Branded Gas Station with Conv store approx $100k a month rev. Anyone fund this?
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  1. #1
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    Branded Gas Station with Conv store approx $100k a month rev. Anyone fund this?

    Branded Gas Station with Conv store approx $100k a month rev. Anyone fund this?

  2. #2
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    If they have strong enough daily balances or healthy CC volume we can get this done. Feel free to reach out if I can be of any help here.

  3. #3
    Senior Member Reputation points: 6957 ESE5020's Avatar
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    We fund gas stations and convenience stores in them. Send to Submissions@EastShoreEquities.com
    East Shore Equities, LLC
    Tel: (516) 784-4298 | Fax: (516) 231-5590
    www.EastShoreEquities.com

  4. #4
    Veteran Reputation points: 135672 Chambo's Avatar
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    Quote Originally Posted by MCA View Post
    Branded Gas Station with Conv store approx $100k a month rev. Anyone fund this?
    the bank statements show $100K, but how much of that is their money? Most gas stations are primarily pass thru (the money goes to the gas company, not in their pockets). Typical gas station makes between .05-.15 on the dollar. Unbranded tend to make more (approx .25).

    So if they are depositing $100K, the REAL REVENUE is only approx $10K

  5. #5
    Veteran Reputation points: 135672 Chambo's Avatar
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    that is why you rarely see stand alone gas stations anymore. They almost all have some franchise, or convenience store attached. The gas is a lead in to where they make their real money

  6. #6
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    Quote Originally Posted by Chambo View Post
    that is why you rarely see stand alone gas stations anymore. They almost all have some franchise, or convenience store attached. The gas is a lead in to where they make their real money
    The big deals are fun. I did a $135Mil financing for a company that bought a slug of Exxon/Mobile stations in the North East. The deal was structured into two companies, the operating company and the real estate company. I placed the equity and the senior for both companies. The equity investor picked their mezz lender, but I still got paid. The owner and the equity guys made a killing the deal!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  7. #7
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    rapid

  8. #8
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    We can do it on credit card split if the store is separate and does decent processing volume
    Jason H l Sales & Business Development
    Quikstone Capital Solutions l Tampa FL
    Direct Line & Mobile 813-371-8233 l Fax 813-371-8233 l Text 727-492-8812
    Jason.Hausle@quikstonecapital.com
    www.quikstonecapital.com


    Direct Lender Since 2005

  9. #9
    I can fund the gas station for you, funded a Shell gas station in Colorado acouple weeks ago
    jayson@mradvancellc.com

  10. #10
    100 percent will fund it its james from high five funding we fund defaults declines over leveraged merchants any type of deal we beat any offer aprove 95 percent of the files that come in any file deposting over 10k a month no matter what the case is try me out with any deal

  11. #11
    We can gladly look into this - send me over an email
    Ben Terner
    VP of ISO Relations
    Direct: 248-341-9789
    Email: bterner@cooperasset.com
    Web: www.cooperasset.com


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