Mina Gorgyos

Gas stations are a very complex business to start due to the many regulations and taxes they encounter. Here we’ll break down the different types of permits and licenses you may need, along with sharing some resources to help get you started. Let’s get started and see which licenses to consider when starting a gas station . Federal Licensing The Environmental Protection Agency (EPA) closely regulates gas stations and has special rules about the Underground Storage Tanks (UST) used to store fuel. State Licensing Every state has strict regulations on selling fuel. Many states have specific licensing, sales tax registrations, and rules from the state Fire Marshal and state Environmental Protection Agency for gas stations. Some states like New Jersey and Oregon have laws that allow only an attendant to pump gasoline. Other states don’t have these regulations. Here are examples of a few states with their licensing and regulations: To be registered a...

Like most retail sectors, gas station convenience stores are undergoing rapid market change. Fuel and convenience stores (c-stores) need to adapt to an increasingly mobile population, new technology and shifting consumer behaviors. Today’s retailers are challenged by an increasingly decentralized payments infrastructure; limitations imposed by service providers; and regulatory complexities of managing face-to-face payments across different channels and countries. Read on for 5 key trends worth knowing about the gas and convenience store industry. 1. EMV mandates & charge backs The U.S. Payments Forum released a market snapshot showing the state of EMV chip adoption in the United States in 2019. The report showed that the technology is now well-established in the U.S. with 63% of in-store payment terminals being chip-enabled, and 68% of total transactions being chip-on-chip. “While POS terminals (traditional/ fixed) show high current investment in...

Looking to prepare your gas station for the busy holiday travel season? That’s a great idea, especially due to the fact that this year, falling gas prices are motivating more holiday travelers to hit the road. From celebrating Christmas to attending New Year’s parties, people have a lot on their   to-do  list  during the holiday season. Here are some useful tips for getting your gas station all set-up for the holiday season: 1.  Stock your convenience store with quality products Travelers who stop for gas to fill up their tank are very likely to buy products  from inside a convenience store. So you certainly don’t want to run out of inventory and limit your sales. Therefore, you should have a wide range of products on offer during this high demand season to maximize sales. From gag gifts to phone chargers, make sure there’s a healthy mix of Christmas specific items and essentials so customers hang around and shop more. ...

  A competition asked people to design a service station for a future when electric vehicles dominate. The result looks very different from what we have today.  The gas station as we know it is an endangered species. As electric vehicles gradually make up a larger share of cars on the road, entirely new kinds of service stations will be needed to fuel their journeys. A new design competition has come up with a vision for what those stations may look like, and it’s funded by one of the biggest gas station companies in the world. Parkland , a Canada-based gas station operator with 3,000 locations in 25 countries, is the main sponsor of an international competition to create the electric fueling station of the future . The winning entry has just been announced, and the design envisions a facility where the time it takes to recharge a battery—easily a half hour longer than a typical gas fill-up—is seen as an opportunity to rest, relax, and maybe even explore.   ...

A Better Way To Get Commercial Real Estate Loans for Gas Stations As of March 1, 2022, CREFCOA has temporarily suspended its gas station loan program. Through our proprietary online commercial real estate lending platform (CRELP) we are changing the way borrowers obtain commercial real estate loans for gas stations. Commercial mortgage loans are available for both acquisitions and the refinance of your gas station mortgage loan. We help unlock the full potential of your business and commercial real estate investment with commercial financing options customized around your individual needs, investment objectives and property characteristics. CREFCOA provides gas station commercial mortgages for gas station, service station, gas and c-store and other similar property types located in all 50 states and the District of Columbia. In recent years, gas station financing has become more and more difficult due to a dynamic and ever changing industry, environmental concerns, ...

Gas flowing from higher to lower pressure is the fundamental principle of the natural gas delivery system. The amount of pressure in a pipeline is measured in pounds per square inch. From the well, the natural gas goes into "gathering" lines, which are like branches on a tree, getting larger as they get closer to the central collection point. Gathering Systems A gathering system may need one or more field compressors to move the gas to the pipeline or the processing plant. A compressor is a machine driven by an internal combustion engine or turbine that creates pressure to "push" the gas through the lines. Most compressors in the natural gas delivery system use a small amount of natural gas from their own lines as fuel. Some natural gas gathering systems include a processing facility, which performs such functions as removing impurities like water, carbon dioxide or sulfur that might corrode a pipeline, or inert gases, such as helium, that would reduc...

In 2021, there are a unit nearly 121,538 gas stations with convenience stores within the USA To contend and thrive, store house owners have to be compelled to get intentional regarding operational a winning business. Expectations area unit ever-changing, that provides gasoline station house owners with a chance to higher serve their wants, attract new business and develop client loyalty. Hire reliable, trustworthy and friendly employees. Employees will build or break your business. A winning gasoline station needs reliable, honest and courteous staff. As gasoline station house owners, you sell a artifact, thus tiny things will add up to higher client price. Once your staff handles the client bit points with grace, you produce additional price for the client in a very means they'll appreciate. Customers prefer to be greeted once they enter the shop, and appreciate a smile and friendly dealing they'll forestall to once they come. Customers additionally like staff that ar...