Typical gas station profile - benchmarks
Average Approximately $3,000,000 asking price Your monthly expenses should be $54,000 You should have an operational cash flow of $22,000 A 10.5%, 20 year loan, with 20% down should Monthly Payment of $24,023 Your goal is to have your cash flow pay loan For example: 1 full time employee costs | Rate ($/hr) | Hrs/Day | Days/Wk | Wks/Yr | Annual ($) | Monthly ($) | |---------------|-----------|-----------|----------|--------------|---------------| | 20.00 | 8.0 | 5.0 | 52 | 41,600 | 3,467 | | — | — | — | Total | 41,600 | 3,467 | 1. Average profile Based...