Author Topic: What you need to get a Tim Horton's  (Read 1567 times)

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Offline ?Impact

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Re: What you need to get a Tim Horton's
« Reply #225 on: April 06, 2018, 04:41:29 pm »
ETA - in other words, for the gas station it's not about selling snacks, it's about getting customers to their gas station to buy gas instead of the one across the street.

I thought gas stations were all about the extra's these days as the margin on gas was fairly low (~5-6% average, low during price war and possibly negative for some credit card sales). We no longer have the days of the service station with a small office/retail that gave away maps and maybe sold you a pack of gum, with that dirty toilet on the back with an outside door that you would really have to be desperate to use. I have heard that while the gas sales account for over 70% of the revenue, they represent less than 30% of the profits. The margin on the bag of chips, loaf of bread, or quart of milk are very high.