I'm trying to buy a manufacturing business. I need $300m for the down payment. The business manufactures livestock equipment. The business was started in 1970 and the current owners purchased from the original owner in 2014. They are selling the business and the real estate. Business has estimated value of $1.4mm and Real Estate has estimated value of $1.6mm. I currently have an approval for an SBA loan for $3.0mm, which is in underwriting at the moment. The business had $2.5mm in revenue and $415m in net income in 2021. As of February 2022, the company is on target to hit $2.8mm in revenue and $525m in net income in 2022. I'm currently a CFO for a manufacturing business in KY. I've been in manufacturing for 27 years, held numerous positions such as production supervisor, materials supervisor, production superintendent, project manager, financial analyst, controller, and CFO. I have the company's financials and tax statements from 2018 through 2021. I'd prefer to have a loan but would be willing to give equity for the right partner.
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