CanPro

Hello, I am looking for a JV partner or loan. I have a off market deal for a Canadian construction company.
 -Average Ebitda over last 3 years 600k 
-Currently expanding with last year's Ebitda 800k
 -over 10 years in business -1.35 mill in assets 
-Purchase price 3 mill
 -2 mill seller financed over 5 years 
-current management in place and will stay on 
-Owner willing to stay on for 2/3 years to help transfer and have payments tied to performance 

The reason for selling is that the owner want to put money into his other business. The other business is a supplier of Canpro and with this money will be able to become campro's main supplier dropping supply costs. My plan is to grow and expand Canpro to other markets with the help of the current owner and management. The owner started Canpro 20 years ago and grew it to the largest company of its kind in Canada. This makes him one of the most qualified if not the most qualified person in this industry in Canada. He has been very accommodating to work with and is dedicated to the continual growth of Canpro going forward as a supplier. The current management is experienced and has proven competence  by providing health returns with little over site over the past  years. 

Canpro dominates the market in the cities it currently operates in, occupying a large market share. It does this with little marketing getting a strong flow of business through organic google leads. It also accomplishes over a 90% close rate on the jobs it bids for as Canpro can offer a significant price advantage and high quality  to it's costumers.