Numerous gas stations are owned by oil firms including Exxon, Chevron, and Shell throughout the US. These businesses supply their fuel to customers using the gas stations. However, not every gas station operated by an oil firm will bear the name of the company. While some of them are independently owned and run, they nonetheless supply gasoline from the oil firm. Gas stations are also owned and run by private individuals. These people might have developed a brand-new gas station from scratch or bought an already-existing one. They frequently buy fuel from petroleum producers or other vendors. But running a gas station is more complicated than just purchasing and selling fuel. Running a gas station involves a lot of expenses, such as property taxes, utilities, and upkeep.
Let’s evaluate a gas station business now that we are aware of who owns gas stations in the US. The amount of pumps a gas station has is a crucial consideration. A gas station can serve more consumers at once the more pumps it has. The gas station’s location is also very important. More people are likely to use a gas station that is close to a major highway or on a busy road than one that is on a quiet street. And finally, the state of the gas station is crucial. More people will frequent a tidy, well-maintained gas station than a run-down, filthy one.
Let’s look at Canada’s revenues for gas station owners before moving on. The average yearly pay for a petrol station owner in Canada, according to SalaryExpert, is about CAD 92,000. The size and location of the gas station will determine how this differs. Larger gas stations in busy regions typically produce more income and consequently pay their owners a higher wage.
Gas station owners in the Philippines can make a nice living. The average monthly pay for a petrol station owner in the Philippines, according to Indeed, is roughly PHP 50,000. The size and location of the petrol station will determine this, once again, and it varies. A gas station that is situated in a busy neighborhood where there are plenty of customers will probably make more money than one that is situated on a quiet street.
In conclusion, a range of businesses and people, including oil companies, private citizens, and franchisees, own gas stations in the US. The quantity of pumps, the location, and the state of the gas station are all things to take into account when evaluating a gas station business. Last but not least, proprietors of petrol stations in Canada and the Philippines can make a nice living, although this depends on the size and location of the station.