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Updated almost 2 years ago on . Most recent reply

User Stats

64
Posts
9
Votes
Dan Cho
  • Latham, Ny
9
Votes |
64
Posts

Any Owner/Operator Gas Station?

Dan Cho
  • Latham, Ny
Posted

Hi I recently came across a truck station gas station deal in the northeast, selling for about $2.5, revenue around $6.0, and cash flowing around $500k. Seller is claiming that they do over 2 million gallons a year. 

I'm trying to figure out of this would be a good owner/operator type of business, is there anyone here who owns a gas station that I could reach out to gain more insight on this matter. Thank You.

Most Popular Reply

User Stats

72
Posts
23
Votes
Varma Adduri
  • South Plainfield, NJ
23
Votes |
72
Posts
Varma Adduri
  • South Plainfield, NJ
Replied

Z reports is the daily sales report of the C-store that can be printed from POS (point of sale) or cash register

Common scam is, the items will be rung up without actual sale. This is to show that there is more sale than there actual sales.

Check the cash reconciliation report daily to see if the register is short by amount. This is one way to catch it.

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