Smaller deal – ready to go...Luxury Cabinet Designer/Installer

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by a searcher
in Chicago, IL, USA

11mos ago

Smaller deal – ready to go...Luxury Cabinet Designer/Installer

I have a deal in the Chicago metro market (I'm a Searcher, not a broker) that I've decided to pass on as the majority stakeholder, but curious if there is a self-funded Searcher in the vicinity who may be interested in partnering. I've negotiated one hell of a deal with immediate upside, but due to family health reasons, I've decided to go W2 instead. I would act as COO, minority shareholder, and advisor (and would make a pro rata capital contribution). I'm 90% done with DD, this one is tee'd up. Serious interest only, please post a way to contact you if you'd like to have a chat. Luxury Cabinet Designer/Installer • Negotiated Price – $650k ($300k down, $350k @ 3.5% APR for 3yrs) • 50+ years old, great reputation • Great systems/processes, though poorly documented • 2024: Gross – $3.2m / ANI – $400k • 2023 Gross – $3.7m / ANI – $460k • 2022 Gross – $3.6m / ANI – $500k • 2021: Gross – $3.5m / ANI – $400k

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reply by an admin 11mos ago
from Massachusetts Institute of Technology in Portland, OR, USA

Please repost this using the DEAL function and I can tag it for you. ^redacted might also be able to help this deal find the right person in the meantime.