Industry Analysis & Industry Trends
Increased fuel demand and price have boosted revenue for the Gas Stations with Convenience Stores industry. Consumers generate most of this industry's sales, and consumer demand has risen over the period with growth in per capita disposable income and consumer confidence. This industry is highly competitive, and volatile and rising oil prices have dampened profit margins over the past five years... 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, $0.20 will be spent on capital in 2015. This figure has remained largely unchanged 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