gas station and convience store
Need a Funder or Vendor? START HERE

Results 1 to 6 of 6
  1. #1

    gas station and convience store

    Anyone out there that uses the gas sales revenue for qualifying

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
    Join Date
    Sep 2014
    Location
    NYC
    Posts
    1,436

    Not really possible, the real money in one of these places is the convenience side, since the profit margin on the gas is miniscule

  3. #3
    Veteran Reputation points: 159120 J.Celifarco's Avatar
    Join Date
    Oct 2012
    Location
    New York
    Posts
    2,509

    The banks that fund gas stations will look at the revenue but will fund only a very small % of the total gross sales on gas
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  4. #4
    John

    The merchant will let you put a lien on his business worth $500k wants $200k does $60k in store and $100k in gas monthly

    will you look at it ?

  5. #5
    the merchant will let the investor put a lien cross collateralize on his business worth $500k does $100k in gas monthly and $60k in store monthly ,

  6. #6
    Senior Member Reputation points: 54989
    Join Date
    Dec 2013
    Posts
    4,713

    Quote Originally Posted by mrjames View Post
    Anyone out there that uses the gas sales revenue for qualifying
    We look at them all day!
    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

Similar Threads

  1. Replies: 12
    Last Post: 01-10-2017, 01:50 AM
  2. Replies: 1
    Last Post: 08-12-2015, 12:15 PM
  3. GAS Station, w// Diner, & Connivence store attached
    By mrmcfadden in forum Deal Bin
    Replies: 2
    Last Post: 05-19-2015, 06:21 PM
  4. Convenience Store/Gas Station 2 1/2 months TIB
    By upperlinecap in forum Deal Bin
    Replies: 5
    Last Post: 01-14-2015, 01:47 PM
  5. Gas station and convenience store
    By AlexSMF in forum Deal Bin
    Replies: 4
    Last Post: 01-12-2015, 07:00 PM


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  


INDUSTRY ANNOUNCEMENTS

Blue Owl Capital acquires Atalaya
Kansas added to disclosure service tool
FIS launches SMB digital lending


DIRECTORY