Seeking capital.
Owner is retiring (early 50s), him and his wife will stay for 5 years to run and manage the company. The banks are willing to finance 50-60% and the seller is taking back paper with no interest that is postponed till the bank is paid back for 30-40%. We are setting the deal up for 90-95% debt and 5-10% equity. We need an investor for that 5-10% equity. Our management team previously owned 19 clinics, has the prior CFO of CIBC Insurance and has done over $2B in acquisitions combined.

industry
Healthcare
location
Toronto, ON, Canada
revenue
$960,248
ebitda
$354,028
proposed price
$1,770,141
owner financing
$708,056
target debt
$885,071
target equity
$177,014
goodwill
$1,725,141
working capital
$45,000
SBA eligibility
no
collateral
Accounts Receivable
Cashflow
Equipment
Deposits and Cash
To download teaser or contact poster, please sign in.