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Registered
Join Date: Aug 2000
Location: Palm Beach, Florida, USA
Posts: 7,713
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They are selling the business for three times monthly income, not profit. The reason they are willing to sell for such a low price, is because they aren't making any money. Buying a gas station in this economy is a bad idea. Do a little research and you will see that the number of gas stations/convenience stores has declined greatly over the past several years. It's just not a good business to get into. Can someone make money with a gas station/convenience store? Yes, but the odds are against it.
If you want to get into an auto – related service industry, a tire battery accessory store is a much much better idea. Check into that type of commercial property instead. I think you'll find it compares very favorably to a gas station and convenience store.
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