60 year old business.
I’ve owned it for 3 years.
Need funding to bridge biz into reorganized employee ownership, so that the employees can 'buy me out'.
Hard Assets ($20K), All AR ($400K), all contracts for projects not started ($2.5M) and all intangibles like the brand name and such stay with the business!
Why you should invest in this one:
Financing $150K against nearly $3M in value is a no-brainer. There would be no other debts against the biz, this would be the one and only note.
And, an individual or a group would be able to make a decent return while knowing you gave a company back to the hard working folks who run it every day!
Lastly, this transaction would allow for increased profits and opportunty for growth by increasing EBITDA approximately 25% after the transition period of 6 months.
This is a small but mighty Acoustics and AV design firm with national reach.
Over the last 5 years:
$1.2M-$1.5M revenue (variabilty year to year is mostly due to project timing and/or variable margins in different industry segments, team is always 100% utilized)
$300k-$400K EBITDA
For general biz info, please visit: www.AvantAcoustics.com
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