
Gas Stations
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry primarily sell fuel for motor vehicles; they may also offer car repairs or inspections. No major companies dominate the industry. Although major oil companies own few retail fueling outlets, many gas stations contract to sell specific brands of fuel.
COMPETITIVE LANDSCAPE
Demand depends on the volume of consumer and commercial driving. The profitability of individual companies depends on the ability to secure high-traffic locations, generate high-volume sales, and buy gas at the lowest possible cost. Large companies have advantages in purchasing and finance. Small companies can compete effectively by having superior locations. The US industry is concentrated: the top 50 companies generate about 60% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Fuel for motor vehicle, which included diesel fuel and unleaded regular gasoline, account for about 50% and 30%, respectively. Other products also include candies, prepackaged cookies, and snack food; automotive parts and supplies; household fuels such as oil, LPG, wood, and coal; and tobacco products.
Companies in this industry primarily sell fuel for motor vehicles; they may also offer car repairs or inspections. No major companies dominate the industry. Although major oil companies own few retail fueling outlets, many gas stations contract to sell specific brands of fuel.
COMPETITIVE LANDSCAPE
Demand depends on the volume of consumer and commercial driving. The profitability of individual companies depends on the ability to secure high-traffic locations, generate high-volume sales, and buy gas at the lowest possible cost. Large companies have advantages in purchasing and finance. Small companies can compete effectively by having superior locations. The US industry is concentrated: the top 50 companies generate about 60% of revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Fuel for motor vehicle, which included diesel fuel and unleaded regular gasoline, account for about 50% and 30%, respectively. Other products also include candies, prepackaged cookies, and snack food; automotive parts and supplies; household fuels such as oil, LPG, wood, and coal; and tobacco products.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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