Multi-Site Operators

Sale-leaseback funding for multi-site operators.

For multi-site operators with a proven concept who want to keep growing without giving up the business, from your second location to your hundredth. Sale-leaseback and build-to-suit, funded and built end to end.

700+
Transactions closed
$8B+
Transaction volume
Up to 100%
Project funding
Up to $50M
Per project

Who it's for

Operators running roughly 2 to 100 locations with facility-intensive concepts: veterinary, medical and dental, childcare, fitness and wellness, quick service restaurants, car washes, family entertainment, auto service, and specialty retail.

We need a multi-site operating record so we can underwrite the rent against verifiable unit economics across at least two locations. The operator has to be the tenant on day one.

Sale-leaseback vs. build-to-suit: when to use each

Sale-leaseback is for buildings you already own and operate from. We buy the real estate, you sign a long-term triple net lease and keep operating, and the capital trapped in the building moves into the business: the next location, the next acquisition, or working capital. How a leaseback works.

Build-to-suit is for new locations. We can fund and manage the build, up to 100% of project costs on deals that fit, so your capital stays in operations, with an in-house development team from first conversation through certificate of occupancy. Build-to-suit development.

Portfolio and programmatic sale-leasebacks

Single property or portfolio. A master lease is available for multi-property portfolios, and larger portfolio aggregations are evaluated case by case beyond the $50 million per-project cap.

How Haven underwrites

Rent is underwritten against each property's verified four-wall unit economics, not arbitrary cap rates or made-up multiples. We evaluate the asset, the operating credit, and the rent the unit economics will support. Our team comes from STORE Capital, Jones Day, and PennyMac.

Haven funds with committed capital, not deal-by-deal syndication. Investment Committee blesses every LOI before sending, and there is no re-trading.

A 72-hour decision window

72-hour decision window. The same team stays with the deal from start to finish. Most LOIs go out within 48 hours of a complete package, and 35 to 45 day sale-leaseback closings are standard.

Operators we work with

Marina Network

Marine Service • Multi-State Portfolio • Sale-Leaseback with M&A

Truck Lube Centers

Auto/Truck Service • National Network • Portfolio Sale-Leaseback

Trampoline Park

Family Entertainment • Chicago Metro • Build-to-Suit

FAQ

  • Who is Haven's sale-leaseback funding for?Multi-site operators with a proven concept who want to keep growing without giving up the business, from your second location to your hundredth. Haven needs at least two existing locations with documented unit economics.
  • Should I use a sale-leaseback or build-to-suit?Use a sale-leaseback when you already own and operate from the buildings and want to move that equity into the business. Use build-to-suit when you are opening new locations and want Haven to fund and manage the build so your capital stays in operations.
  • Can Haven do a portfolio sale-leaseback?Yes. Haven evaluates single properties or portfolios, and a master lease is available for multi-property portfolios.
  • How much can Haven fund?Up to $50 million per project, with larger portfolio aggregations evaluated case by case. On new sites, Haven's committed capital can fund up to 100% of acquisition and construction costs on deals that fit.
  • What does the lease look like?15 to 20 years initial term. Triple net (NNN). Annual rent escalators of 2-3% or CPI. Corporate or parent guarantee.
  • How fast can a sale-leaseback close?Standard close is 35 to 45 days from a complete underwriting package. Most LOIs go out within 48 hours of receiving full financials and property information.
  • Is Haven Capital Partners the Haven Capital ground-lease firm?No. Haven Capital Partners (havenslb.com) focuses on sale-leasebacks, build-to-suit development, and project delivery for multi-site operators. Another company using the Haven Capital name focuses on ground leases.

Ready for your next location?

One conversation tells you whether a sale-leaseback or build-to-suit is the right move. We'll be straight either way.

Connect with Haven