How to Start a Gas Station Business with Shabbir Hossain on the Immigrant CEO Show

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Комментарии • 37

  • @popeye8427
    @popeye8427 Год назад

    I just received the book yesterday. I love the book

  • @jeffreydavis5219
    @jeffreydavis5219 Год назад

    I would like to start a franchised circle k in Las Vegas I have so many questions the location? do you own the land ?can you carry additional items for sale in your store? how do you secure financing for this sba /bank ?I want to be working on my location 16 hours a day 7 days a week in the beginning then I would like multiply the process own between 4-8 locations I am an extremely hard working individual highly organized

  • @jannikefonseca5035
    @jannikefonseca5035 4 года назад +8

    this lady is not asking the right questions??? what about how to get the capitol to invest? how to actually own? the difference in owning vs lease gas station? like.....wtf!

    • @sanamkambojo9103
      @sanamkambojo9103 3 года назад +3

      We have 4 gas stations across california and working on a deal for another 2 and have sold 3 before this. If you have any questions fire away.
      Capitol to invest is a hard question to answer. You can get a gas station for about 500k to 1 million dollars, but these are low end gas stations. These run better when you work there yourself, but then you are just buying yourself a job. Typically you will need 12-25% down on the gas station with property for a bank loan. If its a business only then its typically 35-50%. The only experience bankers really look for is if you've worked at a C-store. You need excellent credit as well but thats a given. I would never lease a gas station. Nowadays gas station owners want only to sell the business and keep the land. So you will pay them rent/lease payments, but they typiccally structure this in a way where you are only making 5-10k a month maximum if you are working there or you run it with your family. Gas station owners also do this so if you cant make a payment or make a mistake with the calculation of how much you can make, they buy the business back at a heavy discount from you all while collecting past lease payments.

    • @wydmark
      @wydmark 3 года назад +2

      @@sanamkambojo9103 Hello sir, I live next to the Dhanani family in Sugar land Tx, and they have built a billion dollar gas station empire. I am 19 and want to understand where to start can you please guide me. I am going to get a job at a gas station and learn the ins and outs. Thank you sir!

    • @ziggyc4474
      @ziggyc4474 3 года назад

      @@sanamkambojo9103 can you lead us to a lender who specializes in this type of funding and do SBA finance these businesses ?

    • @ziggyc4474
      @ziggyc4474 3 года назад

      @@sanamkambojo9103 500k to 1 million lower end what do upper end go for as in price ?

    • @sanamkambojo9103
      @sanamkambojo9103 3 года назад

      @@ziggyc4474 umqua bank celtic bank

  • @abolajikosoko9906
    @abolajikosoko9906 Год назад

    Can I get the book on amazon

  • @darrelldamon2745
    @darrelldamon2745 5 лет назад

    Very much appreciated

  • @kunalanand4871
    @kunalanand4871 5 лет назад +5

    whats ur email to contact for any questions which i have ?

  • @cgman7325
    @cgman7325 5 лет назад +2

    I wish he mentioned about why the veeder root and load dump always differs? Also I would like to know how to get a good station in southwest Florida?

    • @ricaudpierre3944
      @ricaudpierre3944 4 года назад

      IM ACTUALLY SELLING 22 OFF MARKET GAS STATION ⛽ IN 4 DIFFERENT STATES.
      LOCATION: OK, AR, AL & TX
      ricaudpierre505@gmail.com. Contact me for more information

  • @asmayeasmin5697
    @asmayeasmin5697 4 года назад +1

    Assalamu Alikum. How can I contact you? I want to buy gas station.

    • @wewinhomes
      @wewinhomes  4 года назад +1

      Asma Yeasmin you can contact shabir

  • @Limabravo29
    @Limabravo29 4 года назад

    Great interview and very very valid question, thanks to both of your

  • @ziggyc4474
    @ziggyc4474 3 года назад

    10k is still low i know electrician buddies making 250k to 300k in California as journey man and hvac journeyman as well and really work like 7 hrs a gas station to me better be making me at least 20k net a month.

  • @maddy0299
    @maddy0299 3 года назад

    How to contact him!

    • @ziggyc4474
      @ziggyc4474 3 года назад

      Buy book its on there

  • @suntemple2604
    @suntemple2604 5 лет назад +2

    Everything is amazing or great to this lady
    She's too much

    • @truejavario
      @truejavario 4 года назад

      I mean.. is she? Everyone doesn't share information without a price of quid pro quo.

  • @cougar2013
    @cougar2013 4 года назад +8

    Looks like Indian Anthony Bourdain lol

  • @jimervin387
    @jimervin387 4 года назад +1

    Looks like all his fiends and relations read his book. You want gas? You get a taste of India every time. No service, just give them your card. And you'd better have the correct change if you've got cash. They can't even make change anymore, at least not around here.

  • @bigdawghomie7176
    @bigdawghomie7176 2 года назад +1

    When did Arabs get the title "Indians" but my grandma is full blooded Cherokee

    • @march1708
      @march1708 2 года назад

      When did Cherokee become Indian?

  • @kumarbhattarai5181
    @kumarbhattarai5181 5 лет назад +2

    Spider-Man