need appropriate suggestion for start up business (gas station)

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need appropriate suggestion from the experienced one if any

Planning to start own business in next 6 months. Thinking of getting loan from bank of any financial institution

location : CA(Sandiego, SanJose) or New york or Big cities -

gas station - total cost and effort ?

indian/nepali grocery store - total cost and effort ?

indian/nepali restaurant - total cost and effort ?

Dhanyabaad!!

cybro

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You are trying to invest so much money based upon suggestion given in Sajha...I am not saying suggestions wont be genuine but asking here does not look like a good idea

nepali-bepari

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I am using sajha as an initial medium to gather information.
have found many nepalese having a gas station and other business i am calling for. Their input could be somehow helpful. That's the purpose for this thread.

I definitely understand it's a huge amount of money and I must have a proper business plan.
However, I have to start from somewhere and I chose sajha :)
Thank you cybro.

magorkhe1

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There is no profit margin on selling gas only. Most profit comes from running convenient store side by side.

BadhiJanne

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To expand on Magorkhe's point.

First of all, if you want a gas station where you can work and be able to pay your bills etc then go for a cheap station that's been running for a while. If you want something with a good potential, then keep location in mind. Look for the stations that are small but are in a good location (like junction of 3 roads, in the middle of a village/town) - also make sure you can expand this station to a full fledge convenient store. These stores might cost good money, not just to buy but to renovate and expand - so you need loan and some partners. But if they are success, you will make good bucks.

Good luck.

nepali-bepari

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I am planning to invest around 300K to 400K and my intention is having a conventional store along with a gas station, something like 7-Eleven
Thank you for the information.

Ãkßhäÿ Łāhm

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@nepali-bepari gas station for sale in oklahoma downtown !!!

nepali-bepari

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@akbhay
thank you for the information. unfortunately, oklahoma is not the right place for me at the moment.

@nas-bro
i am also from IT background. I plan to take a break for a while to start up the business.

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