DEAL: Medical Clinic for Sale $354K EBITDA - looking for a 10% cash partner

September 08, 2021
by a searcher in Toronto, ON, Canada
Hi Search Funders,
I currently have a medical clinic deal for $1.77m with 354k in EBITDA (5x multiple) in Canada.
There are 7 practitioners, 1 business manager and 2 receptionists/administrators. The owner is staying for 5 years and his wife is staying for 3 years.
I have a bank willing to finance 60% and the seller is willing to finance 30% as seller's finance which is postponed until the bank is paid back. The bank is willing to finance this transaction as long as we can finance 10% as cash.
I am looking for an investor to finance this 10% which is equivalent to $177k.
If you are interested, please message me or call redacted
from Ivey Business School at Western University in Toronto, ON, Canada
from University of North Texas in San Antonio, TX, USA