Property is 4 acres
Store makes over 4 mil gross
360K - 420K a month gross
87K a week in sales
$1,000,000 in payroll
Owner and son never there
Store manager gets paid 120K
400K father and son net
$2250 a week for the store manager
They make 140K a year from a sending money machine similar to Western Union
$7-$10 commission per transaction from Mexicans sending money to Mexico
$4,500 rent a month
Just got new compressors and coolers. They spent 220K
150K in inventory
25 employees
2024 - Gross: $4,561,927
Addbacks from 2024 Tax Return:
Compensation of officers: $152,699
Interest: $17,143
Depreciation: $7,768
Amortization: $13,790
Ordinary business income: $384,571
Adjusted net income for 2024: 575,971
2023 - Gross: $3,890,379
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $26,040
Depreciation: $7,770
Amortization: $13,790
Ordinary business income: $305,873
Adjusted net income for 2023: 504,297
2022 - Gross: $3,386,695
Addbacks from 2023 Tax Return:
Compensation of officers: $150,824
Interest: $19,101
Depreciation: $179,560
Amortization: $13,790
Ordinary business income: $337,665
Adjusted net income for 2022: $700,940
Broker of Records Jason Green SFR Realty License #RB20000977
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Ad#:2434425