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#1
11-14-2007, 04:57 PM
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gas stations
My dad owned two gas stations in MD for twenty years. He did very well and retired in comfort. Where I live in NJ, you would be extremely hard pressed to find a gas station where any of the workers or owners speak proper english. I am wondering why? Are gas stations that unprofitable that only recent immigrants would buy them ?
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#2
11-14-2007, 05:05 PM
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Re: gas stations
[ QUOTE ]
My dad owned two gas stations in MD for twenty years. He did very well and retired in comfort. Where I live in NJ, you would be extremely hard pressed to find a gas station where any of the workers or owners speak proper english. I am wondering why? Are gas stations that unprofitable that only recent immigrants would buy them ? [/ QUOTE ] maybe recent immigrants are so cheap that they increase the profit margin to the owners... Barron
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#3
11-14-2007, 05:09 PM
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Re: gas stations
[ QUOTE ]
[ QUOTE ] My dad owned two gas stations in MD for twenty years. He did very well and retired in comfort. Where I live in NJ, you would be extremely hard pressed to find a gas station where any of the workers or owners speak proper english. I am wondering why? Are gas stations that unprofitable that only recent immigrants would buy them ? [/ QUOTE ] maybe recent immigrants are so cheap that they increase the profit margin to the owners... Barron [/ QUOTE ] The owners are recent immigrants as well...
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#4
11-14-2007, 05:36 PM
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Re: gas stations
[ QUOTE ]
[ QUOTE ] [ QUOTE ] My dad owned two gas stations in MD for twenty years. He did very well and retired in comfort. Where I live in NJ, you would be extremely hard pressed to find a gas station where any of the workers or owners speak proper english. I am wondering why? Are gas stations that unprofitable that only recent immigrants would buy them ? [/ QUOTE ] maybe recent immigrants are so cheap that they increase the profit margin to the owners... Barron [/ QUOTE ] The owners are recent immigrants as well... [/ QUOTE ] hmmmmm All the chinese restraunts around here are owned by asians too. (my wife is Chinese, no racist ban please) What I'm trying to say, is just because a particular group owns/invests a lot in specific area, I don't think you can determine if it's profitable or not.
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#5
11-14-2007, 05:56 PM
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Re: gas stations
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] My dad owned two gas stations in MD for twenty years. He did very well and retired in comfort. Where I live in NJ, you would be extremely hard pressed to find a gas station where any of the workers or owners speak proper english. I am wondering why? Are gas stations that unprofitable that only recent immigrants would buy them ? [/ QUOTE ] maybe recent immigrants are so cheap that they increase the profit margin to the owners... Barron [/ QUOTE ] The owners are recent immigrants as well... [/ QUOTE ] hmmmmm All the chinese restraunts around here are owned by asians too. (my wife is Chinese, no racist ban please) What I'm trying to say, is just because a particular group owns/invests a lot in specific area, I don't think you can determine if it's profitable or not. [/ QUOTE ] Thats the funny thing, they arenat all the same nationality....some arabic, some indian, some easter european, some african...etc...
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#6
11-14-2007, 06:38 PM
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Re: gas stations
Gas stations, liquor stores, delis have always been businesses dominated by immigrant owners. It is much easier for them to get into these type of businesses than into something that requires more training or education. Some of them come to this country with nothing, get a hard money loan from family members/friends or people from the same nationality and then buy these businesses. It has been like that for decades.
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#7
11-14-2007, 05:43 PM
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Re: gas stations
I think there's a law of some sort that allow an immigrant to run a small business tax free for like 3 years or something. This gives them an unfair advantage. Then after the 3 years they "sell" it to their brother or something then he gets to run it tax free for 3 years.
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#8
11-20-2007, 11:23 AM
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Re: gas stations
[ QUOTE ]
I think there's a law of some sort that allow an immigrant to run a small business tax free for like 3 years or something. This gives them an unfair advantage. Then after the 3 years they "sell" it to their brother or something then he gets to run it tax free for 3 years. [/ QUOTE ] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img] [img]/images/graemlins/confused.gif[/img]
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#9
11-19-2007, 12:00 AM
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Re: gas stations
Gas stations are generally developed and owned by large companies that lease the business portion out to small entrepreneurs. This is not always the case, but generally is. Gas stations are EXTREMELY expensive to develop and to buy gas station real estate is very very costly. A first generation immigrant could almost never afford to actually develop a gas station. Or buy one. They probably pay somewhere in the neighborhood of $25k-$75k plus a monthly rent to 'own' the business of running the gas station.
I don't really know if its profitable or not. My guess is that is way more profitable than many immigrants' other options, i.e., factory work, janitorial services, etc. Probably lots of work though too, which is fine if your other option is to make $8 at a factory some place.
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