Seeking Lender - Bread/Baked Goods Distribution Route (New York/NYC)

by a searcher from Howard University - School of Business

11 months ago

I am seeking a lender for ~ 250k in financing. The route is located in New York State and revenues > $1M with 10% EBITDA margins. The seller is looking to divest and lessen daily responsibilities, and currently owns 7 routes.
Purchase price: $255k
*Will be assuming a seller note of 96k, 0% interest, amortizing over 8 years
Thank you.

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