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Old 08-14-2019, 01:54 PM   #1
Dushon
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Default Anyone own a gas station?

Need to ask you some questions


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Old 08-14-2019, 02:38 PM   #2
tex4k
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Nope! Didn't know "gas stations" were a thing anymore! All I see are convenience store with self-serve pumps.
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Old 08-14-2019, 02:45 PM   #3
nchunter
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I don’t own one, but here’s what everyone will say.
They don’t make money on gas, the margin is too low, you can’t find help, you barely make money on the convenience store and employees will rob you blind.
At the same time some of the richest families I know own them.
So someone is lying.
Let me know if you discover anything else.


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Old 08-14-2019, 02:49 PM   #4
TxSon1836
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I could after a Saturday night of Mexican food.........
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Old 08-14-2019, 02:52 PM   #5
Dushon
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I need to know how the pump side works. Like who comes to inspect them to make sure everything’s up to par before we pull the trigger on this place. Not much info online


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Old 08-14-2019, 03:02 PM   #6
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My dad built one in my hometown when I was younger. Made decent money but he sold due to dealing with employees. It was always something. They are worth it IMO if you can handle the headache. I've considered it myself here in West Texas.
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Old 08-14-2019, 03:07 PM   #7
jmac24
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We have financed quite a few of them in my past banking career. I know that through the financing process, you have to have them inspected by a qualified inspector. A Phase I environmental at a minimum and depending on what that shows, maybe a Phase II. If they find any leakage, then that has to be remediated before going any further. On the pump side, most of the time you can get a contract with a jobber that will put in the pumps and signage in return for the gas contract.
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Old 08-14-2019, 03:26 PM   #8
Spoiled_TN_boy
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https://www.gilbarco.com/us/products

Not a gas station, BUT we used a guy out of Dallas to help design and install our 10k gallon 180 proof ethanol tank. He performs annual inspection on pump and veeder root system. Veeder root box performs daily leak check calculations based on level calculations.
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Old 08-14-2019, 03:49 PM   #9
westtexducks
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Have you tried calling the ag dept weights and measures and seeing who they might suggest or if they have any help on that process?


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Old 08-14-2019, 04:00 PM   #10
wtx223
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Quote:
Originally Posted by Dushon View Post
I need to know how the pump side works. Like who comes to inspect them to make sure everything’s up to par before we pull the trigger on this place. Not much info online


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Inspect the dispensers and underground tanks or the dirt before those are installed?
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Old 08-14-2019, 04:01 PM   #11
wtx223
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Or are you looking at an existing location and need these things inspected?
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Old 08-14-2019, 04:05 PM   #12
Dushon
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Originally Posted by wtx223 View Post
Or are you looking at an existing location and need these things inspected?


This. I can’t find any independent people who inspect them to make sure they’re working properly. The store has been closed down for about 3 years


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Old 08-14-2019, 04:07 PM   #13
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The tanks have been pressure checked for leaks and they’re good. But I can’t find anything in the pump side


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Old 08-14-2019, 04:07 PM   #14
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Quote:
Originally Posted by Dushon View Post
I need to know how the pump side works. Like who comes to inspect them to make sure everything’s up to par before we pull the trigger on this place. Not much info online


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If you're looking to buy an older place get it REALLY inspected. It would really suck 6 months after you buy if they shut you down for a leak.
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Old 08-14-2019, 04:10 PM   #15
TeamAmerica
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they could be a big environmental liability. talk to a banker who loans on these and ask them what they require. your interests and theirs will be aligned. and budget a big contingency on top of it.
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Old 08-14-2019, 04:17 PM   #16
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Quote:
Originally Posted by Dushon View Post
The tanks have been pressure checked for leaks and they’re good. But I can’t find anything in the pump side


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What town?

I own some stores in El Paso, but know store owners across state and some pump service companies are state wide.
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Old 08-14-2019, 04:20 PM   #17
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I thought the front of most all pumps, had a sticker saying who inspects services them, and a sticker as well for the people who make sure you're not being cheated etc..
Might go look on a pump, at a current gas station.....?
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Old 08-14-2019, 04:21 PM   #18
Dushon
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Quote:
Originally Posted by wtx223 View Post
What town?

I own some stores in El Paso, but know store owners across state and some pump service companies are state wide.


Brenham


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Old 08-14-2019, 04:22 PM   #19
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Originally Posted by MadHatter View Post
I thought the front of most all pumps, had a sticker saying who inspects services them, and a sticker as well for the people who make sure you're not being cheated etc..
Might go look on a pump, at a current gas station.....?


The plastic covers are off the pumps so it’s just the guts. No stickers/numbers on em


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Old 08-14-2019, 04:38 PM   #20
wtx223
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Try D&H/United Pump Supply out of Houston.
They are in El Paso as well and use them often.

If they will not go that far, they should be able to point you in right direction to inspect pumps.

Before opening though, you will need a to register devices with Department of Ag, get a delivery certificate from TCEQ, and more than likely a city and/or county inspection.
Insurance as well.

Be careful with older equipment...new requirements for card readers, chip readers, etc are mandatory in next 6-12 months. Make sure they will be compatible.
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Old 08-14-2019, 04:41 PM   #21
Dushon
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Originally Posted by wtx223 View Post
Try D&H/United Pump Supply out of Houston.
They are in El Paso as well and use them often.

If they will not go that far, they should be able to point you in right direction to inspect pumps.

Before opening though, you will need a to register devices with Department of Ag, get a delivery certificate from TCEQ, and more than likely a city and/or county inspection.
Insurance as well.

Be careful with older equipment...new requirements for card readers, chip readers, etc are mandatory in next 6-12 months. Make sure they will be compatible.


Thanks for the heads up. Are you independent on the gas or are you contracted through a Valero/shell ect?


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Old 08-14-2019, 04:53 PM   #22
wtx223
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Quote:
Originally Posted by Dushon View Post
Thanks for the heads up. Are you independent on the gas or are you contracted through a Valero/shell ect?


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Valero
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Old 08-14-2019, 05:09 PM   #23
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Another way to word your question is.....Are any of you guys pakastani?
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Old 08-14-2019, 05:39 PM   #24
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They are a pain and expensive, you can call or text me. (940)550-5179
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Old 08-14-2019, 05:44 PM   #25
CTR0022
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My grand parents owned a Texaco. It can make money but the biggest issue they had was finding employees to run it when they were not there. They pretty much had to run it 24/7 by themselves. Good luck trying to get people to work the holidays for you... they ended up selling it and moving on
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Old 08-14-2019, 07:24 PM   #26
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Quote:
Originally Posted by Dushon View Post
This. I can’t find any independent people who inspect them to make sure they’re working properly. The store has been closed down for about 3 years


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The TCEQ website will give you a list of licensed tank companies. Anyone who works on ust's is regulated/licensed by them.
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Old 08-14-2019, 07:30 PM   #27
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You might try this company located here in Victoria. I am not sure how big of an area they cover and if they do inspections. But from my understanding, they do maintenance on a lot of pumps in the area. I will PM you the name of a gentleman I know that works there. But I am not really sure of his position. http://www.petroleumsolutionsinc.com/
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Old 08-14-2019, 07:40 PM   #28
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Pm sent
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Old 08-14-2019, 07:47 PM   #29
Trevor73402
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It seems like some people on here are always so negative and “worrisome” about all the what-ifs/doom & gloom that it would potentially detour anyone from ever doing anything that actually involves risk......like being successful. Everything can be accomplished and overcame one step at a time. The guy said his tanks don’t leak.....drop it.

I live in a town of 26,000+ people. There are countless gas stations. They are all owned by 1-2 families. Guess what.....they are some of the wealthiest people in this town. They have since started buying/building hotels here. Anyone who says you can’t make money at it just isn’t good at business.
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Old 08-14-2019, 08:02 PM   #30
eradicator
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Quote:
Originally Posted by Trevor73402 View Post
It seems like some people on here are always so negative and “worrisome” about all the what-ifs/doom & gloom that it would potentially detour anyone from ever doing anything that actually involves risk......like being successful. Everything can be accomplished and overcame one step at a time. The guy said his tanks don’t leak.....drop it.

I live in a town of 26,000+ people. There are countless gas stations. They are all owned by 1-2 families. Guess what.....they are some of the wealthiest people in this town. They have since started buying/building hotels here. Anyone who says you can’t make money at it just isn’t good at business.
You can make money for sure, but it's not necessarily the gas that makes the money.
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Old 08-14-2019, 08:05 PM   #31
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I know a business owner who was making 250K a year that quit his day job and opened a large Convince Store that sold gas in Galveston............
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Old 08-14-2019, 08:20 PM   #32
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Originally Posted by Johnny Dangerr View Post
I know a business owner who was making 250K a year that quit his day job and opened a large Convince Store that sold gas in Galveston............
So he was convinced he could make money!
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Old 08-14-2019, 08:22 PM   #33
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Having an uncle with a business he only “rented” the equipment from a supply company. He made around 3-4¢ per gallon. They installed the tanks/pumps/metering systems. All we done was call in the tank soundings/ pump meters of an evening to let them know of an issue/consumption. It was merely a convenience to get people into the store. His money was made in the deli/custom meat dept.
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Old 08-14-2019, 08:36 PM   #34
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Originally Posted by eradicator View Post
You can make money for sure, but it's not necessarily the gas that makes the money.
It’s the “convenience” that makes the money. If you can sell beer, you could sell the gas at cost. My son’s girlfriend runs one, and help is definitely a problem. It’s a constant parade of employees, but I figure a guy could fix that by paying a little more than average. If I weren’t so old, I’d open a good one in Troup and put these other two out of business.
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Old 08-14-2019, 09:00 PM   #35
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Quote:
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Another way to word your question is.....Are any of you guys pakastani?


Straight German


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Old 08-14-2019, 09:02 PM   #36
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Fuel margins the last several years are much better than they were a decade ago.

Stores can make very good profits on fuel these days.
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Old 08-14-2019, 09:02 PM   #37
Dushon
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Quote:
Originally Posted by Bowdark View Post
The TCEQ website will give you a list of licensed tank companies. Anyone who works on ust's is regulated/licensed by them.


Will check into that. Thank you sir


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Old 08-14-2019, 09:03 PM   #38
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Quote:
Originally Posted by wickll View Post
You might try this company located here in Victoria. I am not sure how big of an area they cover and if they do inspections. But from my understanding, they do maintenance on a lot of pumps in the area. I will PM you the name of a gentleman I know that works there. But I am not really sure of his position. http://www.petroleumsolutionsinc.com/


Ok your pm makes a lot more sense now. I should have checked this first. Thank you sir.


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Old 08-14-2019, 09:05 PM   #39
Dushon
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Quote:
Originally Posted by Trevor73402 View Post
It seems like some people on here are always so negative and “worrisome” about all the what-ifs/doom & gloom that it would potentially detour anyone from ever doing anything that actually involves risk......like being successful. Everything can be accomplished and overcame one step at a time. The guy said his tanks don’t leak.....drop it.

I live in a town of 26,000+ people. There are countless gas stations. They are all owned by 1-2 families. Guess what.....they are some of the wealthiest people in this town. They have since started buying/building hotels here. Anyone who says you can’t make money at it just isn’t good at business.


Yessir. We’re cautious, but calculated, at the end of the day you gotta take a chance to get ahead. If it didn’t require risk everyone would do it I suppose.


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Old 08-14-2019, 09:11 PM   #40
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Quote:
Originally Posted by tex4k View Post
Nope! Didn't know "gas stations" were a thing anymore! All I see are convenience store with self-serve pumps.
Well, that doesn’t sound very convenient.
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Old 08-14-2019, 09:35 PM   #41
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https://texasagriculture.gov/Portals...ts/PIR/lsc.xls

If his doesn’t pull up, go to Dept of Ag, regulatory programs, weights and measures, forms/publications (on the right side), and click on “list of registered service companies”. You will need to sort by the far right
Column and want Class 5 and Class 6 licenses companies. These are the liquid measuring decice service companies.

Likensaid above, you will need to register devices with W&M and when you get your registration paperwork, have your paperwork posted in plain sight for customers and your “Complaint Stickers” on all your devices.

Don’t be a cheap *** either and go with some joe blow service company. Get someone reputable so they make sure your pumps are compliant and meet regs and don’t just lick and stick and TDA sticks it to you on an out of compliance inspection.
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