If you’re looking to create a gas station business plan, you’ve come to the right place!
Over the past 25 years, the PlanPros team has helped over 1 million entrepreneurs and business owners write business plans….and many of them have started and grown successful gas station businesses. Our gas station business plan example below is sure to help you!
Gas Station Business Plan Example
Below is our gas station business plan template and sample plan created using what we consider the best free ai business plan generator:
I. Executive Summary
Company Overview
At FuelExpress Station, we are committed to providing a comprehensive and convenient fueling and shopping experience for all our customers. Located in the heart of a bustling community, our station offers a variety of services including regular, mid-grade, and premium gasoline, diesel, a convenience store stocked with a wide range of products, car wash services, propane tank exchanges, and refills, as well as air and vacuum stations. Our mission is to be the go-to fueling station for residents, commuters, and travelers alike, by ensuring a clean, efficient, and friendly environment. We pride ourselves on our commitment to customer satisfaction and strive to meet the diverse needs of our clientele.
Success Factors
Our success is driven by a combination of factors including our strategic location, a broad range of products and services, competitive pricing, and exceptional customer service. We have already made significant strides in establishing our brand within the community and have seen a steady increase in customer loyalty and recurring business. Our accomplishments to date reflect our team’s commitment to excellence and our ability to adapt to the needs of our market. Going forward, we are focused on maintaining our competitive edge by continuing to innovate and improve our offerings.
Industry Analysis
The fuel station industry is experiencing a period of significant change, driven by evolving consumer preferences, technological advancements, and increasing environmental concerns. Customers are looking for more than just fuel; they seek convenience, quality, and eco-friendly options. There is a growing trend towards electric vehicle (EV) charging stations and alternative fuel options, alongside traditional fossil fuels. The industry is competitive but also ripe with opportunities for stations that can adapt to these new trends while maintaining high standards of customer service. Our position within this dynamic landscape is strengthened by our commitment to diversification and sustainability, ensuring that we can meet the demands of today’s consumers while preparing for the needs of tomorrow.
Customer Analysis
Our target customer base is diverse, encompassing local residents, commuters, and travelers. These customers value convenience, quality, and speed of service above all. They range from professionals needing a quick fuel top-up and snack, to families and travelers looking for a reliable stop to refuel their vehicles and refresh themselves. Understanding the specific needs and preferences of these segments allows us to tailor our offerings, from the selection of products in our convenience store to the types of fuel and services we provide. Our goal is to ensure that every customer leaves satisfied, making FuelExpress Station their preferred choice.
Competitive Analysis
- ARCO: Known for lower prices and a broad network, but limited payment options and potential for long queues.
- Maverik Adventure’s First Stop: Offers a wide range of products and loyalty programs, with a focus on adventure enthusiasts but tends to be pricier.
- Power Market: Praised for clean facilities and efficient service, though it has less brand recognition and limited geographic reach compared to national chains.
Our competitive advantages include our strategic location, a wide array of services, competitive pricing, and a strong focus on customer service. These strengths position us well against our competitors and are central to our strategy for attracting and retaining customers.
Marketing Plan
At FuelExpress Station, our product and service offerings are designed to meet the diverse needs of our customers. From a variety of fuel options to a well-stocked convenience store, car wash services, and propane tank exchanges, we ensure quality and convenience at competitive prices. Our promotional plan focuses on leveraging local advertising, social media campaigns, and loyalty programs to attract and retain customers. By emphasizing our unique selling propositions such as our comprehensive service range, competitive pricing, and exceptional customer service, we aim to build a strong brand presence in the community and drive foot traffic to our station.
Operations Plan
Our operations are streamlined to ensure efficiency and customer satisfaction. Key operational processes include inventory management to keep our convenience store well-stocked, maintenance routines for cleanliness and functionality, and staff training programs to provide exceptional service. Milestones to be accomplished include the implementation of an advanced inventory tracking system within the next six months, a customer feedback loop for continuous improvement, and a staff development program to enhance service delivery. These initiatives are crucial for our growth and the continuous enhancement of our customer’s experience.
Management Team
Our management team comprises individuals with extensive experience in the fuel retail and convenience store industry. Their expertise spans operations management, customer service, finance, and marketing. This diverse skill set ensures a comprehensive approach to business management, driving our station’s growth and success. Each team member brings a unique perspective and set of skills, contributing to our innovative approach to meeting customer needs and overcoming industry challenges.
Financial Plan
To achieve our growth objectives, we require significant investment. These funds will be allocated towards expanding our service offerings, upgrading our facilities, and implementing marketing strategies to increase our market share. Our financial plan is designed to ensure that we not only meet our immediate operational needs but also invest in our long-term sustainability and profitability.
Summary
Below is an overview of our expected financial performance over the next five years:
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
|---|---|---|---|---|---|
| Revenues | $2,745,375 | $2,972,775 | $3,219,011 | $3,485,642 | $3,774,358 |
| Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
| Gross Profit | $1,644,956 | $1,816,295 | $2,003,613 | $2,208,325 | $2,431,968 |
| Gross Profit (%) | 59.9% | 61.1% | 62.2% | 63.4% | 64.4% |
| Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
| EBITDA | $1,547,870 | $1,716,264 | $1,900,547 | $2,102,132 | $2,322,554 |
| Depreciation | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 |
| Amortization | $0 | $0 | $0 | $0 | $0 |
| Interest Expense | $42,500 | $42,500 | $42,500 | $42,500 | $42,500 |
| Income Tax Expense | $506,579 | $565,517 | $630,016 | $700,571 | $777,718 |
| Net Income | $940,791 | $1,050,246 | $1,170,030 | $1,301,061 | $1,444,335 |
II. Company Overview
FuelExpress Station is a new gas station that has recently opened its doors to the wonderful community of Chico, CA. As a local gas station, we’ve noticed a gap in the market for high-quality fueling services, which is why we decided to establish our business here. Our goal is to provide the residents of Chico with a superior fueling experience that they can’t find anywhere else in the area.
At FuelExpress Station, we offer a wide range of products and services designed to meet the diverse needs of our customers. Apart from selling fuel, our station features a convenience store stocked with a variety of items to cater to the needs of our customers on the go. For those looking to keep their vehicles clean, we provide car wash services that leave your car sparkling. We also offer propane tank exchange and refill services for your grilling and heating needs. Additionally, our air and vacuum stations are available to ensure your vehicle’s tires are in the best shape for the road.
Located in the heart of Chico, CA, FuelExpress Station is strategically positioned to serve the local community effectively. Our presence in Chico allows us to cater to both residents and visitors, providing them with a convenient and reliable service that meets all their fueling and quick shopping needs.
Our success stems from several key factors. Firstly, our founder brings a wealth of experience from previously running a successful gas station, which has been instrumental in laying a solid foundation for FuelExpress Station. Furthermore, our commitment to meeting the diverse needs of our customers sets us apart from the competition. We provide not only fuel but also convenience items and vehicle maintenance services, making us a one-stop shop for our customers.
Since our founding on January 1, 2024, as a C Corporation, we have achieved several milestones that we are immensely proud of. We have developed a recognizable company name and logo, signaling our commitment to becoming a staple in the local community. Moreover, we have secured a prime location for our gas station, ensuring accessibility and convenience for all our customers. These accomplishments are just the beginning, as we continue to grow and serve the people of Chico, CA.
III. Industry Analysis
The Gas Station industry in the United States is a significant market, with an estimated market size of over $250 billion. This industry plays a crucial role in providing fuel and convenience services to millions of consumers across the country.
Market research indicates that the Gas Station industry is expected to experience steady growth in the coming years, with an estimated annual growth rate of 1.2%. This growth is primarily driven by factors such as increasing vehicle ownership, rising disposable income, and a growing focus on convenience and accessibility for consumers.
Recent trends in the Gas Station industry, such as the integration of technology for enhanced customer experience, the expansion of food and beverage offerings, and a growing emphasis on sustainability and environmental responsibility, bode well for FuelExpress Station. As a new Gas Station serving customers in Chico, CA, FuelExpress Station can leverage these trends to attract and retain customers, differentiate itself from competitors, and drive business growth.
IV. Customer Analysis
Below is a description of our target customers and their core needs.
Target Customers
Our primary target customers will be the local residents of Chico, CA. These individuals will rely on us for their daily commuting needs and fueling requirements. We will ensure that our services are designed to cater to their convenience and provide them with a seamless experience. In addition to local residents, we will target students from California State University, Chico. Given the high volume of students commuting to and from campus, offering competitive pricing and loyalty programs will attract this demographic. We will also cater to commercial fleets and delivery vehicles operating within the area.
By offering specialized services such as fleet cards and bulk fueling options, we will meet the specific needs of these business customers. Another important segment will be travelers and tourists passing through Chico. We will provide amenities such as clean restrooms, a variety of food and beverage options, and a well-stocked convenience store to ensure a pleasant stopover for this group.
Customer Needs
FuelExpress Station caters to the need for convenient and quick fueling options for busy residents. By offering multiple fuel pumps, customers experience shorter wait times, ensuring efficient service. The station also provides various fuel types, accommodating different vehicle requirements.
Customers appreciate the clean and well-maintained facilities, including restrooms and store areas. The availability of a well-stocked convenience store meets the demand for on-the-go snacks, beverages, and essential items. Additionally, the station’s competitive fuel pricing helps residents manage their budgets effectively.
High-quality customer service is a priority, with friendly staff ready to assist with any inquiries or issues. FuelExpress Station also addresses the need for safety by ensuring a well-lit and secure environment. Furthermore, the integration of modern payment options, such as mobile payments and contactless transactions, enhances the overall customer experience.
V. Competitive Analysis
Direct Competitors
FuelExpress Station’s competitors include the following companies:
ARCO
ARCO offers a variety of products and services including gasoline, diesel, convenience store items, and car washes. They are known for their relatively lower prices due to their cash and debit card payment discounts. ARCO generates substantial revenue, benefiting from its extensive network of stations across the United States. The company targets budget-conscious consumers, local residents, and travelers. ARCO’s key strengths include its strong brand recognition, affordability, and extensive locations. However, weaknesses include limited payment options and occasional long queues during peak hours.
Maverik Adventure’s First Stop
Maverik Adventure’s First Stop offers gasoline, diesel, and a wide range of convenience store items, including fresh food, beverages, and adventure-themed merchandise. They also feature loyalty programs and outdoor-themed promotions. Maverik prices are competitive, focusing on delivering value through their high-quality offerings and engaging customer experiences. The company serves a broad customer base, including adventure enthusiasts, families, and travelers. Maverik’s strengths lie in its unique branding, customer engagement, and quality products. Weaknesses include higher prices compared to no-frills competitors and a smaller geographic footprint.
Power Market
Power Market offers gasoline, diesel, and a variety of convenience store items such as snacks, beverages, and household essentials. They are known for their clean stations and efficient service. Power Market maintains competitive pricing and targets a diverse customer segment including commuters, local residents, and families. The company operates primarily in the Western United States. Power Market’s strengths include clean facilities, efficient service, and a solid regional presence. Weaknesses may include less brand recognition compared to larger national chains and limited availability outside their core regions.
Competitive Advantages
At FuelExpress Station, we pride ourselves on meeting the diverse needs of our customers by offering a wide range of services that extend beyond just fuel. Our comprehensive approach includes convenience items, vehicle maintenance services, and more, ensuring that we provide a one-stop solution for all our customers’ needs. This multifaceted service offering sets us apart from the competition, who often focus solely on fuel or convenience store items, thereby giving us a significant competitive edge in the market.
Additionally, our strategic focus on customer convenience allows us to create a more engaging and satisfying experience. By integrating services such as vehicle maintenance, we cater to busy customers who appreciate the ability to address multiple needs in one visit. This not only increases customer loyalty but also drives repeat business. Furthermore, our commitment to high-quality service and customer satisfaction ensures that we build a strong, positive reputation within the community, attracting more customers and establishing us as a preferred destination for all their gas station and convenience needs.
VI. Marketing Plan
Our marketing plan, included below, details our products/services, pricing and promotions plan.
Products, Services & Pricing
FuelExpress Station offers a comprehensive range of products and services to meet the diverse needs of its customers. One of the primary offerings is fuel, which includes regular, mid-grade, and premium gasoline, as well as diesel. The average price for regular gasoline is approximately $4.10 per gallon, while mid-grade and premium options average around $4.40 and $4.70 per gallon, respectively. Diesel typically sells for about $4.50 per gallon.
The convenience store is another significant component, providing a wide array of items such as snacks, beverages, and everyday essentials. Customers can find popular snacks like chips and candy bars priced around $1.50 to $2.50, while beverages such as bottled water and soft drinks range from $1.00 to $3.00. Additionally, the store stocks basic groceries, automotive supplies, and health and beauty products.
Car wash services are available to keep vehicles sparkling clean. The station offers several packages, including a basic wash for $7.00, a deluxe wash for $10.00, and a premium wash that includes waxing and tire shine for $15.00. These services ensure that customers can maintain the appearance of their vehicles conveniently.
Propane tank exchange and refill services cater to customers with grilling or heating needs. The average cost for a propane tank exchange is $20.00, while refilling an existing tank costs about $15.00. This service provides a convenient solution for customers requiring propane for various purposes.
Air and vacuum stations are also available to assist customers with their vehicle maintenance. The air station allows for tire inflation at a nominal fee of $1.50, ensuring proper tire pressure for safe driving. The vacuum station, priced at $2.00 for a five-minute session, helps customers keep their vehicle interiors clean and tidy.
Promotions Plan
FuelExpress Station employs a variety of promotional methods and tactics to attract customers. Our primary focus lies in online marketing, which allows us to reach a broad audience effectively. We maintain a dynamic website with user-friendly features such as real-time fuel prices, loyalty program information, and special promotions. Additionally, we actively engage with our customers through social media platforms like Facebook, Instagram, and Twitter, offering exclusive deals and updates.
To enhance online marketing efforts, we utilize search engine optimization (SEO) techniques to ensure our website ranks high on search engine results. This helps in driving more organic traffic to our site. We also invest in pay-per-click (PPC) advertising, targeting users who search for gas stations in Chico, CA.
Email marketing forms another crucial aspect of our promotional strategy. By collecting customer emails through our website and in-store promotions, we send out regular newsletters, special offers, and updates about new services. This keeps our customers engaged and informed.
Beyond online marketing, we incorporate traditional advertising methods such as local newspaper ads, radio spots, and billboards placed strategically around Chico. These methods help us reach customers who might not be as active online.
We also prioritize community engagement by sponsoring local events and participating in community activities. This establishes us as a community-centric business and builds strong relationships with local residents. Additionally, we offer loyalty programs and discounts to frequent customers, incentivizing repeat business.
In-store promotions play a significant role in our strategy as well. We provide limited-time discounts, bundle deals, and special offers on ancillary products like snacks and beverages. This not only attracts customers to our gas station but also encourages them to make additional purchases.
By combining these various promotional methods, FuelExpress Station ensures a comprehensive approach to attracting and retaining customers in Chico, CA.
VII. Operations Plan
Our Operations Plan details:
- The key day-to-day processes that our business performs to serve our customers
- The key business milestones that our company expects to accomplish as we grow
Key Operational Processes
To ensure the success of FuelExpress Station, there are several key day-to-day operational processes that we will perform:
- Monitor and manage fuel inventory levels to ensure a consistent supply for customers.
- Conduct daily checks on fuel dispensers to ensure they are functioning correctly and safely.
- Maintain a clean and inviting station environment, including regular cleaning of the forecourt, restrooms, and convenience store.
- Verify and update fuel prices in line with market trends and competitor pricing.
- Provide excellent customer service by training staff to be knowledgeable, friendly, and responsive to customer needs.
- Ensure timely restocking of convenience store items and manage inventory to reduce shrinkage.
- Monitor and maintain security systems to ensure the safety of customers and staff.
- Conduct daily cash reconciliations and ensure accurate financial reporting.
- Perform regular maintenance checks on all equipment and facilities to prevent breakdowns and ensure operational efficiency.
- Implement and adhere to safety protocols and environmental regulations to ensure compliance with local, state, and federal laws.
- Engage in regular marketing activities to attract new customers and retain existing ones, such as loyalty programs, promotions, and community events.
- Analyze sales data and customer feedback to identify trends and areas for improvement.
Milestones
FuelExpress Station expects to complete the following milestones in the coming months in order to ensure its success:
- Secure Permits and Licenses: Obtain all necessary permits and licenses from local, state, and federal authorities to legally operate the gas station.
- Complete Construction and Setup: Ensure that the construction of the gas station is completed on time, including the installation of fuel tanks, pumps, and convenience store facilities.
- Launch Our Gas Station Business: Officially open the doors to customers with a grand opening event to attract initial traffic and create awareness within the community.
- Implement Safety and Compliance Protocols: Establish and enforce rigorous safety and compliance standards to mitigate risks associated with fuel handling and storage.
- Develop Vendor Relationships: Secure reliable suppliers for fuel, convenience store products, and other necessary goods to ensure consistent inventory and quality.
- Hire and Train Staff: Recruit and train a skilled workforce to provide excellent customer service, maintain the station, and ensure smooth operations.
- Reach Initial Revenue Target: Achieve $15,000 per month in revenue by focusing on customer acquisition, marketing, and loyalty programs.
- Implement Customer Loyalty Program: Introduce a loyalty program to encourage repeat business and increase customer retention.
- Optimize Operational Efficiency: Continuously assess and improve operational processes to reduce costs, enhance service quality, and increase profitability.
- Expand Product and Service Offerings: Gradually introduce additional services such as car washes, auto maintenance, or a quick-service restaurant to diversify revenue streams and attract more customers.
VIII. Management Team
Our management team has the experience and expertise to successfully execute on our business plan.
Management Team Members
FuelExpress Station management team, which includes the following members, has the experience and expertise to successfully execute on our business plan:
Clara Turner, CEO
Clara Turner has a proven history of success in the gas station industry, having previously managed a highly profitable gas station business. With her extensive experience and deep understanding of the market dynamics, Clara brings strategic vision and operational excellence to FuelExpress Station. Her leadership skills and ability to drive growth make her well-equipped to lead the company towards sustained success.
IX. Financial Plan
Summary
Below is an overview of our expected financial performance over the next five years:
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | |
|---|---|---|---|---|---|
| Revenues | $2,745,375 | $2,972,775 | $3,219,011 | $3,485,642 | $3,774,358 |
| Direct Expenses | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 |
| Gross Profit | $1,644,956 | $1,816,295 | $2,003,613 | $2,208,325 | $2,431,968 |
| Gross Profit (%) | 59.9% | 61.1% | 62.2% | 63.4% | 64.4% |
| Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 |
| EBITDA | $1,547,870 | $1,716,264 | $1,900,547 | $2,102,132 | $2,322,554 |
| Depreciation | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 |
| Amortization | $0 | $0 | $0 | $0 | $0 |
| Interest Expense | $42,500 | $42,500 | $42,500 | $42,500 | $42,500 |
| Income Tax Expense | $506,579 | $565,517 | $630,016 | $700,571 | $777,718 |
| Net Income | $940,791 | $1,050,246 | $1,170,030 | $1,301,061 | $1,444,335 |
Funding Requirements/Use of Funds
To accomplish our growth goals, FuelExpress Station needs $425,000 in funding. Key uses of this funding will be as follows:
| Capital Investments | |
|---|---|
| Location Buildout | $100,000 |
| Furniture | $10,000 |
| Equipment | $100,000 |
| Machines | $75,000 |
| Computers | $5,000 |
| Non Capital Investments | |
|---|---|
| Working Capital | $50,000 |
| Initial Rent/Lease | $30,000 |
| Staff Salaries for the First 3 Months | $30,000 |
| Initial Marketing and Advertising | $10,000 |
| Supplies | $5,000 |
| Insurance | $10,000 |
Financial Projections
5 Year Annual Income Statement
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| Revenues | ||||||
| Revenues | $2,745,375 | $2,972,775 | $3,219,011 | $3,485,642 | $3,774,358 | |
| Total Revenues | $2,745,375 | $2,972,775 | $3,219,011 | $3,485,642 | $3,774,358 | |
| Direct Costs | ||||||
| Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
| Total Direct Costs | $1,100,419 | $1,156,480 | $1,215,397 | $1,277,316 | $1,342,389 | |
| GROSS PROFIT | $1,644,956 | $1,816,295 | $2,003,613 | $2,208,325 | $2,431,968 | |
| GROSS PROFIT % | 59.9% | 61.1% | 62.2% | 63.4% | 64.4% | |
| Other Expenses | ||||||
| Salaries | $72,814 | $75,023 | $77,299 | $79,644 | $82,060 | |
| Marketing Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
| Rent/Utility Expenses | $6,067 | $6,251 | $6,441 | $6,637 | $6,838 | |
| Other Expenses | $12,135 | $12,503 | $12,883 | $13,274 | $13,676 | |
| Total Other Expenses | $97,085 | $100,030 | $103,065 | $106,192 | $109,414 | |
| EBITDA | $1,547,870 | $1,716,264 | $1,900,547 | $2,102,132 | $2,322,554 | |
| Depreciation | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | |
| Amortization | $0 | $0 | $0 | $0 | $0 | |
| EBIT | $1,489,870 | $1,658,264 | $1,842,547 | $2,044,132 | $2,264,554 | |
| Interest Expense | $42,500 | $42,500 | $42,500 | $42,500 | $42,500 | |
| PRETAX INCOME | $1,447,370 | $1,615,764 | $1,800,047 | $2,001,632 | $2,222,054 | |
| Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
| Use of Net Operating Loss | $0 | $0 | $0 | $0 | $0 | |
| Taxable Income | $1,447,370 | $1,615,764 | $1,800,047 | $2,001,632 | $2,222,054 | |
| Income Tax Expense | $506,579 | $565,517 | $630,016 | $700,571 | $777,718 | |
| NET INCOME | $940,791 | $1,050,246 | $1,170,030 | $1,301,061 | $1,444,335 | |
| Net Profit Margin (%) | 34.3% | 35.3% | 36.3% | 37.3% | 38.3% |
5 Year Annual Balance Sheet
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Cash | $999,736 | $2,093,471 | $3,305,623 | $4,653,952 | $5,712,919 | |
| Other Current Assets | $235,653 | $255,172 | $276,308 | $290,470 | $314,529 | |
| Total Current Assets | $1,235,389 | $2,348,643 | $3,581,932 | $4,944,422 | $6,027,449 | |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
| Acc Amortization | $0 | $0 | $0 | $0 | $0 | |
| Net Intangibles | $0 | $0 | $0 | $0 | $0 | |
| Fixed Assets | $290,000 | $290,000 | $290,000 | $290,000 | $290,000 | |
| Accum Depreciation | $58,000 | $116,000 | $174,000 | $232,000 | $290,000 | |
| Net fixed assets | $232,000 | $174,000 | $116,000 | $58,000 | $0 | |
| Preliminary Exp | $0 | $0 | $0 | $0 | $0 | |
| TOTAL ASSETS | $1,467,389 | $2,522,643 | $3,697,932 | $5,002,422 | $6,027,449 | |
| LIABILITIES & EQUITY | ||||||
| Current Liabilities | $101,598 | $106,606 | $111,863 | $115,292 | $120,983 | |
| Debt outstanding | $425,000 | $425,000 | $425,000 | $425,000 | $0 | |
| Total Liabilities | $526,598 | $531,606 | $536,863 | $540,292 | $120,983 | |
| Share Capital | $0 | $0 | $0 | $0 | $0 | |
| Retained earnings | $940,791 | $1,991,037 | $3,161,068 | $4,462,130 | $5,906,465 | |
| Total Equity | $940,791 | $1,991,037 | $3,161,068 | $4,462,130 | $5,906,465 | |
| TOTAL LIABILITIES & EQUITY | $1,467,389 | $2,522,643 | $3,697,932 | $5,002,422 | $6,027,449 |
5 Year Annual Cash Flow Statement
| FY 1 | FY 2 | FY 3 | FY 4 | FY 5 | ||
|---|---|---|---|---|---|---|
| CASH FLOW FROM OPERATIONS | ||||||
| Net Income (Loss) | $940,791 | $1,050,246 | $1,170,030 | $1,301,061 | $1,444,335 | |
| Change in Working Capital | ($134,054) | ($14,511) | ($15,878) | ($10,732) | ($18,368) | |
| Plus Depreciation | $58,000 | $58,000 | $58,000 | $58,000 | $58,000 | |
| Plus Amortization | $0 | $0 | $0 | $0 | $0 | |
| Net Cash Flow from Operations | $864,736 | $1,093,734 | $1,212,152 | $1,348,328 | $1,483,966 | |
| CASH FLOW FROM INVESTMENTS | ||||||
| Fixed Assets | ($290,000) | $0 | $0 | $0 | $0 | |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | |
| Net Cash Flow from Investments | ($290,000) | $0 | $0 | $0 | $0 | |
| CASH FLOW FROM FINANCING | ||||||
| Cash from Equity | $0 | $0 | $0 | $0 | $0 | |
| Cash from Debt financing | $425,000 | $0 | $0 | $0 | ($425,000) | |
| Net Cash Flow from Financing | $425,000 | $0 | $0 | $0 | ($425,000) | |
| Net Cash Flow | $999,736 | $1,093,734 | $1,212,152 | $1,348,328 | $1,058,966 | |
| Cash at Beginning of Period | $0 | $999,736 | $2,093,471 | $3,305,623 | $4,653,952 | |
| $999,736 | $2,093,471 | $3,305,623 | $4,653,952 | $5,712,919 |
What Is a Gas Station Business Plan?
A gas station business plan is a document that outlines the strategies you have developed to start and/or grow your gas station business. Among other things, it details information about your industry, customers and competitors to help ensure your company is positioned properly to succeed. Your gas station business plan also assesses how much funding you will need to grow your business and proves, via your financial forecasts, why the business is viable.
Why You Need a Business Plan for your Gas Station Business
A business plan is required if you are seeking funding for your gas station business. Investors and lenders will review your plan to ensure it meets their criteria before providing you with capital. In addition, a gas station business plan helps you and your team stay focused. It documents the strategies you must follow and gives you financial projections you should strive to achieve and against which you can judge your performance.
Gas Station Business Plan Template PDF
Download our Gas Station Business Plan PDF to help guide you as you create your business plan for your own gas station business.
