Hi! I have a full 45 minute interview for market sizing and I was practising this question- Annual revenue of an average petrol station in the UK.
I calculated Revenue per day:
PETROL REVENUE: No of pumps x avg. spend x frequency
+
CONVENIENCE STORE REVENUE
X 360 (to get annual revenue)
How would you triangulate this answer? or sense-check it?
Also what sort of follow-up questions do you think they could ask?
Thanks a ton for any advice!