7/31 Very funny. Someone changed my original post from "gas station owner"
to "gay prostitute." Here's the post again. -op
I am interested in changing my profession from a full time engineer to
a full time gas station owner. Any comments and/or URLs with more info
regarding gas station ownership, maintaince, liabilities, etc.?
\_ curious. where would you have this gas station? have it in hawaii
\_ Preferably somewhere around the Bay Area. Slightly further away
is fine, but not too remote. -op
\_ Are you from the middle east or south asia?
\_ most people think that owning a gas station is a way of making
money while sitting on your ass all day long. It's not. It's
actually a complicated REAL ESTATE business. It's all about the
location. The difference between housing real estate and
commercial real estate is that it's a lot harder to liquidate
commercial real estate. You'll need to find another sap who wants
to make money sitting your ass all day, just like you.
\_ And you have to take the risk of getting robbed and breathing
toxic fumes all day long.
\_ Actually some 21 y/old HS drop out is running the counter.
You're at home watching cartoons.
\_ I made acquaintance with two would-be gas station owners. One of
them leveraged the equity in his station to acquire another and
so on. He was grossing about $80K/month, but I don't know what
his net was. He seemed to be doing well. The other paid $400K to
buy a station and later had the EPA shut it down because it
needed some ridiculous sum of money to comply with some new
law. He lost everything. There's a lot to it. Why, may I ask,
are gas stations in particular appealing to you? Do you have
experience or friends/relatives with experience in this field? --dim |