Small Profitable Managed IT Service Provider with Growth Potential

Small but profitable MSP with 5x valuation potential in 3 years using self-generated working capital. A traditional managed IT service provider for clients in the 50 to 100-employee range. All clients are under managed IT contracts. No client concentration. 64% of revenue is recurring. Offer price $2.5m. $500 from buyer (me). $1m Owner financed with retained equity. I am seeking the other $1m from two equity investors. Growth will come from customer expansion outside of the current two-hour radios. Current growth is through customer referrals. Increased marketing and technology will be employed to facilitate 5X valuation in 3 years.