Professional Documents
Culture Documents
A. HISTORY
2. Who owned it previously? (List each seller and how long they have owned it)
5. If any seller is financing or third party financing, what are the terms?
B. OPERATIONS
10. How many after the loan is approved (FT and PT)?
20. Have the tanks ever been tested? When? (please submit report)
23. What are the gas prices for each grade of gas sold?
25. a. C-Store?
b. Lottery ticket sales?
c. Auto Repair facility?
d. Diesel, propane, other products sold?
27. If there is real estate in the transaction, is there a fuel supply agreement with the fuel distributor?
29. Request copy of most recent compliance audit together with most recent determination letter from DEP. In
PA, owners of USTs are required to have a 3 year compliance audit done by an independent third party
licensed by the State. Report will show age and condition of tanks and environmental monitoring systems.
Business Advisory, Strategic Planning & Consulting
C. COMPETITION
30. Who are the competitors and how do they impact the subject business?
32. What makes the subject business better than the competitors?
D. LOCATION
33. Site location (i.e. street address, city, state, zip, lot/block)
34. Type of street it’s located on (busy, divider on the street, 2 lane-highway. Etc.)
35. What is around this area? (residential, commercial, industrial, land, etc.)
43. Real Estate purchase—If the borrower is not occupying 100%, how many square feet of the total square
Feet is the borrower occupying?
Business Advisory, Strategic Planning & Consulting
E. BALANCE SHEET
44. Has enough working capital been allocated for the project?
F. INCOME STATEMENT
48. If historical figures do not support the debt service, what changes will they make to the operation?
50. Amount of property taxes and any additional expenses that Borrower is not currently paying?
51. Reason for purchase (moving to new location, adding another location, etc.)
Margin on Gasoline
Average Price/Gallon
(Dollars/Gallon)
Total Sales for C-Store
(Dollars)
Total Sales for Other