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!!!
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.
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
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.
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!
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.
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.
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?
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
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!
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How To Start A Business with $50 - ruclips.net/video/njSDen0kN6Q/видео.html
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!!!
Hi I'm a Liberia
selling gatorade & chips to teenagers at 2am 📈📈📈
Exotic snack vending machines!
The only thing that turns me off is liability portion for EPA, it can be a hefty charge to stay in compliance
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.
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
PEU energies, I can’t find it on google ,where can I search up about it ?
Love u bro thanks for the info damn 👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼I really appreciate ur work man
Thanks!
Stop 💨
I enjoyed the content overall, but I still need to know how do I go about getting financing from the bank?
Very informative video thank you so much ❤❤❤❤❤
Excellent video
Love u man u show great website to me❤
When you said 50k a month is that profit or do you have to pay merchandise and employees from there
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.
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.
Vendors track what you sale and resupply as needed. A monkey cab do it.😊
Also managers and employees
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!
Get an accountant , 8 months is a short time
You can request tax records
@@fuzuzafitness8354 yeah I did but he isn't providing any. I ended up buying another business type instead
you NEED a good lawyer and accountant on your team. shocks me every time i see people buying and selling businesses w/out them.
@@patsimo can i ask what business you got into?
This is great information
Great work
Great info 👍🏽
Glad it was helpful!
Brooo
Tha cash flow is per month or per year?
🤔
I wanna know too haha ,if it's gross or net
@@dannykim6218 🤭
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.
Nice one. I would love to know how you made it this far, I have been unlucky while trying different types of lnvestments.
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.
@@jacobpetterson3873 I appreciate your kind words. Would you recommend me your financial advisor? I will love to start winning just like you.
Is it good to start a gas station now due to the gas prices?
I think so
You should be more worried if electric cars
@@Stephanerkt half gas half charger station
good video
This video is insightful and helpful
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!
Before expenses margins are low
Outstanding thank you very much
This is way too quiet
What the name of the app?
Thanks
In my religion I can’t sell cig, beer, or lotto tickets. Can I still make money?
Leave the religion. Cause it is t helping you financially.
Flat out no, because those are the things people come for in a gas station mostly
no cigs and beer are huge in america
No you should just stay at home 😂
@@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
Wait. Do you own gas station
Here it’s like 3.5M a gas station ⛽️
Very informative ❤❤❤❤❤
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?
Yes
Am Small business Woner
can i have this video written in the comment from you because i want to translate in my language and to understand better?😊
Bands
Awesome
$300 for tshirt equipment? That’s not true smh
too late for me- 62..i will just sell tshirts.
Great vid.
But the pronunciation of the words businesses and business, drove me nuts tho, jesus christ.
i own gas stations, its a good business. this guy doent know what he is talking about.
J'aime
So if you’re interested in opening a really good location, please let me know. I have my money opportunity sitting here for you.
How to make money in a gas station? Beer and Cigarettes sales, gas is a loss
Long term bad idea with people switching to electric.
Still profitable for the older age group of people
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
Not before 50 years
All about location and if I was the owner I would just add electric charging kiosks
Electric is a gimmick at the moment kept afloat by government stimulus. Only 2% of cars are fully electric.
dreadful vid
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!
Dm me
Horrible idea.