Category Archives: Re-Financing Commercial Property

Gas Stations for Sale and Financing

Posted on by

Just today we got some rates on gas stations…and we are now selling them through our national network….look at these plans for commercial gas stations with or without a Convenience Store.

Purchase or Refi   25% down/max 75% LTV on refi. 5 year fixed 25 year am. 4.5-4.75%

20% down/10% seller carry second 6%/30 year am.   It has been a while since we have seen these attractive rates, and these are from a California lender that does national lending.

We have 26 stations listed in Central and Northern California, and over a thousand through our network…so if you are looking to buy or sell a station, give us a call. Call Ron Largent at 888-272-8088…or go to www.GasStationsAmerica.com

 

How Do Gas Stations Make Money??? A Common Question

Posted on by

How Gas Stations Really Profit

How do gas stations stay in business? More and more of a gas station’s bread and butter is, well, bread and butter — and the coffee and candy bars it sells in its convenience store. Most of these items generate much higher profits than gas. Increasingly, a station owner’s biggest challenge is convincing drivers to step inside the store after they gas up.

The National Association of Convenience Stores estimates that gasoline accounts for 70 percent of a typical station’s revenues, but only 30 percent of its profits. Low profit margins are squeezing companies along the length of the gasoline supply chain, from the biggest refiners to the smallest corner stations. Contrary to popular belief, 95 percent of gas stations in the U.S. are independently owned. Their prices and procedures are not dictated by a major oil company, even if the station licenses that company’s name.

Unlike other industries, which might run a sale or slash prices when demand for their main product is falling, there isn’t much gas stations can do to pump up demand. Most are reluctant to cut prices. To get a competitive edge, many station owners are investing heavily in items such as coffee, fountain drinks and sandwiches. They’re emphasizing convenience, building bigger stations and investing in bathroom upgrades. Station owners say the idea is to build a base of repeat customers who could get gas anywhere, but choose to buy it from them because there’s an open pump and the bathrooms are nice and clean.

What is a Hard Money Loan?

Posted on by

We may be the hard money arranger that you need for all kinds of business loans, including real estate business loans.  Bad credit can be a non-issue with us. We want to help you get the hard money that you need, when you need it.  We provide the following types of loans for our borrowers:

•Commercial loans:  Any type of commercial property is acceptable, however, please be aware that we rarely make loans on land only.

•Residential Structures: Any single family home, townhouse, condo,  apartment or entire complex is usually acceptable. The property may not be used as your primary residence. Occasionally,  we have been able to use a primary residence under the strictest of circumstances. Again very rarely do we fund  this type of loan; please call for further information.

•Rehab loans:  We make loans for the sole purpose of rehabbing property.  Whether you plan to keep the house as a rental property or resell the property, The Company will be here to make your loan for you.  Typically, we ask that you have 15-35% of the purchase price of the property to use as a down payment and that you provide your own money for the fix-up.  Depending upon your credit, your experience, and the property address, we will sometimes make arrangements for borrowers to recover most of their down payment money through a draw system as the improvements are completed.

•Flips:  We loan money for properties whose sole purpose will be “flipping”.  It doesn’t matter whether or not the house is currently occupied.

•Bridge loans:  Any length of loan can be considered (3 months to 30 years).  Real estate or tangible property must be pledged.  Receivables are not acceptable for our loan terms.

•Foreclosures, REO’s, Short Sales:  Distressed properties are usually approved.  The  Company will consider single or bulk collateral.  Whether you are buying one property or one hundred properties, we can make the loan in the shortest of timeframes.

•Notes (performing or non-performing):  Please not that all loans of this type require some additional time to review.

•Tax liens:  Contact us for more information regarding these loans.

•Tangible assets:  Equipment, automobiles, boats, bullion, gemstones, jewelry, high end art, collectibles and/or firearms can be pledged for instant cash.    •