gas stations

2 statements across 2 episodes · 1 bullish · 0 bearish · 2 people on the record · first statement Jul 29, 2021 by Sam Parr · across every show →

Everything said about gas stations, oldest first

Jul 29, 2021
Assertion Partly supported
Parr: Fuel generates two-thirds of gas station sales but minimal profit
“And so by revenue, gas makes up typically two thirds of sales for gas stations, but it only makes like one third or less of profit. The majority of profit comes from buying shit on the inside.”
Sam Parr Jul 29, 2021 ▶ 41:28 Behind-the-Scenes of Shaan's Power Writing Course | My First Million #204
Nov 8, 2022 positive
Disclosure
Siragusa: Gas station investments reduced taxable income via upfront building depreciation
“My accountant actually brought me to that one and they helped save me on taxes because I can, I got to expense the entire cost of the building up front. So that reduced my yearly income on paper. And then I had a lower tax rate.”
Kaitlyn Siragusa (Amouranth / Kate) Nov 8, 2022 ▶ 32:36 How This OnlyFans Model Built A $40 Million Business Empire (#383)
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