RAISING CAPITAL
$2.5M Rev Plumbing Contractor in Southeast US, Lender Liquidation Asset Purchase
Consumer Services · Southeastern United States
revenue: $2,500,000
ebitda: $500,000
Exclusivity:
Exclusive Representation
SBA Eligiblity:
Not SBA Eligible
Revenue:
$2,500,000
EBITDA:
$500,000
We’re buying the operating assets of a southeastern US plumbing contractor out of a lender liquidation. The lender sells under Article 9, so the assets transfer free and clear of its liens. The package includes the trade name, customer list, website and phone numbers, plus equipment and inventory. We plan to relaunch under the existing name with retained techs.
Terms:
Single-deal SPV raising $200k to $250k for the purchase and relaunch working capital
Class A preferred units: 8% cumulative preferred return, 1x capital back first, then 80/20 investors/sponsor
No fees on this deal; the principals co-invest
Accredited investors only, with verification required
Funds held in escrow until a clean close
This is the seed deal for Trade Route, a fund buying and rebuilding distressed trade contractors in the Southeast. SPV investors can roll their units into the fund at formation.
Closing is targeted for November 5, and commitments are due by Oct 28. DM me for the deal summary.