Quote:
Originally Posted by Formula
at almost $1.6mm you will need to make alot of donuts to cover the debit.
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That is great- LOL!
Really, there is no way that this place is worth 1.6M. Read the details, it includes the building, business and gas pumps- not the docks (I have a feeling you will be paying rent on the gas dock to the dock owner as well). The store is too big for what it is at 8K square feet and does not have enough year round traffic to support it. The debt service and utilities will kill you.