Looking for Commercial or Private Lenders
Looking for Lenders for the following acquisition:
Pre-LOI, experienced operator-led acquisition of Residential & Commercial Moving Company, Logistics, Final Mile & Warehouse Storage Revenues.
- Purchase price: $3.5M
- Target EBITDA: $750K+ (historical, stable)
- Seller note: $1.5M (subordinated)
-Investor equity: $250K
- Debt requested: $1.75M
- Implied leverage: ~2.3x EBITDA, sitting behind the seller note
I'd prefer a conventional/non-SBA structure given the timeline and personal guarantee considerations. Happy to send over short pitch intro to the deal.