Quote:
Originally Posted by Bdog
Gas stations are a low margin business. The profit isn't in selling gas, but in the extras. The more customers you can churn through your convenience store buying high margin hot rods, windshield washer fluid, chocolate bars, and car washes, the more profitable your location. Yes, there are still 4 pump gas stations that survive, but almost no new ones being built. Dozens of small gas stations, including Domos, have shut down over the past 30 years.
|
Sure, of course there are bigger profits in the convenience store items, but somehow Domo has managed to survive with a business model that doesn't rely on having a huge footprint. They still operate 17 or 18 locations in Winnipeg, this is a far cry from 'not feasible.' All I'm saying is, if we want smaller gas station is urban areas, we have to zone for that, and the gas companies will find a way to make it work if they want in.