I have found a business to buy outside my geography and am seeking a CEO who can operate.
CEO must be able to and ok with putting up a personal guarantee, some amount of investment and be currently living in or willing to move to the Detroit area. Self-funded searcher-type economics available. I will put the deal together, invest, bring the majority of equity and be an advisor.
Business is distributor of climate control solutions - primarily representing one brand.
'2022 Revenue = $4.2M
2022 EBITDA = $1.2M
50% of revenue is represented by replacement parts.
Purchase price ~ $4M - $4.5M with meaningful forgivable seller note.
Please drop me your contact info in the "response" section if interested.
Seeking CEO to Operate/Grow Acquisiton - Michigan - Equity
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