Looking For Debt Financing Options For Acquisition Under LOI
June 04, 2021
by a searcher from Bryant University in Miami, FL, USA
Consistently profitable and growing restaurant franchisor with 30+ opened franchise units in 20 states and no corporate stores (100% Franchised). They also have another 40+ signed FDD and already paid franchise fees for opening new franchise units in the pipeline. With Covid###-###-#### they did see small reduction in revenue and EBITDA but overall very strong during pandemic.
Historical Revenue $1m+
Historical EBITDA Over $500K
Under LOI for $1.5m
We are looking for debt financing options that don't require a PG.
from New York University in Nashville, TN, USA