LOI Signed: Seeking Capital Partners for CRE-Backed Manufacturing Acquisition

We’ve signed an LOI and are now exclusive on an amazing, quietly iconic founder-owned specialty manufacturing business with 30+ years of operating history. Transaction overview: $2.0M acquisition of the operating business $1.8M acquisition of owner-occupied real estate Clean, all-cash seller exit Revenue is project-based (no long-term contracts), making SBA a poor fit The business has historically generated $3–3.5M in revenue with EBITDA reaching $1.0–1.2M in strong years (2023–###-###-#### performance was softer than prior years, driven in part by customers delaying project starts while waiting for clarity on interest rates. Importantly, this appears to be timing-related rather than demand-driven, and we’re seeing signs that deferred projects are beginning to move forward as rate expectations stabilize. We are pursuing a CRE-first capital structure, supplemented by selective non-SBA debt, and are seeking a small group of aligned capital partners###-###-#### to participate via non-voting preferred equity. Target investor economics are 25% of total equity, with flexibility up to 35% depending on structure. Focus is on downside protection, operator control, and value creation through professionalization and growth. Happy to connect with investors, lenders, or others who have experience with sub-$5M non-SBA transactions. Please DM if interested.