Posted by: houston_kancho January 24, 2010
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.. good question
lets see
gas
$ 10000/$2.59 regular gas =3861 gallons per day
3861 * $0.11average profit margin = $ 425
monthly income from gas 425*30 =$12742
now expenses
1) employee 18hrs* $9 average rate = $262/day
monthly 262*30 = $4860
Conclusion: store is doing great job.
lets see
gas
$ 10000/$2.59 regular gas =3861 gallons per day
3861 * $0.11average profit margin = $ 425
monthly income from gas 425*30 =$12742
grocery
$ 2500*.33 ( average percent margin on grocery) =$ 825 =>>this is minimum bastards makes way more then that.
monthly 825*30 = $24750
$ 2500*.33 ( average percent margin on grocery) =$ 825 =>>this is minimum bastards makes way more then that.
monthly 825*30 = $24750
therefore gas+ grocery = $12742 + $24750 = $ 37491 which is just revenue, not including lottery, phone card
now expenses
1) employee 18hrs* $9 average rate = $262/day
monthly 262*30 = $4860
2) rent = $7000
3) electricity + water = $ 3000
4) insurance = $ 750
5) phone + utilities = $400
6) pump repair and misc expanse = $500
7) last but not least
THEFT FROM EMPLOYEE + CROOK CUSTOMERS = $ 600 lets assume
3) electricity + water = $ 3000
4) insurance = $ 750
5) phone + utilities = $400
6) pump repair and misc expanse = $500
7) last but not least
THEFT FROM EMPLOYEE + CROOK CUSTOMERS = $ 600 lets assume
Total Expanse = $ 17110
gross profit = $ 37491 - 17110 = $20381
according to my calculation.
gross profit = $ 37491 - 17110 = $20381
according to my calculation.Conclusion: store is doing great job.