Visiting this facility today: Bread Factory Deal

Owner very motivated to sell (reason: retirement and his machine maintenance guy has just retired so he is a bit anxious).

What i like:

Is a close circuit ("easy to measure"). The process is fully automated except the palletized. Factory have been running for 20 years (just one shift). Perfect as an add-on acquisition.

What I don't like:

Owner expect an unreasonable price. The facility needs 200k in capex day zero.

Next week i will be diving into their internal accounting and Wednesday it is the meeting with their lawyer/advisor to negotiate deal structure. Still don't know if is a good purchase or not, i need to keep exploring.

Would you like to see how I negotiate and value the deal since the beginning? Shoot me a DM