Exploring Acquisition of Profitable Auto Service Business in Kansas – Seeking Pre-LOI Investor Interest

Hi Searchfunder community, I’m evaluating the acquisition of a long-standing, high-performing tire and auto service business in Wichita, Kansas. Before submitting an LOI, I’m seeking investor interest or pre-approval to support the equity portion of the deal, targeting $250K–$350K in funding. 🔧 Opportunity Snapshot: • 2024 Revenue: $2.32M • 2024 SDE: $353K (15.2% margin) • 20-year operating history with a loyal, repeat-heavy customer base • 13 skilled employees across service and admin roles • 60% of sales from tires, 40% from labor and parts • Real estate is owned by the seller (option to lease or buy) • No online marketing currently — strong upside potential 💸 Deal Overview (Pre-LOI): • Asking Price: $950K (includes ~$155K inventory) • Structure: Targeting SBA 7(a) loan + equity injection • Equity Ask: $250K–$350K (down payment, working capital, growth capital) • Open to flexible structures (minority equity, note, rev share, etc.) 👤 Why I’m Excited: This business is simple, recession-resistant, and operationally sound. With my background in industrial operations and continuous improvement, I see immediate opportunities to drive top-line growth and margin expansion. If this deal fits your investment profile, I’d love to connect before I move forward with an LOI. Feel free to DM or comment — happy to share the CIM and talk through the opportunity. Thanks, Ricky