12/22/2023 0 Comments Open shell station near meThis is what brings customers to your store. Is there a convenience store at your gas station?.Questions regarding ownership and maintenance.You may be eligible for rebates on fuel sales.You must agree to the terms of your franchise agreement.The primary benefit of a franchised station is name recognition, trademarks, trade designs, and canopy associated with the national branding, The primary benefit of owning an independent station is saving on franchise fees and having independence on managing your gas station.īe sure to consider and discuss the following items with your gas station business broker and lawyer if the gas station that you’re buying is franchised: It is important to compare the benefits and drawbacks of independent and franchised stations when you buy a gas station. Their fuel source is from a variety of regional suppliers. Independent stations do not receive support from any national suppliers. Franchised stations operate under a Franchise Agreement with national suppliers like Exxon or BP. Most gas stations fall under the “franchised”, or “independent”, station category. Is The Gas Station Franchised or Independent? Before you sign a purchase contract for a gas station, consider the following 5 factors. There are many legal considerations that must be considered when you buy a gas station. Given gas stations are an essential business, it’s obvious that they make a good investment for the small business owner. A convenience store is available at more than 80 percent of these stations. Our country has more than 120,000 gasoline stations. Trucks are needed to transport goods and people need to drive to work. Our economy literally runs entirely on gasoline. Complimentary Business Valuation Requestīecause America’s fuel demand is always increasing, that is why it is a good investment to buy a gas station makes a good small business investment.Bay Area Commercial Real Estate For Sale.California Business Opportunities For Sale.
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