Seeking capital.
The owners are looking to retire. The company has been profitable every year since its inception over a decade ago, including the downturn in###-###-#### The company has an FF&E of $2mm of which I already have a term sheet on asset-based lending for 1.25mm. Looking to raise 550k from equity investors and am willing to provide independent sponsor-style economics (investors own majority equity and control as LPs with the sponsor getting 15%-20% carried interest as a GP). The current structure offers an IRR of over 100% assuming an exit at the same multiple and continuation of the same EBITDA. Also open to other deal structures. Best way to get in contact is to email me: --@----.com
industry
Oil and Gas
location
North Dakota, USA
revenue
$2,500,000
ebitda
$1,000,000
proposed price
$2,000,000
owner financing
$200,000
target debt
$1,250,000
target equity
$550,000
working capital
$300,000
equipment
$2,000,000
SBA eligibility
yes
collateral
Accounts Receivable
Cashflow
Equipment
To download teaser or contact poster, please sign in.