Shell to unload 1,000 retail locations in pivot to EV charging
03-22-24, 08:07 AM
#46
I typically also just get gas and go, I think most people do. Sometimes if I'm thirsty I will go in and get a drink or a snack.
They wouldn't be building all of these Sheets and Buc'ees and Wawas and Royal Farms everywhere if everybody always just got gas and went lol. EV chargers are a great option in those places and a lot of them already have them. I can stop for 25 minutes to charge and have lunch and all, thats great. Way better than stopping in a Walmart parking lot to charge
They wouldn't be building all of these Sheets and Buc'ees and Wawas and Royal Farms everywhere if everybody always just got gas and went lol. EV chargers are a great option in those places and a lot of them already have them. I can stop for 25 minutes to charge and have lunch and all, thats great. Way better than stopping in a Walmart parking lot to charge
Or I can not do that and blaze through to final destination and have 5%-30% (depending on car) and then have to find a spot for quick meal, just without charging.
03-23-24, 09:40 AM
#47
Lexus Test Driver
Yes, I represent three gas station owners. I already said that.
They typically do not own the land, it’s usually on a ground lease. The fuel distributors usually do the build out and then the operator pays them back out of their profits. It’s financed by the fuel distributor, they normally don’t need to secure any outside financing. Owning the land under gas stations is a good gig.
The operator then makes their profit off of what’s left over after the franchise costs and the wholesale cost of the fuel, profit per gallon in about .08-12 cents per gallon. The revenue mainly comes from the ancillary services, and operators actually sometimes rent those out. For instance the car wash at a station might be rented by a second person and the equipment inside it belongs to them, same with a repair shop.
They typically do not own the land, it’s usually on a ground lease. The fuel distributors usually do the build out and then the operator pays them back out of their profits. It’s financed by the fuel distributor, they normally don’t need to secure any outside financing. Owning the land under gas stations is a good gig.
The operator then makes their profit off of what’s left over after the franchise costs and the wholesale cost of the fuel, profit per gallon in about .08-12 cents per gallon. The revenue mainly comes from the ancillary services, and operators actually sometimes rent those out. For instance the car wash at a station might be rented by a second person and the equipment inside it belongs to them, same with a repair shop.
When i think of gas station business - I’m referring to a company that owns and operates multiple locations usually more than 10. They typically have long term land lease but often own the RE and the pumps. These are the ones I have come accross and know. They sell under Shell, BP, Gulf etc.
Are there individual operators which dont own anything? Sure
Its not surprising they dont make much profit since they didn’t
make any capital investment into the business.
03-23-24, 10:41 AM
#48
Lexus Fanatic
iTrader: (20)
ha, as you probably know, hurricane damage is almost entirely in coastal areas and typically that's mostly south florida (both sides), the gulf coast, NE florida (jacksonville area). the rest of the state (vast) is largely unaffected except maybe tree damage and some flooding now and then. buildings are also built (by code) to withstand 135+mph winds so that helps, unless you're in a mobile home. 
when i was deciding to move to florida, i'd already picked out ocala (nw central florida, nw of orlando) because it was rarely impacted by storms. i've been here 19 years now. the worst year was when my home was being built before i moved (2004) and that took down a few trees on my property, but other than that it was fine. but yes, sanibel island for example (sw florida) had enormous damage recently. lovely place but i wouldn't live there. i also watch with amazement at the growth in miami. it's only a matter of time.
now that's funny. i wouldn't go into walmart just for a beverage, but shopping? sure. it's significantly cheaper than other stores for the same thing. don't go often, but when i have a bunch to get it's a good option. their online store/app is now excellent too. the stores vary widely too. some are nice and spotless, others rather dingy.
i'm a "don't have to get gas ever" guy*.
*well my lexus needs it but that's a weekend car, so gas is about every 3-4 months
gas stations do make money from gas, but it's low margin but businesses like you mention do huge volume and typically have great locations. the stores however are huge margin and obviously tons of people go in to get a drink or a snack or one of those week old slowly spinning hotdogs 
all with giant margins. plus lottery tickets, cigarettes, alcohol are also great money makers. and of course car washes, the gouging atm machine, etc.
when i was deciding to move to florida, i'd already picked out ocala (nw central florida, nw of orlando) because it was rarely impacted by storms. i've been here 19 years now. the worst year was when my home was being built before i moved (2004) and that took down a few trees on my property, but other than that it was fine. but yes, sanibel island for example (sw florida) had enormous damage recently. lovely place but i wouldn't live there. i also watch with amazement at the growth in miami. it's only a matter of time.
i'm a "don't have to get gas ever" guy*.
*well my lexus needs it but that's a weekend car, so gas is about every 3-4 months
When i think of gas station business - I’m referring to a company that owns and operates multiple locations usually more than 10. They typically have long term land lease but often own the RE and the pumps. These are the ones I have come accross and know. They sell under Shell, BP, Gulf etc.
all with giant margins. plus lottery tickets, cigarettes, alcohol are also great money makers. and of course car washes, the gouging atm machine, etc.
03-23-24, 01:10 PM
#49
Lexus Champion
Thread Starter
A lot gas stations around my work also have chains like Subway running out of them. I go occasionally to a Chevron near my work to pick up a Subway sandwich. They also have a hand carwash, a bit on the pricey side
03-23-24, 01:31 PM
#50
Lexus Test Driver
I'm sad but RIP for $5 foot long. Haha
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AMIRZA786 (03-23-24)
03-23-24, 01:35 PM
#51
Lexus Champion
Thread Starter
. My last sandwich there was a 6" Egg and cheese for $8 and some change. That's without chips and a drink. There are two nice ladies that work there, sometimes they will throw in avocado for free 😂
03-23-24, 01:46 PM
#52
Lexus Fanatic
I think me and you are discussing 2 different things.
When i think of gas station business - I’m referring to a company that owns and operates multiple locations usually more than 10. They typically have long term land lease but often own the RE and the pumps. These are the ones I have come accross and know. They sell under Shell, BP, Gulf etc.
Are there individual operators which dont own anything? Sure
Its not surprising they dont make much profit since they didn’t
make any capital investment into the business.
When i think of gas station business - I’m referring to a company that owns and operates multiple locations usually more than 10. They typically have long term land lease but often own the RE and the pumps. These are the ones I have come accross and know. They sell under Shell, BP, Gulf etc.
Are there individual operators which dont own anything? Sure
Its not surprising they dont make much profit since they didn’t
make any capital investment into the business.
The operator owns the pumps and equipment, they are just financed by the distributor.
now that's funny. i wouldn't go into walmart just for a beverage, but shopping? sure. it's significantly cheaper than other stores for the same thing. don't go often, but when i have a bunch to get it's a good option. their online store/app is now excellent too. the stores vary widely too. some are nice and spotless, others rather dingy.
gas stations do make money from gas, but it's low margin but businesses like you mention do huge volume and typically have great locations. the stores however are huge margin and obviously tons of people go in to get a drink or a snack or one of those week old slowly spinning hotdogs all with giant margins. plus lottery tickets, cigarettes, alcohol are also great money makers. and of course car washes, the gouging atm machine, etc.
all with giant margins. plus lottery tickets, cigarettes, alcohol are also great money makers. and of course car washes, the gouging atm machine, etc.
03-23-24, 01:47 PM
#53
Until recently Subway had BOGO free foot long. $10 for two foot longs. Now I think the special is BOGO half off.
03-23-24, 07:04 PM
#54
Lexus Fanatic
iTrader: (20)
it's great fun to drive, quick, slow, cruising, etc. i have the dynamic handling package which gives it amazing steering.
funny though, the drivetrain feels ancient compared to my ev. it's not slow though, and sounds amazing.
anyway, i'd say we're way off topic on this thread.
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BayeauxLex (03-24-24)
03-24-24, 12:39 AM
#55
Lexus Test Driver
I've noticed the 7/11's here seem to be slowly removing their gas pumps and just transitioning to convenience stores only. If I had to guess, the transition happens on a by-location basis when it comes time that the tanks would need significant repairs or replacement. At that point, they just tear it out because it's not worth the investment to keep going.
Maybe they'll put charging stations in where the pumps were, right now i just see big empty pavement, not even painted with parking stalls. We're going to need a lot of pull-through charging infrastructure for trucks that are towing. That said, I'd hate to use a convenience store sized corner lot for charging given the slower charge times. Gonna be a lot of impatient people depending on the growth of charging locations vs growth of EV sales. Though I guess that will be offset somewhat by people charging at home/work.
Maybe they'll put charging stations in where the pumps were, right now i just see big empty pavement, not even painted with parking stalls. We're going to need a lot of pull-through charging infrastructure for trucks that are towing. That said, I'd hate to use a convenience store sized corner lot for charging given the slower charge times. Gonna be a lot of impatient people depending on the growth of charging locations vs growth of EV sales. Though I guess that will be offset somewhat by people charging at home/work.
03-25-24, 07:11 AM
#56
Lexus Champion
Thread Starter
This morning passed several gas stations heading to work...average is around $4.79 for Unleaded. That's the cash price . And it's not even summer yet. Good God. I don't think gas prices are going down here in Cali anytime soon
. And it's not even summer yet. Good God. I don't think gas prices are going down here in Cali anytime soon
03-25-24, 11:58 AM
#57
Lexus Test Driver
California is my consolation prize for Nevada having the second highest gas prices.
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AMIRZA786 (03-25-24)
03-25-24, 12:05 PM
#58
Lexus Champion
Thread Starter
Lol no consolation prize here for being first! I was in Carson City, NV last summer, and gas was a lot cheaper than California. The cheapest gas I've seen so far is one of my cousins who lives in Houston shared his receipt in a Whatsapp group chat....$2.30...for Premium 😕. I think he was trying to make us feel bad. Mission accomplished
03-25-24, 12:55 PM
#59
Lexus Test Driver
Lol no consolation prize here for being first! I was in Carson City, NV last summer, and gas was a lot cheaper than California. The cheapest gas I've seen so far is one of my cousins who lives in Houston shared his receipt in a Whatsapp group chat....$2.30...for Premium 😕. I think he was trying to make us feel bad. Mission accomplished
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AMIRZA786 (03-25-24)
03-25-24, 01:00 PM
#60
Lexus Champion
Thread Starter
