Business Summary:
Goodwill = $100,000
Rent = $4,500 per month
Lease Term = 5+5 year triple net
- Gas Sales = 1,080,000 gallons per year.
- Grocery sales = $480,000 per year
Gross Profit = $ l85,000 per year
- Gas profit = $65,000 per year @0.06 cents per gallon.
- Grocery profit = $120,000 per year
Overbead per year = $135,000
- Rent = $54,000 per year
- Property tax = $3,000
- Utilities = $7,000
- Credit Card = 23,000
Payroll = $48,000
Net profit year year = $50,000 + lottery commission @5.5%.
- Credit Card processing fee = $23,000
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