Restaurant Guy wants to borrow 500K to buy a lot with a operating diner.
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  1. #1
    Senior Member Reputation points: 14399
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    Restaurant Guy wants to borrow 500K to buy a lot with a operating diner.

    Restaurant guy wants to buy a lot with a diner and a four-bedroom house on it. The diner is operational. Any takers or guidance?

  2. #2
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    What size is the lot? Size of building(diner)?Value of building and lot? Diner revs?

  3. #3
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    I will find out.

  4. #4
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    Information needed:

    Top Line revenue for Diner

    Location and Size of Lot/ House?

    Estimated value?

    How much down payment is purchaser putting down?

    What is their FICO score?

    Do they have any experience owning/operating a Diner?

  5. #5

    Wbl

    Quote Originally Posted by Shorebird View Post
    Restaurant guy wants to buy a lot with a diner and a four-bedroom house on it. The diner is operational. Any takers or guidance?
    This sounds like a Collateral loan request. Call me to discuss 212-220-0175

  6. #6
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    What state?

  7. #7
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    NY

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