LOOKING TO RAISE $40K FOR 2.5% EQUITY STAKE

I am raising $40k for 2.5% equity stake on a $4M EV acquisition (prop deal).

$4M EV Capital Structure $1.5M Seller note $0.4M Seller Equity Roll $1.7M Debt $0.4M Equity infusion

I plan on returning $20k back to the investor in year one and the remaining $20k of original investment in year two. At that point, open for discussion on full buy-out of 2.5% equity stake or continue to keep the 2.5% equity stake going forward.

Acquisition target 27 y/o Municipal water well driller, installer, and servicer located on the gulf coast of FL.

• 2020 Revenue $3.85M, 2019 Revenue $4.54M, 2018 Revenue $3.65M • 2020 Net Income $1.46M, 2019 Net Income $1.21M, 2018 Net Income $0.87M

Owner and Brother staying on with 5% equity roll each with a graduated vesting period over 5 years (ie. year one 0.5%, year two 0.75%, year three 1%, year four 1.25%, and year five 1.5%)

Hard assets on B/S: $3.4M in Equipment & Vehicles (debt free).


Happy to chat further, feel free to DM or email [redacted]



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