$4.5M assisted living company in Iowa. Seeking equity investors ASAP!
March 12, 2021
by a searcher from City University of New York, City College in New York, NY, USA
$1.7m IN YEARLY REVENUE. $590,000 EBITDAR.
REVENUE HAS BEEN CONSISTANTLY TRENDING UP FOR THE PAST 3 YEARS.
3RD PARTY MANAGEMENT TEAM WILL BE STAYING ON!!
SELLER AGREES TO TAKE BACK 15% IN SELLERS FINANCE, SELLERS NOTE WILL BE ON FULL STAND-BY FOR THE LIFE OF THE FIRST POSITION NOTE.
BOTH REAL ESTATE AND OPPERATING ASSETS INCLUDED IN THE SALE.
WILL BE FINANCING THROUGH THE SBA, LOOKING TO RAISE $300,000
WE ARE PAYING 2.5X EBITDAR FOR THE OPERATING ASSET.($1,475,000)
FEEL FREE TO REACH ME AT redacted you!
from Boston University in New York, NY, USA
Do you have more detailed information that you can share on this opportunity?