fbpx

NOW LIVE: The latest episode of Smart Franchising with Fransmart is now live Aicha Bascaro. Listen now!

Why Franchise with Us

You may ask yourself, “Why should I franchise with Fransmart?” We give you the tools, the tactics, and a strong portfolio of brands when making your franchise investment.

How to Buy a Franchise

Fransmart’s proven 10 Steps to Franchise Ownership is the perfect how to guide for entrepreneurs looking to build wealth through franchising.

Franchise Investor Case Studies

Fransmart has decades of experience in pairing experienced franchisees and qualified entrepreneurs with successful franchise brands.

Coming soon

Become a Franchise Owner

Our portfolio of brands with leading concepts ripe for expansion and best-in-class unit economics.

Franchise Your Business

We are the global leader in franchise development and grow global brands better than any other franchise firm. Learn how to become one of our brands.

Capital Investments

We love investing in early stage brands! We are smart, strategic investors and are always looking for emerging, early stage brands to invest in.

Franchisee Resources

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Apply to Franchise Your Business

We help our brands develop practical franchise development expansion plans with measurable results.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

About Us

We are proud to work with authentic brands who make people happy. We accelerate the growth of the brands that put smiles on people’s faces.

Services

With decades of franchising experience, our team of franchising experts excels at giving emerging brands the tools to become a profitable franchise.

Contact

Whether you’re playing the field or already have one of our brands in mind, we are ready to put you on the right path to building franchise wealth.

Franchisee Resources

Want To Learn More About Franchising? Learn From The Experts At Fransmart. There’s no better collection of franchise resources and experts.

Videos

Smart Franchising with Fransmart Video series, where you can get the latest in our thought leadership on all franchise-related topics.

Podcast

Dan Rowe, the founder and CEO of Fransmart, has grown brands to more than 100 locations. No one knows more about franchise growth than him.

See All Franchise Opportunities

Our portfolio of brands with leading concepts ripe for expansion. Our brands have best-in-class unit economics and a large runway for growth.

Gas Station Franchise Opportunities – What You Need To Know

Mar 1, 2022

hand holding a gas pump at a gas station franchise text - gas station franchise opportunities - what you need to know

Interested in becoming a franchise owner? View a list of our current franchise brands for the most up-to-date franchising info, or submit your contact information to learn more.

Gas stations and their corresponding convenience store or food outlets rank as one of the most popular and profitable franchises in the United States. With over $400 billion in revenue every year, and more than 100,000 gas station/convenience stores operating all over the country it is clearly a popular business model. But is it right for you and how can you stand out from the competition?

There are two ways of starting a gas station in the U.S. Either build your own or start a franchise. Before committing to a gas station franchise, you should understand how it works, how much it can grow your earnings, and the risks involved.

How To Buy a Gas Station Franchise?

Buying a gas station has never been more rewarding. Fixed, regulated prices (and maybe even the opportunity to open a convenience store or repair shop) provide a much more stable investment than an automobile-based franchise. Take advantage of the chance to sell fuel and food in one swipe and make your business much more profitable. Low labor costs and easy training are just a few advantages of owning a gas station. Follow these steps to buy a gas station franchise.

1. Write a business plan

Before starting any business you need a business plan that details the business operations, marketing, finances and team. A business plan allows you to strategize the start-up and is a necessary tool if you are seeking funding or financing for a new business.

2. Choose between the franchise options

Many people opt for hybrid gas station franchises to generate higher profits and sales. So decide if you want a convenience store or a food outlet with your gas station franchise.

3. Location

Choosing the right location for your gas station franchise will influence how much traffic you attract.

4. Get necessary permits and license

You need to obtain different permits for a gas station franchise like fire inspections, water discharge, motor fuel outlet license, etc. Also, gas station franchises have inherent risks like burglary, employee injury, damage, and more, so it’s imperative to get all the necessary insurance to protect your assets and mitigate risks.

How Much Does a Gas Station Franchise Cost?

Gas station franchise opportunities

Investing in a gasoline station franchise business has a high financial entry barrier. The total initial cost runs $250k to $2 million for a small gas station. There will also be ongoing costs like franchise fees, insurance, licenses, inventory, royalties, and many more, which will require at least and additional $300,000.

Best Gas Station Franchise to Own in 2022

  • Seven-Eleven Gas Station Franchise– The initial cost to start a 7-Eleven convenience store franchise is $47,050 – $1,165,400.
  • Racetrac Convenience Store Franchise– Currently, this company has more than 500 stores in the United States. The initial investment in this franchise is $1 – $1.4 million, with a franchise fee of $25,000.
  • Arco Am Pm Gas Station Franchise– The initial cost of this franchise is between $431,00 – $11,000,000, depending on the location and size of the unit. The company supports its franchise with on-the-job training, software, and marketing.

Best Gas Station Fast Food Franchises in the U.S.

Gas station franchise opportunities for you

One way gas station franchisees increase their profits is by also investing in a complimentary fast-food outlet. The two businesses have great synergy.

The best gas station fast-food franchises in the U.S. are all about convenience and value. When you’re on the road looking for something fast and cheap, nothing beats a good drive-thru for convenience. However, customers are also on the lookout for something more exciting than the old roadside standbys like Subway or Burger King.

As the leading franchise development firm for emerging brands, Fransmart has decades of experience identifying the next big thing. We are the franchise development company that helped bring Five Guys and The Halal Guys into the world of franchising.

Fransmart has identified the following emerging franchisees as the top brands to compliment a gas station franchise.

Ike’s Love & Sandwiches

This popular nationwide chicken sandwiches franchise has a crave-worthy menu with over 800 specialty sandwiches.

  • Franchise Fee- $50,000
  • Start Up Cost- $271,400 to $745,500

Brooklyn Dumpling Shop

America’s hottest tech-forward and industry-changing Chinese cuisine franchise, serving 32 delicious flavors of dumplings in an automated kiosk.

  • Franchise Fee- $35,000
  • Start Up Cost- $348,500 – $663,000

JARS

This franchise provides quality desserts, shakes, and coffee making it a perfect gas station food franchise option to give customers a treat on the road.

  • Franchise Fee- $35,000
  • Start-Up Cost- $349,000 – $785,500

Conclusion

If you’re considering entering the competitive gas station industry, set yourself apart from competitors by offering a unique fast-food outlet in your station. A hot food brand will be an additional revenue stream, offer cross-promotional marketing opportunities and be a draw for customers to pick your station rather than the one across the highway.

Your Franchise Journey Starts Here

Whether you’re just starting out or already know the right brand for you – you’ve come to the right place. Fransmart helps franchisees use the power of compounded returns to own and operate multiple franchise locations throughout your desired market to grow franchise wealth.