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- Nov 20, 2018
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@BusinessNoob feel like I'm just raining on your parade here haha
But gasoline is a highly regulated industry...lot's of rules, laws, and regulations from municipal, county, state, and federal entities...plus entities that have massive control like credit card companies, beer brands, tobacco brands, soda brands, insurance companies, petroleum companies, ethanol companies, various associations, equipment companies, etc.
It's an out-dated slow moving industry that hasn't kept up with the times for sure...but that's because the barrier to entry is huge.
I agree, the barrier of entry is huge, but so would be the rewards. I mean, how many gas pumps are there in the US?
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