Palm Beach County price points are higher than most of Florida, which changes which lenders will fund a purchase and how much equity you need.
Here are the financing paths that work for a Palm Beach County gas station acquisition.
The Lender Landscape
Community and regional banks active in South Florida handle conventional fuel-site lending and SBA 7(a) as preferred lenders. Certified Development Companies partner on 504 loans for real-estate-heavy deals. Credit unions serving Palm Beach County business members compete on rate. Non-bank SBA lenders take on more first-time operator risk at higher cost.
Because Palm Beach County land values push many purchases above the $5 million SBA 7(a) ceiling, larger deals often use 504 structures, conventional debt, or a combination with seller financing.
Structuring Around a Higher Basis
Common structures include SBA 7(a) for the business plus a conventional or 504 piece for real estate, a seller note behind bank debt on full standby, sale-leaseback of the real estate to fund the operating purchase, and partnership equity for the down payment.
Confirm the lender's environmental policy before you commit. Fuel-site lending stalls on Phase II results more than anything else. See how to finance a commercial gas station property purchase.
What Palm Beach Lenders Want to See
Documented fuel or retail operating experience, verified gallons and inside sales, a realistic pro forma with debt service coverage above 1.25x, liquidity after closing, and a clean or characterized environmental file.
Related: comparing gas station financing options and Palm Beach County gas stations for sale.
The Gas Station Group works Palm Beach County daily. Call (305) 518-1545 or visit our contact page. All transactions are brokered through Fausto Commercial.
Frequently Asked Questions
Speak With a Florida Gas Station Specialist
Request a confidential consultation or off-market opportunities and pricing through our contact page, or call +1-305-518-1545. The Gas Station Group is headquartered at 8603 S Dixie Hwy, Miami, FL 33143. Principal: Bobby Berrido.