Business Summary:
Goodwill = $60,000
Rent = $2,000 per month
Lease term = 5+5 year triple net
Utilities + Credit Card will be payable by the operator.
- Gas Commission = $0.06 per gallon.
- Maintenance, inside owner operator's responsibility.
- Mainenance, ouotside coporate responsibility.
- Carwash Maintenance contract = $0.95 per car wash.
Sales data:
- Gas sales = 720,000 gallons per year
- Grocery = $350,000 per year
- Carwash = $36,000 per year
Gross profit per year = $164,000
-Gas Commission = $43,000
- Grocery profit = $85,000
- Carwash profit = $36,000
overhead per year = $112,000
Rent = $24,000
Property tax =- $3,000
Utilities = $5,000
Credit Card = $14,000
Carwash contract = $18,000
Payroll = $448,000
Net profit per year = $56,000 + 5.5% loto commission.
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