Industry Analysis & Industry Trends
Over the past five years, revenue for the Gas Stations with Convenience Stores industry has experienced robust growth. Nonetheless, the industry has also been affected by changing trends in demand for fuel. While industry revenue rose sharply in 2010 and 2011 as the world price of crude oil soared, the more recent decline in oil prices has had a negative impact on revenue expansion. The industry is expected to grow during the next five years, aided by rising oil prices and rising sales volumes as the total kilometres covered by vehicles increases... purchase to read more
Industry Report - Industry Investment Chapter
This industry operates with a medium level of capital intensity. Using depreciation as a proxy for capital and wages as a proxy for labour, IBISWorld estimates that for every $1.00 spent on labour in the industry, $0.30wil l be spent on capital in 2015. This figure has risen over the current five-year period.
The vast majority of operators' costs are associated with purchasing fuel for resale. As such, neither wages nor depreciation constitute a substantial portion of costs for operators. Operators' capital expenses include purchases of land and buildings, fuel tanks, fuel pumps, point-of-sale systems, store shelving, computers and furniture... purchase to read more