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Virginia Beach, VA
REVENUES: GAS Sales 30,000 gallons per month @ 20 cents margin (after paying credit card fees) Gas Income - $6000 per month 4 yrs left on the supply agreement with PMG. RAC + 1 cent deal on the gas. Refurbished pumps. STORE Sales: $55,000 per month (30% profit margin) $15,000 NET Profit Lottery (commissions): $3500 per month ATM (commissions): $400 per month Check Cashing (commissions): $2000 per month Parking Rental: $300 per month Vac/Air: $100 per month Misc (from yard sale rentals): $100 per month GROSS Income: $27,000 per month EXPENSES: Rent: $4500 per month Will increase 3% after 4 yrs...will stay the same for another 5 yrs after that. Payroll (including owner's salary): $4500 per month Utilities (gas + electricity + telephone + trash): $1500 per month Water: Free Credit Card Fees: $500 per month Insurance: $800 per month Misc: $500 per month Prop + Real Estate Tax: $400 per month Total Expenses: $13,000 per month Total NET Profit: Approx $12,000 - $13,000 per month
Virginia Beach, VA
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