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Representing 24 yr industry executive in buying a $1.45M Manufacturing Company. Need Financing...

Ten year old Electronics manufacturer subcontractor generates $4M in revenues and $600K in SDE, and has $350K in assets. Business has a customer concentration of 85% for a 10 year long customer for which business is the sole-source supplier. Buyer to inject $250K in equity and seller to finance $200K. Buyer's assets are encumbered by a prior transaction. Buyer needs $1M in 3P financing.

Douglas Batts

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Answers (2)
Michelle Goebel
Goebel Business Services
Making Business Ownership a Reality.
Pinal County, AZ

Mr. Batts, when you say that the buyer's assets are encumbered by a prior transaction, are you saying that there is a 1st lien already? Please send detailed information regarding the funding request to mg@goebelbusinessservices.com. I'll be happy to see if there is some way I'd be able to assist you.
Best Regards,
M. Goebel, http://www.goebelbusinessservices.com
http://www.facebook.com/michelle.goebel1
http://www.linkedin.com/pub/michelle-r-goebel/36/852/895
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Oct 19, 2012
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Mr. Batts.
Can you send me your contact info by email so we can discuss in more detail how the $1 million needs to disbursed at closing? Please send it to mrmichaelbach@yahoo.com.

Thank you

Oct 19, 2012