Description
Established in 2018, the business is in the trade of design, fabricating & distributing very niche & unique products for the engineering, oil&gas, fabrication, chemicals, construction & manufacturing industries with an average GP margin of 40-50%.
Presently growing at 25% YoY, EBITDA of 30%, the owner is looking for 1 or 2 well connected Angel Investors (individuals or companies) for a debit + equity deal over a 6-8 year horizon. (Debit & Equity) : Investment will be paid back with interest over a 6-8 year period and the Equity portion will be retained at a 1x preference for a later liquidity event such as M&A.
Looking for around 400K-500K mainly for stock, easing cash flow, money in the bank & clearing the present bank debit liabilities (regular monthly interest outflow can be paid to the investor instead), and so the owner can focus purely on business development instead of cash flow management.
Owner intends to manage and run the business and not looking to sell until target or peak is achieved.