Seeking capital.
We have an offer accepted on this business. Have the manager of 15 years as the majority shareholder who is willing to sign a PG and have 10% equity. We can do SBA but due to the planned equity split would prefer to explore other non-SBA options. As the property valuation is around $600,000 and a PG would like to keep equity at 50 % for a major shareholder who is day-to-day and signing a PG. 25 % for Equity partner and 25% for the remaining two partners.
industry
Food
location
Pennsylvania, USA
revenue
$1,670,000
ebitda
$207,000
proposed price
$1,025,000
target debt
$900,000
target equity
$100,000
goodwill
$400,000
real estate
$600,000
SBA eligibility
yes
collateral
Real Estate
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