*Turnaround* Small business generating $1M ARR seeking investors

We are in discussions with a distressed small business that is seeking working capital and management support to pivot out of a distressed situation and chart a path towards profitability. The business currently generates $1.2M ARR but is not profitable. The business can probably generate $3M ARR with a working capital investment and the right management team. The business provides metal finishing like plating and coating to military and aerospace industries, and also has a paint shop. About 90% of their business is defense work which suits the business well as it is located in an area of the United States that is highly concentrated with recurring defense work and major defense customers located there. The business is about to achieve NADCAP accreditation which, according to management, will unlock many new opportunities and enable the business to grow upwards to $3M ARR. The business needs about $250k to $500k in working capital in exchange for majority control. Interested parties please contact us at redacted