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We are seeking an equity investor in the acquistion of a niche furniture manufacturer. We are the furniture manufacturers largest account (we don't represent more than 10%) of their annual sales. We sell via catalog and internet. The combined companies would have sales in excess of $ 2 million and a net of 5% -10% after debt repayment depending on the equity injection amount. The seller is retiring and has offered seller financing with favorable terms. We do want to completely leverage the deal so we are looking for an equity investment of $ 250,000 - $ 350,000.

The niche market is very fragmented and our long terms plans is to consolidate the few "major" players in the industry and build an $10 million company.

The manufacturer has been in existence for seven years - as well as us. The acquistion includes a building, equipment, inventory, and two showrooms.

We do have a business plan and financial projections.