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#340 - Chris Hellgeth aka Gas Biz Guy - Owner @ Vi-Mac - Building a $100M Gasoline Empire

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Manage episode 403378753 series 2469364
Content provided by Chris Powers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Powers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Chris, aka @Gas_biz, is the owner of Vi-Mac, Atlanta’s hometown gasoline transportation company, which services approximately 1000+ gas stations throughout the State of Georgia.

We discuss:

  • The economics of the gas station business
  • Chris’ career: the rise, the fall, and the comeback
  • How to flip gas stations
  • Where gas stations stand in an EV world

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.

https://www.thefortpod.com/survey

Links:

Chris on X

'Fuel for Thought' Newsletter

Topics:

(00:00:00) - Intro

(00:01:54) - The family gas business and Chris’ early life

(00:08:41) - How is money made in gas stations?

(00:12:00) - The perfect site for a gas station

(00:14:13) - What is ‘great service’ in gas stations?

(00:17:13) - What are the anchor products in the shop?

(00:22:34) - Buying 25% of the family business

(00:24:33) - The economics of check cashing

(00:27:12) - Growing the business

(00:30:32) - Making mistakes

(00:41:13) - The light at the end of the tunnel

(00:50:20) - How do you flip a gas station?

(00:52:58) - Selling the business

(01:01:14) - Gas station crime

(01:03:51) - The trucking business

(01:05:48) - Management philosophies

(01:06:51) - Running a great trucking company

(01:09:14) - The gasoline supply chain

(01:10:09) - What do you see as disruptive to the gas station industry?

(01:15:15) - Environmental processes

(01:17:19) - The video poker industry

Support our Sponsors

Fort Capital: https://bit.ly/FortCapital

Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/

Chris on Social Media:

X: https://bit.ly/3BYIjcH

LinkedIn: https://bit.ly/45gIkFd

Watch The Fort on YouTube: https://bit.ly/3oynxNX

Visit our website: https://bit.ly/43SOvys

Leave a review on Apple: https://bit.ly/45crFD0

Leave a review on Spotify: https://bit.ly/3Krl9jO

The FORT is produced by Johnny Podcasts

  continue reading

349 episodes

Artwork
iconShare
 
Manage episode 403378753 series 2469364
Content provided by Chris Powers. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Chris Powers or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Chris, aka @Gas_biz, is the owner of Vi-Mac, Atlanta’s hometown gasoline transportation company, which services approximately 1000+ gas stations throughout the State of Georgia.

We discuss:

  • The economics of the gas station business
  • Chris’ career: the rise, the fall, and the comeback
  • How to flip gas stations
  • Where gas stations stand in an EV world

We'd appreciate you filling out our audience survey, so we can continuously work on providing relevant content to our listeners.

https://www.thefortpod.com/survey

Links:

Chris on X

'Fuel for Thought' Newsletter

Topics:

(00:00:00) - Intro

(00:01:54) - The family gas business and Chris’ early life

(00:08:41) - How is money made in gas stations?

(00:12:00) - The perfect site for a gas station

(00:14:13) - What is ‘great service’ in gas stations?

(00:17:13) - What are the anchor products in the shop?

(00:22:34) - Buying 25% of the family business

(00:24:33) - The economics of check cashing

(00:27:12) - Growing the business

(00:30:32) - Making mistakes

(00:41:13) - The light at the end of the tunnel

(00:50:20) - How do you flip a gas station?

(00:52:58) - Selling the business

(01:01:14) - Gas station crime

(01:03:51) - The trucking business

(01:05:48) - Management philosophies

(01:06:51) - Running a great trucking company

(01:09:14) - The gasoline supply chain

(01:10:09) - What do you see as disruptive to the gas station industry?

(01:15:15) - Environmental processes

(01:17:19) - The video poker industry

Support our Sponsors

Fort Capital: https://bit.ly/FortCapital

Follow Fort Capital on LinkedIn: www.linkedin.com/company/fort-capital/

Chris on Social Media:

X: https://bit.ly/3BYIjcH

LinkedIn: https://bit.ly/45gIkFd

Watch The Fort on YouTube: https://bit.ly/3oynxNX

Visit our website: https://bit.ly/43SOvys

Leave a review on Apple: https://bit.ly/45crFD0

Leave a review on Spotify: https://bit.ly/3Krl9jO

The FORT is produced by Johnny Podcasts

  continue reading

349 episodes

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