At $350k for the business-only gas station with $110k claimed cash flow, you’d pay $60k year in loan and $54k year in rent leaving you slightly Negative. We don’t know if the $110k is true take-home (SDE) or just EBITDA, which could overstate profits. Without real estate, there’s no equity or appreciation, so it’s basically buying a minimum-wage job 🤯.. These numbers are just a rough estimate, But should be fairly accurate. If your cool with that, do i
1 month ago
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Mrnydailynews
1 month ago | [YT] | 4