Gas N' Wash Case Study 2025
Fueling expansion: how Gas N' Wash broadened capital horizons
The Assignment
Gas N’ Wash, a family-owned fuel, convenience, and service company based in Chicago, sought financing to support its ambitious expansion goals. Since its founding in 2012, the company has grown to 23 locations offering fuel, convenience stores, car washes, quick-service restaurants, and video gaming parlors, becoming a trusted local destination. However, substantial debt with regional banks and their legal lending limits posed challenges, requiring Gas N’ Wash to broaden its banking relationships to secure capital for new projects. This financing was essential to sustain growth while preserving operational cash flow.
The Process
To address Gas N’ Wash’s growth needs, Kreshmore Group targeted lenders experienced in retail and service sector financing to secure construction funding. Highlighting Gas N’ Wash’s strong brand, stable cash flow, and strategic locations, we generated substantial lender interest. Through a structured financing process, we obtained optimal terms, resulting in $14.5 million in construction financing essential for their expansion. This funding enables Gas N’ Wash to advance its expansion plans without impacting its operational cash flow, supporting the development of new locations across the Chicago area.
The Results
Kreshmore Group secured $14.5 million in construction funding for Gas N’ Wash, enabling the company to expand across Chicago while preserving financial stability. With favorable terms, the financing allowed for seamless new construction without disrupting daily operations. This structured deal not only met immediate growth goals but positioned Gas N’ Wash for long-term expansion, demonstrating the strength of its business model. The successful transaction highlighted the value of tailored financing solutions for sustainable growth in the competitive fuel and service industry.
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