I'm just about to close my first acquisition, but I've come up short by 45.1k.
The purchase price is $1.77m (5x EBITDA).
We have 60% bank finance and 30% as a postponed payment to the seller.
The bank is requiring I do a 10% cash downpayment of $177k. So far I have $131,900 and I'm looking for someone to invest $45.1k alongside me to complete this acquisition.
This is an acquisition for a physiotherapy and chiropractic clinic in Canada. If you would be interested in further details, please call me or email --@----.com
I'm looking for a short-term cash investor (45k)
by a searcher
More on Searchfunder
Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.
the guy that I spoke with earlier passed on the deal.
I’ll keep checking from my other sources