Looking for an Operator for a fully prepared deal.
July 05, 2019
by a searcher in Bedford, OH 44146, USA
Hi Everyone,
I have been fortunate to land to two LOI's at the same time. Out of transparency and respect, I will be pursuing only one of the LOI's. However, our group and investors would like to complete the other deal if possible and so we are looking for a qualified and committed operator. The deal characteristics are below:
Location: Upstate NY (near the Finger lakes)
EBITDA: $750k
Price: 3.5x
Industry: Personal Care
Business Model: multi-unit franchise
Other: Recession resistant, simple business model, little to no working capital, opportunity to purchase more units or expand organically
This is a solid business and we would like to find a good operator for it. Please email me at redacted if you are interested. Please do not waste our group's time if you are not comfortable with the size, location, industry, etc. Serious searchers only.
from University of Redlands in Phoenix, AZ, USA