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12 results for "fuel margin"
Articles 8
- 7 Places Your Gas Station Is Losing Fuel Margin (and How to Fix Each One) Most gas station owners think they know their fuel margin. They take the street price, subtract the jobber price, and call it profit. But the real num...
- Gas Station Profit Margins Explained: Fuel vs. Store vs. Car Wash Fuel margins are razor-thin at 1-3%. Convenience store margins run 27-33%. Car wash margins hit 85-95%. If you blend them together, you cannot see whe...
- How Much Is the Excise Tax on Fuel? Federal and State Rates Per Gallon The federal excise tax on gasoline is 18.4 cents a gallon and on diesel 24.4 cents, and states add their own. Here is the picture and why it matters f...
- Gas Station Credit Card Fees: Where the Money Goes and How to Cut It Card fees are a percentage of the whole sale, while your fuel margin is cents per gallon. That mismatch is why fees take such a large share of fuel pr...
- Gas Station Bookkeeping: How to Set Up Your Chart of Accounts the Right Way A generic QuickBooks chart of accounts does not work for gas stations. You need fuel COGS by grade, store margins by category, and every revenue strea...
- Credit Card Surcharge vs Cash Discount at a Gas Station Card fees take a big share of a fuel margin, so many owners look at surcharging or cash pricing. The two are not the same thing. Here is how each work...
- How Much Do Gas Station Owners Make? A Complete Income Breakdown Gas station owner income varies wildly - from $40,000 to $300,000+ per year. The difference comes down to how many revenue streams you run and whether...
- How to Buy a Gas Station: Due Diligence, Financing, and What to Watch For Buying a gas station costs $200K to $5M+. Here is the due diligence checklist, SBA financing process, and red flags that separate a good deal from a m...
Tools & templates 1
Services 2
- Fuel vs. Merchandise Margin Separation Stop running on one blended P&L. See exactly what you make on fuel - and what you make on the store. Most gas station owners are shocked when they see...
- Fuel Inventory Reconciliation Match what's in your tanks to what your books say - every day. Catch fuel shrinkage and loss before it bleeds into your margins. Our outsourced gas st...