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MBA 524 MBA524 MBA/524 Octane Service Station.docx

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MBA 524 MBA524 MBA/524 Octane Service Station.docx

By: Tyla Lang Due Date: 03/14/2021 Date Submitted: 03/11/2021

The location of the gas station has been a bonus and this is what will lead to an increase in sales for Julio’s business. Therefore, yes the gas station has the potential to be a very profitable investment and in addition to this business offering a familiar product that is of a high quality.

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MBA 524 MBA524 MBA/524 Octane Service Station.docx

By: Tyla Lang Due Date: 03/14/2021 Date Submitted: 03/11/2021

The location of the gas station has been a bonus and this is what will lead to an increase in sales for Julio’s business. Therefore, yes the gas station has the potential to be a very profitable investment and in addition to this business offering a familiar product that is of a high quality.
The data shows that the business was able to generate over $3,000 worth of income and has the potential to grow from there in the long run, but the lease is only for a year.
However, if Julio decides to extend the lease then the business has the potential to be an even greater success and he may be able to open more service stations elsewhere.
Nevertheless, like any other business there is always a risk when investing money back into the business and there is still a decision to be mad because if Julio decides to close the service station.
Then he will have to face losing all of his customers that he gained during the first year

MBA 524 MBA524 MBA/524 Octane Service Station.docx

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MBA 524 MBA524 MBA/524 Octane Service Station.docx

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MBA 524 MBA524 MBA/524 Octane Service Station.docx

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