But I worked for a smaller company that had about 25 gas stations. And I was in charge for setting the prices at the stations.

Basically we wanted to make about 5% profit off of every gallon to cover the cost of hauling, the gas pump maintenance, etc.

Essentially, we broke even on gasoline in order to make money on the in-store sales. Look at sheets…. They are set up for in store sales…..

Everyone complains about the gas prices, but no one complains about the in-store items….

The only stores that may actually make money on gasoline are the stations that elevate the prices near an interstate exit, and don’t care about, or rely upon, repeat business…..

There’s also two different ways to sell gasoline - buy a tanker load and get stuck selling it at a loss if prices go down (or hit the jackpot if the price goes up - but over time it’s a wash)….. OR….. you sell it on consignment and let a larger company (like I worked for) assume the risk/reward in exchange for some stability in the income received from gasoline sales……

Ok….. That was a lot more than I meant to type…..
I think I should have just let it be… 🤣🤣

Now everyone on the board is in a trance……

Ohh…. And I’m editing to add that sheets did in fact try to undercut gasoline prices to drive us out (and we had to adjust accordingly)…. There’s not much money in gasoline, and it’s not hard to tell that sheets is focusing on the in-store items…


[Post edited by Stringbean at 04/24/2022 10:29AM]