Summary
Looking for an SBA Loan for my client who currently owns a Wholesale Bakery in New Haven. He is going to need a bigger place. 3 years history. We would like to know estimated loan terms and required % of down payment.
Property
He would like to purchase 2091 Meriden Road. Cheshire, CT. Asking Price $789,000.
| 2091_meriden_road_cheshire_town_card.pdf |
| 2091_meriden_rd_cheshire.pdf-06-08-2016.pdf |
| seller_sec_of_state.pdf |
Expenses for April, 2014 to March, 2015
Property Insurance: $2,800
Water: $4,500
Oil/Propane Gas: $10,000
Electricity: $41,300
Property Insurance: $2,800
Water: $4,500
Oil/Propane Gas: $10,000
Electricity: $41,300
Seller Agent Note
The owners have not wanted to lease the property. I would be happy to show it to your group and if a purchase is feasible I believe there will be flexibility on the pricing. They can also submit a proposal to lease with an option to buy, but I am not sure if it would be considered. Have they looked at doing a purchase through the SBA? The rates are very attractive and it can be done with 10% down. Thank you and please call with any questions or to schedule a time to see the property.
Seller Agent
Ed Godin Jr., SIOR
Godin Property Brokers LLC
850 Straits Turnpike Suite 101
Middlebury CT 06762
(203) 577-2277
fax (203) 577-2100
Cell (203) 228-3729
Email – [email protected]
Web - www.godinpropertybrokers.com
The owners have not wanted to lease the property. I would be happy to show it to your group and if a purchase is feasible I believe there will be flexibility on the pricing. They can also submit a proposal to lease with an option to buy, but I am not sure if it would be considered. Have they looked at doing a purchase through the SBA? The rates are very attractive and it can be done with 10% down. Thank you and please call with any questions or to schedule a time to see the property.
Seller Agent
Ed Godin Jr., SIOR
Godin Property Brokers LLC
850 Straits Turnpike Suite 101
Middlebury CT 06762
(203) 577-2277
fax (203) 577-2100
Cell (203) 228-3729
Email – [email protected]
Web - www.godinpropertybrokers.com
Buyer Side
| bakery_financials_.pdf |
| 2091_cheshire_loan_details.pdf |
Lender 1 Responses Webster Bank
I have to see the buyers business and personal tax returns for the past 3 years YTD P&L and balance sheets as well as the Webster Bank PFS. I need their debt schedule as well.
| debt_schedule.xls |
| webster_bank_personal_financial_statement_1-6-15.pdf |
Contact
Any questions? Feel free to email or call me. Thank you for your interest!
Best Regards,
Savas Ozuolmez
http://www.ctrestaurantbrokers.com
Cell (413) 478 9932
Office (860) 316 4950
Fax (866) 236 8950
Email : [email protected]
Licensed Real Estate Broker in CT & MA.
Best Regards,
Savas Ozuolmez
http://www.ctrestaurantbrokers.com
Cell (413) 478 9932
Office (860) 316 4950
Fax (866) 236 8950
Email : [email protected]
Licensed Real Estate Broker in CT & MA.
Transaction History
08/10/2016 - Visiting Property
08/19/2016 - Buyer submit an offer to seller.
08/19/2016 - Buyer submit an offer to seller.
| true_world_s_offer_08_19_2016.pdf |
08/22/2016 - Seller submit an counter offer
| lp_2091_meriden_rd_cheshire_scavo.pdf |
08/25/2016 - Exploring SBA lender who may interested for this deal.
