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BUILDING A GAS
STATION
COMPONENTS - PROCESS - CONSTRUCTION & ESTIMATED COST |
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US$ |
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100,000 |
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- 3000 SQ FT STORE BUILDING |
500,000 |
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- 3 TANKS : (20,000 - 12,000 - 5,000 GALLONS EACH) |
100,000 |
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100,000 |
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- 1 CANOPY SIZE 80 FEET X 40 FEET |
100,000 |
| PIPING AND OTHER INSTALLATIONS |
100,000 |
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- EVERYTHING INSIDE THE STORE BUILDING |
200,000 |
- OPERATING COST (CASH IN HAND)
(Inventory inside the store. Lottery Operation, Licenses and Permits,
Fuel security deposit, One Load of Gas, Weekly grocery purchase). |
220,000 |
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OPTION-1 |
US$ |
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ROUGH ESTIMATED BUDGET = $1,500,000 |
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100,000 |
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25% DOWN PAYMENT TO THE FINANCIAL INSTITUTION. |
300,000 |
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- YOU WILL BE NEEDED MONEY FOR OPERATING EXPANSES.
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220,000
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| DEVELOPMENT COST |
1,200,000 |
- CONVENTIONAL FINANCING ($1.2 MILLION) DOWN PAYMENT $400,000
NET
MORTGAGE $800,000 @8% FOR 20 YEARS. ESTIMATED PER MONTH PAYMENT SHOULD BE
AROUND $7,000 PER MONTH. |
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TOTAL PROJECT ESTIMATED COST |
1,420,000
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- LAND PURCHASE (Out of Pocket) |
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- LANDSCAPING AND SITE
PREPARATION (Out of Pocket) |
- ARCHITECT, DESIGN,
ENGINEERING, CONSULTING,
(Out of Pocket) |
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- CONSTRUCTION COST (BUILDING AND LANDSCAPING (May be financed by the
Builder) |
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- CANOPY ( 80 X 40 FEET ) (Out of Pocket) |
- TANKS (UNDERGROUND STORAGE
SYSTEM - (1) 20,000
- (1) 12,000 - (1) 5,000 GALLONS (TOTAL=3)
(Out of Pocket) |
- DISPENSERS (PUMPS) - (4)
DOUBLE SIDED GILBARCO
S-700 SERIES (May be financed by the
manufacturers). |
- OUT OF TANKS COMPONENTS,
INSTALLATIONS, PIPING TO CONNECT PO SYSTEM TO THE STORAGE SYSTEM (TANKS).
(Out of Pocket and some of them may be part of the Brand supplied
by
the Branding company such as "Price-Sign, P O System, Fuel
Operating
Equipment, etc..) (Out of Pocket) |
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- INSIDE STORE
EQUIPMENT & INSTALLATIONS, INCLUDING WALK IN COOLER |
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- OPERATING EXPENSES AT START UP |
220,000 |
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FINANCED = $500,000 : OUT OF POCKET =
$920,000
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BUDGET |
1,420,000 |
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FOR SAFE COMPLETION OF THE PROJECT ESTIMATED BUDGET IS
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- 3 PARTNERS WITH $500,000 EACH CASH IN HAND
(NO FINANCING) - (NO MORTGAGE)
CONDITIONAL
TAKE HOME MINIMUM AVERAGE $10,000 PER MONTH EACH
PARTNER IF (INSIDE SALE IS OVER $100,000 AND GAS SALE IS MORE THAN
60,000 GALLON PER MONTH.) ATM AND LOTTERY IS ON TOP OF THAT. |
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- Legal Expenses (Through out the Project Development) |
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- Land Acquisition (Average 1 acre in Ohio Average Location) |
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- Project Development Supervision Cost "Consultants" |
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Mortgage Brokerage/Loan Origination Fee |
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- Environmental Study (Phase-1 and II) |
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ARCHITECT, DESIGN, CONSTRUCTION PERMITS
- Hiring an Architectural Services which includes following options as
well.
- Design and infrastructure
- Engineering Services
- Zoning, Licenses, Permits
- Hiring Construction Company |
- Landscaping (included in Construction)
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Site Preparation (included in Construction) |
| - Retail Building Construction Cost
including Electrical, Plumbing (3,000 sq ft) with a built-in
Drive-thru
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Including Coolers, Freezers
& installations |
| - Underground Storage System:
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(20K=1)(12K=1)(5K=1) + Installations |
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Piping to connect P O System with Tanks. |
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(4) Fuel Dispensers and installations |
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- CANOPY: Canopy Construction (80
x 40 feet) |
Price Signs Construction and installations. included in Constuction)
included in brand material supplied by the fuel supplier. |
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- UTILITIES (ELECTRIC, COMMUNICATIONS) |
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- BACK UP FOR ONE LOAD OF GAS AND WEEKLY GROCERY
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- LICENSES AND PERMIT FEES |
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BREAKDOWN OF COMPONENTS AND ESTIMATED COSTS |
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BUILDING CONSTRUCTION COST |
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CANOPY CONSTRUCTION: 80X40 FEET |
INSTALLATIONS INCLUDING WALK-IN COOLERS
INSIDE THE STORE
- In-Store Equipment
The in-store equipment generally consists of components for monitoring
or controlling the UST system. Tank monitors, cathodic rectifiers, and
POS equipment are the most common examples and are typically secured
so as to be safe from tampering by the general public and
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- DISPENSERS (PUMPS) = 4
YOU CAN REQUEST GILBARCO FOR FINANCING FOR 5 YEARS. ESTIMATED COST
$60,000 + Installation. (If you Purchase through your fuel supply
distributor "Jobber" The branding company, you may be qualified for
some distributor discount in cost) and make the payment arrangement
payable in (5) years sixty installments $1000 + interest - Estimated
interest rate should not be more than 3% offered by Gilbarco and may
be 0% if you are signing up fuel supply agreement with this fuel
distributor "Branding" company for 10 years.
Dispensing Equipment
Dispensing units consist of both external and
internal components that are integral to safe product delivery. Hoses,
swivels, nozzles, flex connectors, shear/crash valves, solenoids,
check valves, meters, and dispensers all exist either within or on the
dispenser. The dispenser is the only access point customers have to
your UST system and should be checked regularly to confirm all
components are installed correctly and operating as intended. |
- UNDERGROUND STORAGE SYSTEM (TANKS) = 3
YOU NEED TO PLACE ORDER WITH THE MANUFACTURERS BEFORE EVEN BUYING
THE LAND BECAUSE IN MOST OF THE CASES THEY ARE RUNNING BEHIND. (Your
fuel supplier can help you in this case. Request your fuel supplier
"Branding company" to finance you the cost of Underground Storage
System and installation payable over the period of 5 years sixty
installments of $2,000 per month - Estimated cost is $100,000
In-Tank/Tank
Top Equipment
These components will be found in the drive of
the dispensing facility. Examples include spill and overfill equipment
and sumps with access to interstitial sensors, vapor recovery
adaptors, ATG probes, submersible turbine pumps, or a fuel supply
line. All lids and covers should be properly secured to ensure
protections from liquid, debris, and vehicle traffic |
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- PIPING, INSTALLATIONS TO CONNECT UNDERGROUND STORAGE SYSTEM (TANKS)
TO DISPENSERS AND IN-STORE EQUIPMENT. |
| MISCELLANEOUS EXPENSES |
100,000 |
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RETURN OF INVESTMENT
- $40,000 INSIDE GROCERY AND 30,000 GALLONS PER MONTH WILL BREAK
EVEN THE OVERHEAD.
- ESTIMATED PER MONTH OVERHEAD $30,000 INCLUDING OWNER HOURS WORKED
PAYROLL
- ESTIMATED $80,000 INSIDE AND 70,000 GALLONS PER MONTH AVERAGE TAKE
HOME $10,000 EACH PARTNER FOR 3 PARTNERS. + WORK HOURS OF ANY PARTNER
INSIDE THE STORE. |
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FEDERAL LAW TO BE FOLLOWED BY EVERY UNDERGROUND STORAGE SYSTEM OWNERS
Check out the EPA’s Operating
and Maintaining Underground Storage Tanks guidebook
for additional information on keeping UST functional areas and
equipment properly maintained.
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FEDERAL LAW SAYS EVERY UST OWNER HAVE TO HAVE OPERATOR A&B
CERTIFICATION AND EVERY SALESPERSON ON SITE SHOULD HAVE
"OPERATOR "C" CERTIFICATION. Note: Certificate A&B has to be earned by
owner using online resources available to every one, however,
Certificate "C" can be issued by the person who have
Qualified Certificate A&B. |
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