|
Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
|
Gas stations/convenience stores are a very low margin, high capital and highly labor intensive businesses. In my opinion they do not make nearly the profit to justify the risk of the capital investment and they are even farther from justifying the labor it takes to run the profitably. At the expected profit margins you're a sneeze away from going into the red. I think it's a bad idea.
If you want commercial property you're far better off buying an office building or light commercial/industrial.
__________________
MRM 1994 Carrera
|