Need Capital. $1.1M - $1.3M in EBITDA - Deal Secured. 5% Down 95% Seller Note at 5% Interest.

November 02, 2024
by a searcher from University of Minnesota - Twin Cities Campus in Minneapolis, MN, USA
Hi Everyone,
I have secured an excellent deal that has seen strong growth over the last 4 years with EBITDA at $1.1M - $1.3M. with $9M - 11.5M in revenue. About 35~ employees. Lengthy history.
Seller will carry 95% of the seller note at 5% interest on a 15 year AM for 3 years. Seller is willing to stay on for up to 2 years for the transition. After the 3 year term, I will go ahead with the SBA loan or with the seller's local bank who've I've already been talking with.
Multiple on the business is about 3.90x.
I've built a very strong relationship with the seller. I shadowed the business for a week - sat in many company meetings, spent the weekend watching them in action, flew there many other times. I've met all the employees, met important clients, etc.
I am looking to raise $350k.
This is a incredible opportunity. It has some pretty unique aspects. Reach out and let's talk!
Thank you!
from University of California, Santa Barbara in Nashville, TN, USA
from Creighton University in Kansas City, KS, USA