** Attention MCA Brokers
Need a Funder or Vendor? START HERE

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  1. #1
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
    Nov 2014
    Location
    South Florida
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    840

    ** Attention MCA Brokers

    Do yo have a restaurant client that is looking to sell ?

    We are looking for two things -

    1) restaurant with gross sales of 3M in the south Florida Market ( North Palm Beach to Broward County), Cash buyer looking to close quickly, concept isn't an issues.

    2) we have an equity group that is looking for a multi unit concept minimum of 2 or more - again all cash deal, owner stays on with percentage ownership and fantastic salary - investor will provide all the necessary funds to expand locations and eventually sell to a larger equity group.

    recent closing with equity group: local restaurant concept with 5 leased locations, deal started out at 8M asking price, they negotiated to $16M + $500k salary for the existing owner and 10% of company and future locations.

    the restaurant purchase is critical, he would like to find something within the next 2 weeks and close quickly - points available.

    I know this isnt the forum for this but i figured someone has a client that is looking to sell. brokers im sure you have someone that is looking to sell, and they would provide a nice finders fee to bring them a buyer or investor.
    Last edited by Jstarr; 02-16-2017 at 09:05 AM. Reason: updated details
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  2. #2
    Senior Member Reputation points: 54989
    Join Date
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    4,713

    ..Jerry is someone that does not confuse efforts with results, I would recommend you keep his offer in mind when talking to restaurant clients that meet his criteria above!
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    覧覧覧覧覧覧覧覧覧覧覧覧覧
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  3. #3
    Is Sarasota too far north?

  4. #4
    I sent you a PM.

  5. #5
    Senior Member Reputation points: 34509 Jstarr's Avatar
    Join Date
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    Location
    South Florida
    Posts
    840

    Im sorry for not clarifying location, they are specifically looking from North Palm Beach to Broward county - Again all cash looking for something quick !! ,

    Thank you @Mcaguru, did you have a chance to contact the restaurant i sent you? he has two locations.

    Wefundit - sent you a response.
    Jerry Starr
    Insource Funding
    433 Plaza Real,
    Boca Raton, Fl 33432
    P: 800-805-3391 Fx: 561-270-6895
    insourcefunding.net

    WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL

    ◆ 50% LTV - No Fico Required
    ◆ 90% CLTV on Purchases
    ◆ Investment Residential / Commercial Properties



  6. #6
    Banned Reputation points: 4530
    Join Date
    Mar 2014
    Location
    Ann Arbor, Michigan
    Posts
    1,289

    Hi Jerry, how go the battles?
    Bob

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