NEED $750K IN FUNDING TO ACQUIRE AN E-COMMERCE SNACKS BRAND AT 4X SDE.
Company sells keto friendly snacks on Amazon with additional products planned to be launched soon. This is a three-year old company and many banks are not willing to loan money because it has not been in business for long enough. We have a LOI signed with this company.
Here is the summary of the deal:
Price: $750k Revenue TTM: $833k SDE TTM: $187.5k Price based on 4x of SDE TTM.
Does anyone know of a lender that might be open do doing a deal like this one?