Bridge Mergers and Acquisitions prides themselves on unmatched customer service. Helping clients navigate through all the pitfalls of selling their business is our number one priority. We understand how important confidentiality is throughout the entire process. The Co-Founders think it is important to personally stay involved throughout each and every transaction. Both owners have an extensive background in banking and finance which proves extremely valuable when setting the market price and maximizing the proceeds for our sellers. Their experience allows a more skillful vetting of potential buyers so that the best buyer candidates are brought to the table and our business owner's time in not wasted with non-qualified prospects.
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
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