Seeking capital.
Hi Everyone,
I have secured an excellent deal in niche industry that has seen strong growth over the last 4 years with EBITDA at $1.1M - $1.3M. with $10M~ 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!
industry
Construction
Construction
location
USA
USA
revenue
$10,000,000
$10,000,000
ebitda
$1,200,000
$1,200,000
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