Business Summary:
Mobil C-Store - Does about 35,000 gallons of gasoline/mo. at 13.5cpg. Station has two tier pricing, 8 cpg more for credit cards. Station has 4 MPD's, 8 fueling positions, a canopy, is self-serve, speed-pass and has pay at the pumps. Convenience store does about $60,000/mo. at a 35% margin. Lottery does about $13,000/mo. at a 6% margin. ATM does about $1,500/mo. net. Air/Vac does about $200/mo. net. Receives about $600/mo. in rebates and display allowances. No oil school is required. Station open 24 hours/day, 7 days /week. Fuel/rent deposit of about $20,000 is required. Greatr location on a busy street with easy curb access. Rent is about $8,600/mo. with a standard 3 year lease with PMPA. Approximate Annual Cash Flow: $100,440.
|
|
|