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Re: tigerpac post# 45101

Thursday, 01/28/2021 11:57:50 AM

Thursday, January 28, 2021 11:57:50 AM

Post# of 45244
The numbers will come out. He disclosed that RLTR gets .35 per transaction. If they get to 100 locations and each one does just 10 sales a day that is 1000 sales per day. I suspect that based on an average size order of about 25 bucks that MM makes half of what a convenience store would usually make in margin. Say 40 percent so 10.00 gross profit. Split, that would be 5.00 per transaction to MM. Pay .35 to RLTR and you are left with 4.65 X 1000 transaction a day. that's $4,650 a day or $1,697,250 per year. Grow to 1000 locations and that gets pretty interesting. That's after paying the drivers, inventory, store partners, etc.