Micro Acquisition with Good Economics
Hi All,
I'm close to being under LOI for an opportunity in the franchise space (single location, low purchase price, operates autonomously, with a visible path forward to growing the portfolio) at an attractive entry multiple.
Seeking lenders (or even any equity/equity gap capital providers if there's an interest) who are able to lend on this.
(If you saw my last post no, I do *not* need any operating partner for this particular opportunity. )
The anonymous "stats" for the business are as follows (more info can be provided privately):
Revenue ~$550k
EBITDA $106k
Asking Price $250k
This location is close to where I live so I'd be on site frequently while providing management.