Updated almost 4 years ago on . Most recent reply
Trying to close on a carwash w RE
I'm trying to buy a carwash in 1.75 acres busy intersection, in business since 2002 , revenues of 580k and nets 350k semi absentee. Asking 1.5 willing to comeback 850k w 650k down.
I'd love to find a private lender or partner . Confident seller will negotiate. Im also looking at apartment buildings in the area and multiple deals w 10% cap rate and upside potential. My credit is **** due to losing 1.7 m in Crypto winter 2018, but I'm a serial entrepreneur and can run this business with my eyes closed. Open to any idea that will help me get my acquisition company and commercial real estate firm off the ground securing our first cash flowing asset