Seeking Capital to close on a LOI Deal

May 04, 2024

by a searcher in Sarasota, FL, USA

I am seeking capital to close on a manufacturer business. I have an LOI signed and SBA approval , Looking to close the gap.

Gross income: $3.2 Mil
EBITDA: $1.2 Mil

Purchase Price: $7. Mil
Seller financing 30%
Seller rolling back 20%
SBA For $4. Mil

I am Looking to close the gap with $750,000

I am offering 20% ownership with preferred return on distributions.

Email me: redacted

1 Like

3 Replies

232 Views

Replies

Reply by a professional
from University of Massachusetts Amherst in Boston, MA, USA

Hi Victor, we help ETA entrepreneurs secure funding for their searches. We can potentially help you out with funding. Could you fill up this form: https://form.jotform.com/ridethewave/funding-ally, and please text###-###-#### or email redacted and I can see if we can help you out.

Reply by an investor
from Northwestern University in Houston, TX, USA

Hi Victor, thank you for sharing. Question: where (general area in the US) is the business located and how is a 6x EBITDA multiple justified? Thank you!

+1 more reply.

Join the discussion