Hello I have already connected with 1 Lawyer on here just want to get 2-3 connections and get a feel for costs, scope of work and timeframes.
I am looking to purchase a business in the $1-2 EBITDA range $3-6M EV
I will get a seller note, bring on investors, get a SBA loan of about 30-50% of the EV then raise equity for the rest with accredited investors.
Just wondering what type of costs people are seeing for this?
And also any recommendations?
Thank you.
lawyer. recommendations for PPM and Operating Agreement and Contract

by a searcher from University of Utah
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A true PPM usually starts around $25K. You can get discounted, more boilerplate versions of this, but because the obligations on you as the GP are significant, you probably want to pay the price if only to understand the many, many things you could be sued for.