Gas Station Franchises
Canada is a diverse nation, with everything from busy cities full of skyscrapers to large expanses of uninhabited wilderness to be found across the country’s provinces. And as different as the many regions of Canada may be, there are some things that remain consistent throughout the nation, such as the fact that gas stations dot the landscape seemingly everywhere. Whether you’re driving along a relatively barren stretch of highway in the middle of nowhere or deep in the heart of a city like Toronto, you’ll find gas stations around many corners.
From an investor’s standpoint, this signifies the potential for a great business opportunity. Part of what makes gas station franchises an attractive investment option is the fact that alternative forms of transportation such as air travel have become so expensive, leading more individuals to drive. In addition, the strength the gas station industry is bolstered by the fact that Canada is rich in resources such as natural gas and oil. In fact, Canada is the world’s fifth largest energy producer, with the third most crude oil reserves in the world. This wealth of resources means that prices for suppliers such as gas stations are low enough to make a profit while still providing considerable value to consumers.