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looking to buy

I have been in the retail industry for 15+ years, i'm looking to purchase a gas station with approx, $30,000.00 down. I'm result driven, customer-centered and have pioneered a world class retailer. The problem I'm facing is not enough capital and experience in getting a business loan. What I'm looking for is a owner who is ready for retirement and willing to help while taking a percent to repay the sale, is this possible.

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Answers (9)
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phone: (980) 239-7539
email: info@interventionmortgagefirm.com
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15 hours ago
Mrs. Elizabeth White
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Aug 16, 2017
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Aug 10, 2017
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Aug 7, 2017
Douglas Batts
Murphy Business & Financial Corporation
Collin County, TX
Premium Broker

Larry, we have a listing for a Dallas Neighborhood grocery store, no gas, for $285K for the business plus real estate (county tax records have real estate valued at $315K) or seller will lease real estate at $1500 per month and sell business for $60K, including 15K inventory. Contact me at d.batts@murphybusiness.com, if interested in more details.

Jun 24, 2009
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Does it have to be a gas station? Also are you willing to re-locate? We have a retail business in Southern IL near St. Louis that is doing very well that we are looking to sell because we are having a baby. You can email me at allisonb1@charter.net if you are interested. Both the building and business is available and the building has a wonderful loft for a rental or an on-premise owner. Thanks

Jun 24, 2009
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AIMS ATM
TX

IF U WANNA MOVE TO TEXAS IS POSSIBLE

Jun 23, 2009
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Petroleum Realty Advisors, Inc.
Clackamas County, OR

Larry,

You may be able to find a "business-only" gas station available for sale for $50,000 to $75,000 and you might be able to get the seller to carry back some of the price on a contract. The problem is that you will likely need at least $40,000 to $60,000 to purchase the store and fuel inventory. Until you have $75,000 to $100,000 to put into a station, I suggest you find a different investment. It's not an easy business and going in weakly capitalized without direct industry experience is a recipe for failure. Sorry to deliver bad news!

May 4, 2009
James A. Welch
Metrobrokers Inc.
Sr. Business Broker
GA

Hey Larry. I spent 32 years in retail and I can tell you that owning a C-store is a lot of hard work. With only $30k to pay down, you will not be able to get a high performing location, and you will probably end up working for wages. I suggest you re-focus your efforts and find a professional in your area to help you get some business financing to stay with what you know if it is as successful as you indicate. best of luck.

Apr 30, 2009

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