$450,000 Purchase of Two Firehouse Subs Restaurants!

Posted by in Brian's Blog, Commercial Real Estate, Recent Closings

Where?  Warner Robbins, GA

Type-borrower was purchasing 2 Firehouse Subs restaurants that had marginal cash flow because of an absentee owner.  They had a couple of existing stores already and ran much better numbers.  Still, because the stores being bought did not cash flow the debt, many banks said no.  However, they came to us and we were able to help with projections and do the loan as a projection based deal through the SBA 7A program and got the loan closed.  We close more Firehouse Subs loans then anybody and REALLY understand franchise financing for ALL franchise types.  When the banks say no-we say YES and we do it with the SAME BANK RATES!  Give me a call today at 866-355-1244.