Business Acquisition like a Real Estate Investor

[Tony Whitaker]

Recently, a business was shown to me from a family member. It is a manufacturing company that builds equipment for oil field trucking. 2018, is supposed to be a big year for hauling companies in my area. Currently waiting for the numbers to come in from the broker but I already know I can't personally fund the deal. Seller financing is offered with a significant down payment, and approved credit. Below are some of the basic numbers. Company has done 5.5M-6.M average over the past 6 years but has had some issues (easy fix).

Listing Price: $2.7M

Gross Income: $3.5M

Cash Flow: $615K

Real Estate: $2M (Not Included in Asking Price)

What do you guys think? Is it possible to do this deal like a real estate deal? I know how it works normally with M&A but curious what you all thought?