Quote:
Originally Posted by ken0042
The pie chart is correct. The guy who owns the local station makes very little on gasoline. The key to remember is your Esso station down the road is likely owned by a franchisee, not Imperial Oil.
When I worked at a gas station the gasoline sales were a break even proposition. That paid for the rent, the electricity, etc. Anything we could sell over and above the gas was profit though. So on a $40 fill up the owner doesn't make a penny. But as soon as I buy a can of pop he's just made some money off me.
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I used to work at Esso back in University, I seem to recall that money from fuel sales, paid for your employees (up to minimum wage) and that was it...but i could be wrong, having said all that, just here to back up your statement, Gas Stations have expenses paid thats it and alll of them are franchised. And there is a real lack of control when you own a station, at least that was the impression my owner gave me..When Tim Hortons/Esso went into business together, Esso made each franchisee buy X amount of product everyday....even though we would end up throwing 80% of it out.