gas station property worth 1 million
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  1. #1

    gas station property worth 1 million

    have a gentlemen who own 2 gas stations. looking to get capital based off one of his gas stations that he owns which is worth 1 million. currently has an offer for 16% for 5 years. who can do this ?

  2. #2
    How much is the offer for? Does he own the property on which the gas stations stand? If so, are there any liens/mortgage on the properties? If the property can be used as collateral, we should be able to get longer term/lower rates. PM me if interested

  3. #3
    Senior Member Reputation points: 68233
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    The environmental issues on Gas stations make this tricky. If the LTV is less than 60% I can assist.. Richard 516 510 3855.. rg@businesscapitalconsultants.com

  4. #4

    gas station property worth 1 million

    Try an investment bank specializing in gas stations, not sure how many are out there. I know of 1 & they will take a debt position for around 7-10%, or buy 30% equity. Email if you want more details bbrooks@moneymatchmakerco.com

  5. #5
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    We can go 13% for 2 years and give a new deal at that time.

  6. #6
    Were you able to close this deal??? Hit me up at: fundgirl77@gmail.com

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