Comment by bluGill

Comment by bluGill 2 days ago

0 replies

Gas is lower margin than the other things in a convenience store, but they sell enough more gas than anything else that much of the money is there. I haven't checked in 10 years, but at one time I did read the share holders information from a convenience store and for that brand it was about 1/3 gas, 1/3 tobacco, 1/3 everything else. Tobacco is very high margin but very few people buy it. The everything is is a nice high margin, and most people buy, but they don't buy every trip. Gas is what gets people in the doors and often is all people get.