Quote:
Originally Posted by j8tg
I have owned a fuel equipment distributorship out west for 25 years and have seen a sea change in our geographic market that is either already in your back yard or will soon be. Big box retailers have discovered it is a great loss leader to drive traffic into their stores and their pricing policies will typically crush a small retailer--even if he is flying a major oil flag. Our independent market is down to "new Americans" who typically survive only because they have no labor costs--all staffing is family. If there is any chance a Wally Mart, Costco,Kroger,Sam's Club retail operation is or could be located nearby I would only build a cash flow projection based on inside sales but still including all of the regulatory and equipment costs of having fueling out front.
TG
1986 930--Sold
1981 R100S
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Around here it's Kroger. Paid $2.99 the other day (with customer rewards card) for regular when everyone else is charging $0.30 more per gallon.