Client Seeks to Purchase Restaurant in FL for $300K. Who Does Acquisition Financing?
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Client Seeks to Purchase Restaurant in FL for $300K. Who Does Acquisition Financing?

    Client is looking to purchase it for $300K.

    Restaurant did $750K last year.

    Looking to close ASAP.


    Who does acquision financing?

  2. #2
    Senior Member Reputation points: 84417
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    Quote Originally Posted by Fundyman View Post
    Client is looking to purchase it for $300K.

    Restaurant did $750K last year.

    Looking to close ASAP.


    Who does acquision financing?
    The devil is in the details - more information is required - Contact me if you wish to discuss.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
    T/VM: 727-291-7890
    Office: 727-233-1111
    Skype: fc-financial

  3. #3
    Senior Member Reputation points: 78889 Olderguy's Avatar
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    Irvine, CA
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    2,342

    95% if seller does a 5% carry back. Reach out. Buyer needs management experience in the industry. Does the acquisition include real estate or just the business? You don't close an acquisition ASAP.
    Last edited by Olderguy; 02-09-2023 at 06:28 PM.
    Steve Benjamin
    Professional Business Loans

    522 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
    @ Personal Loans up to gross income from personal tax return.

  4. #4

    7 yr term loans, up to $400K in 7-12 business days

    Quote Originally Posted by Fundyman View Post
    Client is looking to purchase it for $300K.

    Restaurant did $750K last year.

    Looking to close ASAP.


    Who does acquision financing?
    We specialize in unsecured 5 or 7 yr term loans, $50-400K for 680+ clients
    No obligation/No credit pull pre-qualifications within an hour during business hours

    jay@preferredfundinggroup.com
    224-704-2473
    https://preferredfundinggroup.wufoo....rajwyp0jq4pjv/
    Last edited by jayg; 02-14-2023 at 03:44 PM.

  5. #5
    We can potentially help the client with the funding to take over the restaurant. Please give me a call. 815-878-0244

  6. #6
    Brandon are you a direct lender?

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