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Gas Stations with Convenience Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Gas Stations with Convenience Stores Market Research Report | NAICS 44711 | Oct 2014

Convenient truth: A recovering economy will drive consumers to purchase industry products

IBISWorld’s Gas Stations with Convenience Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$453bn
Annual Growth 09-14
7.3%
Annual Growth 14-19
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Profit
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Employment
743,914
Businesses
56,369
Industry Analysis & Industry Trends

As the US economy gains steam, more consumers are expected to hit the road and demand gasoline. Furthermore, strong economic growth will push up demand for crude oil, thus paving the way for higher industry revenue. Although the majority of industry revenue is earned through gasoline sales, store owners are increasingly reliant on convenience store sales because in-store products are more profitable than gasoline... purchase to read more

Industry Report - Starting a New Business Chapter

The primary barrier to entry into the Gas Stations with Convenience Stores industry is the large upfront capital investment that is needed to obtain a station. The cost of obtaining a site, whether it be by purchasing or leasing, varies greatly with its size, revenue and location. Furthermore, the capital cost of developing a gas station is substantial, ranging from $1.5 to $7.7 million. These costs include developing fuel storage and refueling areas where distributors can refill fuel.

Market saturation is also a barrier to entry in highly concentrated regions such as the Southeast, which contains more than a third of all establishments that services only a fourth of the US population... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Gas Stations with Convenience Stores Industry?

Industry operators sell automotive fuels such as gasoline and diesel from stations that are collocated with convenience stores or food marts. They may also provide automotive repair services. This industry is distinct from the Convenience Stores industry (IBISWorld report 44512) and the Gas Stations industry (IBISWorld report 44719). Major oil producers that franchise out most of their convenience operations are not included, unless they own and operate a significant number of sites.

Industry Products
Regular gasolineGroceriesMid-grade and premium gasolineDiesel
 
Industry Activities
Retailing automotive fuels (e.g. gasoline, diesel fuel)Retailing a limited assortment of food, beverages and sundries


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