      @iceyypeecat6692 Рік тому

      @@jeanclouivil7893 bad idea thats like saying dont drink water because you can get drunk but also it is a good idea since islam is a fake ass religion

  • @justincampbell7938
    @justincampbell7938 8 місяців тому

    So if you’re interested in opening a really good location, please let me know. I have my money opportunity sitting here for you.

  • @jlux4481
    @jlux4481 9 місяців тому

    Great vid.
    But the pronunciation of the words businesses and business, drove me nuts tho, jesus christ.

  • @CTT36544
    @CTT36544 Рік тому +6

    11:25 Asking price $89K, cash flow $74.6K ...... Is it realistic? If yes, then only idiots will give it up. Way too fishy to be true!

    • @eannsingh
      @eannsingh  Рік тому +3

      Before expenses margins are low

  • @joebolick112
    @joebolick112 11 місяців тому

    How to make money in a gas station? Beer and Cigarettes sales, gas is a loss

  • @ronnysharma5083
    @ronnysharma5083 Місяць тому +1

    I am 17 and I only have one question. Some will find it pointless but regardless of that, Can I become a centimillionaire if not a billionaire owning gas stations? I start off with just 1 and as the business grows and profits, I buy more and more gas stations. So just a simple Yes or No?

  • @njfury2154
    @njfury2154 8 місяців тому

    dreadful vid

  • @notme989
    @notme989 2 роки тому +42

    Long term bad idea with people switching to electric.

    • @alvinwilkerson7269
      @alvinwilkerson7269 2 роки тому +19

      Still profitable for the older age group of people

    • @OfficialFXKassy
      @OfficialFXKassy 2 роки тому +55

      You can convert the pumps to charge stations and have the tanks taken out! Long term it’s still very profitable. It still cost $1 per charge minute for an electric car.
      Thinking long term don’t limit yourself

    • @dandenis5833
      @dandenis5833 2 роки тому +18

      Not before 50 years

    • @diegogardner6218
      @diegogardner6218 Рік тому +11

      All about location and if I was the owner I would just add electric charging kiosks

    • @cocoman6923
      @cocoman6923 Рік тому

      Electric is a gimmick at the moment kept afloat by government stimulus. Only 2% of cars are fully electric.

  • @kevingilmore1858
    @kevingilmore1858 2 роки тому +3

    Great video! Do you collaborate with projects or simply take ideas? I started a CRYPTO x CANNABIS NFT collection where we are partnering with a US Cannabis producer. Real utility!