Metal Services Center in Tennessee
August 08, 2023
by a searcher from University of Tennessee - Knoxville in Nashville, TN, USA
SearchFunders,
I have a Metal Services Center under LOI in Tennessee at a 4.3x EBITDA multiple and the semi-Absentee Seller is gifting his Operator son 15% roll-over equity in the transaction. The sale is contingent on the son staying in place long-term and he's eager to grow the business exponentially. The company eclipsed $10M in sales last year and $1.5-$2M in EBITDA (QoE underway) with only 5 FTEs and 6 PTEs.
I DM'd over 230 SearchFunder Investors. If you are an Investor and I missed you, please feel free to connect.
If you are a NON-SBA Lender, I'd be interested in discussing options for senior debt.
If you are an Alternate Capital Provider, I'd be interested in discussing what you have to offer.
from Morehouse College in Birmingham, AL, USA
from The University of Michigan in New York, NY, USA