Searcher introduction in Fort Lauderdale, Florida
January 30, 2026
by a searcher in Fort Lauderdale, FL, USA
Just to introduce my team and I, we are a group of 4 young men (21/22 years old) who started a holding company by the name of Sable Rock Acquisitions. We started our journey a couple of months ago in which we were figuring out each other roles, how we are going to go about things, and what our plan should be.
Currently, we are looking at deals, sent out multiple NDAs, and received some CIMs as well.
Our problem comes here and in which we need some advice and help.
Our deal parameters currently are that we are looking for businesses doing $1.0-1.5M in revenue, $700-$1M asking price, and a minimum of $250k SDE. We are going to use an SBA 7(a) loan and are all going to personal guarantee (PG) the loan. The structure we want for deals is 75% SBA loan, 15% seller note, 5% seller note (full standby), and 5% equity injection from us.
Together, we make about $250k in W-2 wages and also have a savings plan where we all are putting about $20k in a business account by March 31st. As it stands today, we have about $40k in the business account so we are halfway there. We also plan on having about $10k each in post-close liquidity. Since we are still living with our parents, the biggest expense, rent, is something we don't have to account for and our expenses our pretty low. This means that our debt-to-income ratio will be lower and we should qualify for a decent price business.
For experience, we have 1 guy who became a firefighter and has been doing that for the past year. Another guy who has been in management positions for the past 4 years (supervisor, manager). Lastly, the other 2 guys who are bartenders and trains other bartenders as well.
For our credit profiles, we have 2 guys over 750 and the other 2 are below 700. The 2 below 700, their credit scores recently dropped because of unpaid school expenses/city ticket and unpaid expenses after moving out of an apartment. They both took care of those and received a document saying these will be taken off their credit.
I know the odds are against us because we are younger and are going to go through more scrutiny but we are solely focused on how we are going to acquire a business, not the fact that we might not be able to get one.
If anyone out there has acquired a business using an SBA loan or has any experience in SMBs and the specific route we are trying to take, please drop something below. We'll take any advice you have to offer.
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