Posted by: Vhootee October 10, 2012
How to Start a new Business?
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Timi_Mero_Sathi Ji
Thanks again.

1. So "subleasing" is the most popular method. Right? which I assume is cheaper than buying the building which probably will cost a fortune. Basically, this system works with few layers of ownership, everybody paying the previous owner. How many owners usually are associated with one station.

2. Do all the merchandise come from a single supplier?
3. How much freedom do you have to set the gas price? (I assume none) Do you get calls when they want you to change it?
4. How much do you pay your employee? (I assume it is all under the table pay)
5. Assume, I did all the research and bought one (a small one), what is the average expected net profit? I know it is very vague, but               somewhere in the ball park. What is a small anyway, doesn't it depend on the state? Some states are cheaper than others. Will I             get a small one for less than 200,000 in the Mid-West.
6. Also what is the difference between buying a franchise Vs Independent gas station. I'm assuming the cost.

Thanks
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