Commercial Real Estate

Business properties

Gas stations, convenience stores, daycares, car washes, and hotels combine a business with real estate. I help buyers and sellers evaluate both parts.

Overview

Business properties

Some properties cannot be separated from the business inside them. Gas stations, convenience stores, daycares, car washes, and hotels are bought and sold as working operations, with the real estate, equipment, licenses, and customer base together.

That makes them more complex than a standard commercial purchase. You are valuing two things at once: the real estate, and a business whose income depends on how well it is run. Licenses must be transferred or newly approved. Environmental history matters, especially where fuel is involved.

I help buyers and sellers work through both sides. I review the business figures alongside the property, coordinate the specialists these deals need, and keep the process confidential so staff and customers are not unsettled.

Who This Is For

Who I help

First-time owner-operators

You want to buy a business with its property and run it yourself. I help you understand what you are buying and what lenders will ask for.

Experienced operators

You already run locations and are adding more. I source opportunities that fit your model.

Owners ready to sell

You have built a business and want to sell it with its real estate. I prepare the sale and protect confidentiality.

What I Do

On your side at every step

Clarify your goals

The type of business, budget, and how involved you plan to be.

Source opportunities

Including businesses offered quietly and not advertised.

Review the figures

Tax returns, sales records, and supplier statements, alongside the real estate value.

Coordinate specialists

Environmental consultants, equipment inspectors, lenders, attorneys, and CPAs.

Track licenses and approvals

So permits are in place by closing.

Negotiate and protect confidentiality

Price, terms, training, and a handover period.

Process

How it works, step by step

01

Goals and financing

Weeks 1 to 2

We define the business type and budget. You speak with a lender, often about SBA financing.

02

Confidential search

Weeks 2 to 10

I identify businesses for sale. You sign a confidentiality agreement before receiving details.

03

Financial review

2 to 3 weeks

We review the records with your CPA to confirm what the business really earns.

04

Offer

1 to 2 weeks

I negotiate price, what is included, and the seller's help after the sale.

05

Due diligence

45 to 90 days

Environmental reports, equipment inspections, license applications, and loan approval.

06

Closing and transition

varies

Inventory is counted, the sale closes, and the seller trains you for an agreed period.

Worked Example

One price, three parts

A convenience store with its property, offered at $1,500,000:

Real estate (land and building): $900,000.

Business (equipment, customer base, and name): $600,000, about three times its yearly cash flow of $200,000.

Inventory: counted and paid for separately at closing, about $80,000.

Takeaway: Knowing how the price divides matters. It affects how much a lender will finance, how the purchase is taxed, and what you still own if the business struggles.

Illustration only. Values vary by business and location.

Costs

What to budget for

Down paymentDepends on the lender and loan program.
InventoryPaid for at closing based on a count.
Working capitalCash to run the business in the first months.
Environmental reportsA Phase I assessment, and further testing if it raises concerns.
Equipment inspectionPumps, coolers, kitchen, or wash equipment.
Licenses and permitsApplication and transfer fees.
Franchise or brand feesTransfer fees and required training, where a brand is involved.
Professional feesAttorney and CPA.
InsuranceProperty, liability, and coverage specific to the business.
What To Know

The terms that matter

Two valuations

The real estate is valued like any commercial property. The business is valued on its cash flow. Lenders look at both.

Verified income

Rely on tax returns, sales tax reports, and supplier statements. Income that cannot be documented cannot be financed and should not be paid for.

Environmental history

Fuel stations and car washes carry environmental risk. Underground tanks must be registered and tested, and past leaks can become the new owner's problem.

Licenses

Alcohol, fuel, lottery, childcare, and food permits each have their own approval process. Some take weeks or months.

Supply and brand agreements

Fuel supply contracts and franchise agreements can bind the business for years. Read their terms and transfer rules.

Seller training and non-compete

A training period and a promise from the seller not to open a competing business nearby protect what you are buying.

Staff

Decide early which employees you hope to keep. Confidentiality until closing protects the business for both sides.

Location

The business depends on traffic, access, and nearby competition, just as a retail site does.

What is negotiable

What is negotiable

Purchase price and how it is dividedWhat equipment and inventory are includedLength of due diligenceClosing tied to license approvalsSeller training periodNon-compete termsSeller financingRepairs or creditsClosing date
Before You Start

Have these ready

  • The type of business you want and your experience in it
  • Your budget, including working capital
  • A conversation with a lender familiar with business loans
  • Personal financial statement and tax returns
  • A CPA and an attorney ready to review
  • How involved you plan to be in daily operations
Common Mistakes

What to avoid

  • — Paying for income that is not documented.
  • — Skipping or rushing the environmental review.
  • — Leaving too little time for license approvals.
  • — Not reading supply or franchise agreements.
  • — Buying without a training period from the seller.
  • — Having too little working capital after closing.
Questions

Frequently asked

Why work with me

An owner's perspective on every deal

2026 Top 50 Chairman's Club award

Financial training

A bachelor's degree in finance and marketing from the University of Houston and an MBA from Texas Woman's University.

Corporate experience

More than a decade in corporate roles before real estate.

Proven volume

165+ closed sales and leases across Greater Houston.

Multilingual

Negotiations and guidance in English, Hindi, and Urdu.

Commercial Inquiry

Tell me what you need

This page is general education, not legal, tax, or financial advice.

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