Pilot/Flying J owes big time 84.9 mil
Discussion in 'Truck Stops' started by Cali Hawk, Nov 26, 2013.
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How much of that is owed to O/O leased to a company that will never see it.
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Guess the prices are now going to increase sharply at the Pilot/Flying J's.
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Hotdogs are now 2 for $5. $5 subs are now $10.
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100 million with 30 billion in revenue is nothing. It's a $100 speeding ticket to a guy that makes $30,000 a year.
EverLuc Thanks this. -
i think one of the owners or partial owners of the flying J's is one of " Reverend Jesse Jackson"'s son- thought i saw it on TV.
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Just another business expense. Hope there isn't some loophole for them to crawl into and find a way to write this "expense" off.?
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I hope you aren't an O/O.Revenue doesn't mean anything,especially if you owe more then you're worth.Revenue is what you have before you start subtracting the cost of buissens.If you are lucky you have money left over.When that happens it is called a "profit".You will then still pay taxes on "profits".If you do not have any money left over then that is what is called a loss.
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I am a very successful owner operator thank you very much. Yes I know the difference between revenue and profit, please spare me the "buissens" lesson. Bottom line is it's just a drop in the bucket and they're just returning stolen monies that they owed anyway, with minimal fees ( attorney and interest). For my typical revenue, the charge off to me would be $500 bucks. Less than an annual 2290. That's not going to make me double my pricing as some others have posted.
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They owe me for one jelly donut!
Truckergirl0720 and Bayle Thank this.
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