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re: If you had $60k cash to start a business

Posted on 7/14/13 at 10:18 pm to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 7/14/13 at 10:18 pm to
quote:

This is a rural station that runs credit to certain clients. He is higher than stations in town. He told me he sells $30K every two weeks in gasoline. I'm not sure what his profits are though.


Run away, fast.....

He just told you he sells like 8,000-9,000 gallons every 2 weeks.....that is one of the worst gas stations I've ever seen. I mean that's less than 900 gallons/day....does he have 1 pump? My worst one sells north of $125k every 2 weeks....don't look at sales, Im by no means rich off that margins are miniscule.

Now if he meant it's profiting $30,000 every 2 weeks, thats realistic, but it's going to be worth $2-2.5M haha
This post was edited on 7/14/13 at 10:22 pm
Posted by offshoretrash
Farmerville, La
Member since Aug 2008
10269 posts
Posted on 7/14/13 at 10:46 pm to
Very interesting. He says he shows 1.2 mil on his taxes. I can't get a solid number on what he puts in his pocket. This is why i am looking around
This post was edited on 7/14/13 at 10:48 pm
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