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Looking for convience store or Gas station!!!

I am looking for a convience store in Orlando or Gas station where I can give a small downpayment of 10-20k and pay the remaining balance in monthly payments with interest. Please call me at 772-539-2665 or email me at sandeep_barot88@ymail.com I am a very serious buyer and very hard working.

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Answers (4)
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Orange County, FL

Hi, I have money for the gas deposits and etc. I can even put 50k as a downpayment and then pay payments every month.

Aug 17, 2012
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The BAF Group LLC
MD

The Seller may be interested, but with that kind of down payment, the business is probably earning very little - maybe not enough to pay the note you would incur. A serious buy is also probably not making any money, because anyone that is making substantial profit does not need to take a note with a deposit that small. This is not to be insulting - it is a matter of probable fact. Moreover, the Seller is not the only problem. Frequently, when you are talking about purchasing Fuel, there are deposits the Suppliers will demand of you, if he represents a major brand. Even if you are not required to post a deposit, you still have to make cash-on-delivery payment for fuel deliveries, while still paying employees, utilities (which WILL demand deposits,) trash removal, sales tax payments, initial inspections that may be required when you take over, C-Store inventory purchases, Rent ( which WILL also demand a deposit), repairs, advertising, insurance that will be demanded by the State and the Landlord, office supplies and more! These are the things that make people FAIL, when they go into this with too little money to start.

Aug 17, 2012
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Orange County, FL

This is why I am looking for a private seller who wants to get out and is willing to sell it to me for a little downpayment and then me pay him monthly.

Aug 16, 2012
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The BAF Group LLC
MD

Sandeep, with that kind of money to put down, it is doubtful you will be able to get a business of that kind. Even if you could get a loan for a terribly small Station, you usually have to have far more on hand for Inventory, deposits and several months of operating expenses. I believe you need to take a close look at how to generate more capital, before attempting to purchase a business of this kind. No one wants you to fail, particularly the people lending you money for the purchase. And starting with little capital behind you is the reason for the majority of business failures.

Aug 16, 2012

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