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Gas Station Commercial loan

My partner and i are interesting in purchasing a gas station in the 300k range and we're in the process of putting together a business plan and approaching the bank. What are the chances of getting a commercial loan when we're putting in 20% down?

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Answers (5)
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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

Kindly acknowledge receipt of email.

Thank you.

Yours Sincerely
Jesse Peterson
phone: (980) 239-7539
email: info@interventionmortgagefirm.com
web: http://www.interventionmortgagefirm.com/

Jul 4, 2017
Michael Hamlar
Hamlar Enterprises, LLC
Roanoke City County, VA

Rami,

We hope this finds you doing well. We specialize in the acquisitions of gas stations and it is difficult to obtain financing for gas stations and c-stores. However, if it is a viable business some banks are willing to lend with the proper downpayment. What city and state are you looking to purchase? Is the station doing producing a profit or a loss? Does the acquisition include real estate? If you would like more information you can contact us at 1-800-682-1950 ext. 101.

Michael Lawrence Hamlar, Doctoral Candidate, LFSP
President & CEO
Hamlar Enterprises, LLC
Hamlar Business Broker

P.O. Box 3336
Roanoke, VA 24015
Phone & Fax 1.800.682.1950
Email: mike@hamlarenterprises.com
Skype: MHamlar

Jun 20, 2011
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Store Manager

Hi Jey,
From your post, i would assume that its hard to get funding for gas stations but if it was the case of a convenience store, what's the situationt there ? Is it easier to get funding for convenience stores ? I'm in Canada and wanting to move to the US to get out of the cold and maybe use the economic conditions in the US.
Thanks
Azfar

May 29, 2011
Jey Arul
VR Business Sales
Alberta Canada

Assume that you are located in Canada, there is a small chance that you will be able to receive funding depending on the sales and volume of Gas being sold in the store. Most Banks stay away from funding gas stations due to: 1) most owners do not report a profit and thus show very little cash flow coverage to service the loan, 2) the potential environmental risk if there were to be a contamination on site.

Jey

May 28, 2011
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Store Manager

Hi Rami,
Are you planning to buy an existing and running Gas Station or do you plan to setup a new one from scratch. Where are you planning to buy one and when ? I'm also more or less in your shoes but i'm in Canada and i plan to buy one in the US to get away from the cold climatic conditions. Could you please let me know about the progress in your plans as your reply will help me too.
Thanks, i'd appreciate if you could reply here or write to me at azfarkhawaja@yahoo.com

Thanks
Ma'aslaam

May 28, 2011

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