The Economics of Owning a Servo in Australia

The economics of owning a servo in Australia: where your petrol money goes, what the owner keeps per litre, and why the shop earns more than the fuel. Petrol hit $2.39 a litre in October 2026. It is easy to think the servo is getting rich. The real numbers tell a very different story, and they change how you see every fill. Chapters: 0:00 How much does a servo owner make? 1:08 Fuel excise and GST in every litre 2:06 Servo fuel margin per litre explained 3:28 Servo running costs: wages and card fees 4:15 Convenience store margins vs fuel 5:13 Tobacco sales and servo profits 5:44 Location, price cycles and excise changes 6:40 Electric cars and the future of servos 7:10 Buying a servo: what to check first Check out the channel's playlists for more videos on money psychology, mindset, wealth habits, and financial minimalism and subscribe if you want to keep rewiring how you think about money. Money Psychology → https://www.youtube.com/playlist?list=PLN66gMJbnUcA Money Mindset → https://www.youtube.com/playlist?list=PLbo1A8amxkcQ Money Habits → https://www.youtube.com/playlist?list=PLWz-j5c1YKK0 Stealth Wealth → https://www.youtube.com/playlist?list=PLdyBYeaUYlsg Classic Wealth Books → https://www.youtube.com/playlist?list=PLIr4oHgSND94 How to Get Rich → https://www.youtube.com/playlist?list=PLbFi5lqftlNI Spend Less, Want Less, Feel Richer → https://www.youtube.com/playlist?list=PLfvzXIM6rxU8 Subscribe to Money Mindset With Luke for more on how money works in Australia. Legal Disclaimer: This video is general information only. It is not financial, tax or legal advice, and it does not consider your personal situation. Rules, prices and products can change. Check with the provider and think about speaking with a licensed financial adviser before you buy a business. 💬 Creator’s Note: Each video on this channel takes a lot of time to write, narrate, and animate with care. Yes, I use AI tools to help with voiceovers and visuals, but every message, script, and idea is crafted with intention and love, so you can understand money clearly and feel empowered to change your life. Thank you for being part of this project. 💛 #servo #fuelprices #australiabusiness