Get Vacant Gas Station For Lease

Apart from the cost of land, the average investment is approx. ₹70 lakhs - ₹1 crore depending on the size of the gas station and the amenities/services provided.

Owners of successful gas stations can make anywhere between $40,000 and $100,000. However, more cars are put on the road every year, so the gas station industry will continue to grow. Regarding profit on fuel sales, most gas stations will manage an average of 3c a litre profit after expenses.

Revenue from Gas Stations with Convenience Stores has risen an annualized 4.0% to $457.4 billion over the course of the past 5 years from 2016-2021. Profit yielded $11.4 billion with a growth rate of 5.8% from 2016-2021. A profit margin of 2.5% remained steady from 2016-2021, a historically high level for the industry.

The average price of filling stations for sale in Nigeria is ₦480,000,000.

Ranges from $1.5 million to $6 million plus. The investment varies based on land value, lot size and product service offering (convenience store, quick service restaurant, carwash, other).

Evaluate the current value of your gas station business property to help determine how much you should charge for the lease. ... Set a leasing price. ... Contact your state or local Department of Revenue. ... Verify whether you need a leasing permit or license to lease your gas station in your state or locality.

The cost of owning a gas station in Canada can vary depending on various factors such as location, size, brand affiliation, and operational expenses. On average, the initial investment to build or purchase a gas station can range from $1 million to $5 million or more.

The average price of filling stations for sale in Nigeria is ₦480,000,000. The most expensive filling station costs ₦11,200,000,000 while the cheapest costs ₦28,300,000. There are 193 available filling stations for sale in Nigeria.