Business Summary:
VERY active station pumping on average 80,000 gallons/month with a minimum spread of 10 cents/gallon. Convenience store generating approx. $55,000/mo. with cigarettes accounting for about $35,000. Operator works on 13% gross profit margins for cigarettes and 35% gross profit margins for the convenience store. Small deli operation generates about $2,000/mo. Lottery generates between $35-40,000/yr commission and an ATM machine about $500-600/mo. Operator has a number of commercial accounts billed monthly that average $30,000/mo. Many accounts are diesel and bring a premium price. Oil company requires $20K deposit.
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