Seeking Investors for Building Maintenance Services Company

searcher profile

June 07, 2019

by a searcher from Arizona State University in 7373 E Doubletree Ranch Rd #200, Scottsdale, AZ 85258, USA

Pressure washing, parking lot sweeping, and building engineer staffing for commercial buildings in the Phoenix Metro area.  

Deal Summary
-$550k EBITDA, $2.65MM Revenue, and $1.7MM Purchase Price
-Revenue growth rate of 31% in 2016, 35% in 2017, and 14% in 2018
-Strong middle management team stays on with the company
-Current owner is absentee and lives in Hawaii

I’ve submitted the deal to an SBA lender and they want a larger down payment than I can personally provide. I’m seeking investors to contribute $50k-$200k per group to raise a total of $600k-$900k for the acquisition.  I will be personally guaranteeing the loan and investing in the deal as well.

Email me at redacted if interested in learning more.

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commentor profile
Reply by an investor
from University of California, Berkeley in Moorestown, NJ 08057, USA
You should talk to ^redacted‌ at Live Oak, someone at Radius (don't know anyone there myself) and ^redacted‌ at CIBC.
commentor profile
Reply by an investor
from Western Washington University in Key West, FL 33040, USA
Do you really need 35-50% equity? Seems high for a business like that at that multiple. Maybe you should talk to some more SBA lenders? Happy to make some suggestions.
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