winter32842
New Member
Our family have spent all of our life saving to buy a lottery/cigarette store (a very small store) for $50,000 just about 2 weeks ago in downtown Boston. The previous owner said that he made about $110,000 in lottery commission last year, about $96,000 two years ago. Yes, we have written document of it. After we brought it, we are only making $90.00 per day, therefore we will only make about $32,000 per year in lottery commission. The rent is about $3000 per month and therefore, we should make at least $100 per day profit in order to just pay the rent.
We went to the lottery headquarter and found out that the previous owner lied about the lottery commission. He only made about $50,000 in lottery commission and he made $100,000 from the combination of lottery commission, the percentage he got when people won really big and the store itself won a $20,000 lottery (every year the lottery commission draws lotteries from all the store and give money to lucky stores that actually get draw in the lottery).
We want to return the store back to the previous owner and get our money back as soon as possible, so our father, who work at the store right now, can actually work a real job instead of working for free.
Please help, we have spent all of our money on the store and we do not have any more money. Our father is the sole provider of our family (family of 5). I am a full time college student.
We went to the lottery headquarter and found out that the previous owner lied about the lottery commission. He only made about $50,000 in lottery commission and he made $100,000 from the combination of lottery commission, the percentage he got when people won really big and the store itself won a $20,000 lottery (every year the lottery commission draws lotteries from all the store and give money to lucky stores that actually get draw in the lottery).
We want to return the store back to the previous owner and get our money back as soon as possible, so our father, who work at the store right now, can actually work a real job instead of working for free.
Please help, we have spent all of our money on the store and we do not have any more money. Our father is the sole provider of our family (family of 5). I am a full time college student.
