Coastal Air Systems Marine LLC is a premium marine maintenance and service company in Palm Beach Gardens, Florida. Acquired by Lauren Chervinski in August 2024 for $249,000, it has been transformed into a high-performing, digitally dominant service business generating $748,025 in revenue and $425,304 in net income in its first full operating year — a 2x return on invested capital inside 18 months of ownership.
The story in plain terms: Lauren acquired a local marine service business, applied airline-level quality standards and digital marketing discipline, built the #1 Google ranking in her service area, and generated 35 five-star reviews. The business now runs at $425K+ net income on less than $30K in overhead — a remarkably clean operating model with a clear, identified buyer in the lead technician who has expressed interest in acquiring it.
Lauren is not selling because the business is broken. She is selling because Phase 2 is bigger. The $325K in estimated net proceeds — deployed through SBA leverage — can fund a $3–4M acquisition. That is the real play. Emanay Advisors will run both sides of this transaction: sell CASM at maximum value, then immediately activate the buy-side mandate to redeploy the capital.
Emanay's mandate: Package CASM for a bankable, SBA-financeable exit at ~$400K. Identify and close the right buyer. Then immediately redeploy Lauren's net proceeds into a larger acquisition — turning one successful E2 business into a platform.
Lauren Chervinski is an entrepreneur, digital marketer, and Emanay originations partner who went through the E2 visa process herself — navigating 12 months of fragmented advisors, attorneys, and accountants with no integrated support. She then built a successful marine service company from the ground up and is now ready to sell it and scale up. Her story is the proof of concept for everything Emanay does.
Coastal Air Systems Marine LLC — The Business
Marine Service & Maintenance · Palm Beach Gardens, FL
- Premium yacht maintenance, repair & service — mobile model
- Operating since August 2024 under Lauren & Jeremy Arnal
- 2025 revenue: $748,025 | Net income: $425,304
- #1 Google ranking in service area | 35 five-star reviews
- Lean team: lead tech (buyer candidate), 1 additional tech, 1 admin
- Asset base: 2020 & 2023 Ford Transit 250 vans (owned)
- Holding company: Twin Sails LLC (Wyoming)
- FL entity: Coastal Air Systems Marine LLC | EIN 99-4648189
What Lauren Has Built — The Value Creation Story
Acquired at $249K. Operating at $425K Net Income.
- Acquired assets from Coastal Air Systems Headquarters LLC for $249,000
- Applied digital marketing + SEO — achieved #1 Google position within months
- Built 35 five-star reviews — exceptional trust signal in a referral-driven market
- Applied airline-level quality standards to marine service — differentiated positioning
- 62% gross margin — materials-driven COGS with lean overhead ($28K/year)
- Revenue grew from $0 (acquisition) to $748K in first full year of operation
- Business SDE: ~$425K — materially higher than $210K SDE at acquisition
- Net proceeds after payoff of lines of credit: estimated ~$325K
The Identified Buyer
Lead Technician — Existing Team Member
- Lead tech has previously expressed interest in buying the business
- Deep operational knowledge — no transition risk for customers
- SBA 7(a) financing is the primary funding mechanism for this buyer profile
- Lauren's quality concern: proposing 10% equity retention + minority oversight rights
- Operating agreement will be structured to protect brand reputation post-close
- Parallel process will run alongside to establish market price and competitive tension
- Strategic roll-up angle: CASM could fold into Emanay's home services vertical
- Possible Sammy partnership for a full yacht cleaning + service vertical
What Lauren Is Looking For
Seller Objectives & Parameters
- Seller: Lauren Chervinski / Twin Sails LLC / CASM LLC
- Target price: ~$400,000 (primary: lead-tech buyer)
- Net proceeds target: ~$325K after line-of-credit payoff
- Equity retention: 10% interest retained via operating agreement
- Timeline: Motivated — close by October 31, 2026
- Non-negotiable: quality oversight rights as minority shareholder
- Seller financing: open, if it improves DSCR and maximises price
- Phase II: immediate buy-side mandate for $3–4M acquisition
Emanay Assessment: This is a clean, high-margin service business with a #1 digital presence, a documented buyer, and a straightforward SBA path. The suppressed balance sheet (credit card liabilities, undeposited funds reconciliation) has a clear fix at the presentation level. Once packaged correctly with a QOE recast and SBA pre-approval in hand, this deal closes quickly at or above the $400K target.
This engagement covers the full sell-side lifecycle for Coastal Air Systems Marine LLC — from financial clean-up and deal packaging through buyer outreach, SBA coordination, deal structuring, and closing. Immediately upon close, the buy-side mandate activates to deploy net proceeds into a $3–4M acquisition.
QOE & Financial Readiness
Quality of Earnings analysis, SDE recast, balance sheet clean-up (undeposited funds reconciliation, credit card liability normalization), and a management reporting package that stands up to SBA lender scrutiny.
SBA Pre-Approval Package
DSCR modelling to demonstrate SBA 7(a) serviceability at the target price. Target DSCR: 1.35–1.37x (minimum 1.25x). Seller financing structuring as a lever to improve debt coverage. Lender pre-qualification coordinated before marketing.
Business Positioning & Valuation
Formal valuation range using SDE multiples, comparable marine service transactions, and SBA comparables. Price support narrative that defends the $375–425K target. Scenario analysis across conservative, base case, and strategic buyer.
CIM & Data Room
Full Confidential Information Memorandum, blind teaser, and secure virtual data room. Lauren's existing Google Drive data room (already partially populated) is the foundation. All corporate docs, financials, and vehicle records are in-hand.
Buyer Identification & Outreach
Primary process with the identified lead-tech buyer. Parallel controlled outreach to strategic buyers in marine services and home services verticals. NDA execution, CIM distribution, and process management throughout.
Negotiation & Close
LOI negotiation including price, seller note, equity retention terms, and post-close operating agreement rights. Confirmatory diligence management. APA coordination with Emanay Law Group. SBA lender closing coordination.
Coastal Air Systems Marine generated $748,025 in revenue and $425,304 in net income for the full year ended December 31, 2025 — its first full year of operation under Lauren's ownership. These are management-prepared financials from QuickBooks. The Emanay QOE will formalize, normalize, and defend these numbers for buyer and lender scrutiny.
| Line Item | Sept–Dec 2024 | Full Year 2025 | Notes |
|---|---|---|---|
| Revenue | $140,464 | $748,025 | Services + parts (marine maintenance) |
| Cost of Goods Sold | $43,128 | $282,483 | Parts & supplies ($279K), freight ($3K) |
| Gross Profit | $97,336 | $465,542 | 62.2% gross margin in 2025 |
| Operating Expenses | $5,158 | $28,394 | Lean overhead — fuel, subs, meals, insurance |
| Net Operating Income | $92,178 | $437,147 | |
| Other Expenses (below line) | $459 | $11,843 | Jobber fees $3.8K, loan fees $7.6K, CC processing $432 |
| Net Income (SDE proxy) | $91,719 | $425,304 | Full-year 2025 — basis for valuation |
| Item | Amount | Note |
|---|---|---|
| Cash (bank accounts) | $176,853 | Operating account |
| Accounts Receivable | $67,085 | Outstanding invoices |
| Undeposited Funds | $653,999 | QB workflow item — requires reconciliation |
| Total Assets | $897,938 | |
| Credit Card Liabilities | $288,273 | Key paydown item before packaging |
| FL Revenue Payable | $50,054 | Sales tax payable |
| Outstanding Loan | $41,514 | Line of credit |
| Total Equity | $513,703 |
Balance Sheet Clean-Up
- Reconcile $653,999 "Undeposited Funds" — likely QuickBooks workflow clearing account, not real cash liability
- Address $288,273 credit card balances — partial paydown or normalization in deal structure
- Confirm $50,054 FL Dept. of Revenue payable is current and accurate
- Reclassify loan fees ($7,562) and processor fees as below-the-line — not operating
Data Room Status
- ✓ Articles of Incorporation, EIN, Cert. of Status
- ✓ Operating Agreement (FL LLC)
- ✓ P&L 2024 (Sept–Dec) + Full Year 2025
- ✓ Balance Sheets 2024 & 2025
- ✓ Original APA, Closing Statement, Vehicle Bills of Sale
- ✓ Resale Certificate, Reemployment Tax #
- ○ QuickBooks transaction export — pending
- ○ E2 visa documentation — pending
- ○ Supplier contracts — pending
Based on the 2025 SDE of $425,304 and comparable transactions in the marine and home-services sector, the following preliminary valuation framework applies. A formal valuation will be issued following QOE completion.
| Scenario | SDE Multiple | Indicated Value | Conditions |
|---|---|---|---|
| Conservative | 0.80x – 0.90x | $340K – $383K | No SBA pre-approval; limited buyer competition |
| Base Case (target) | 0.90x – 1.00x | $383K – $425K | SBA pre-approval in hand; lead-tech buyer with controlled process |
| Upside | 1.00x – 1.20x | $425K – $510K | Strategic/roll-up buyer; competitive auction |
| Working target | ~0.94x | ~$400,000 | Lead-tech buyer, SBA-financed, seller note component |
SBA as a price lever: A buyer using SBA 7(a) financing can offer a higher purchase price with greater certainty than a cash buyer — because SBA removes the equity constraint. The key gating factor is Debt Service Coverage Ratio (DSCR). At $400K purchase price, the business must service its debt at >1.25x DSCR. At $425,304 SDE, a $400K deal with a standard SBA structure is well within coverage — providing room for a seller note component that can push the effective price higher while keeping the buyer's SBA draw lower.
SDE Adjustments (QOE)
- Base SDE (2025 net income): $425,304
- Add-back: loan fees $7,562 (non-recurring)
- Add-back: CC processing fees $432 (below-line)
- Review: owner compensation / Jeremy draw
- Review: vehicle depreciation vs. replacement cost
- Adjusted SDE: ~$433K+ (est.)
Deal Structure (proposed)
- Purchase price: ~$400,000
- Buyer SBA loan: ~$350,000–360,000
- Seller note: ~$40,000–50,000 (5–7 yr term)
- Lauren equity retained: 10% (operating agreement)
- Minority oversight rights: quality & brand protection
- Working capital peg: to be negotiated at LOI
Lauren's Net Proceeds (est.)
- Gross sale price: ~$400,000
- Less: outstanding LOC payoff (~$42K)
- Less: CC paydown (negotiated — partial)
- Less: Emanay success fee (~$20,000)
- Less: legal & closing costs (~$5–8K)
- Estimated net to Lauren: ~$300–325K
SBA pre-approval is not a formality — it is the single most powerful tool available to maximise the price and certainty of this transaction. A buyer who walks in with SBA pre-approval in hand controls the process. A deal without it is dependent on buyer equity, which in this price range severely limits the buyer universe.
Why SBA Pre-Approval Changes the Deal
- Expands buyer universe to include individuals with $40–60K equity injection (not $400K cash)
- Lender commitment in hand = buyer walks into LOI negotiation with certainty
- Removes financing contingency risk — close dates become real, not aspirational
- Creates seller leverage: "pre-approved deal" vs. "let's see if they can get financing"
- Can increase effective sale price by 10–15% vs. a cash-only process
DSCR Requirements & Target
- SBA 7(a) minimum DSCR: 1.25x
- Emanay target DSCR: 1.35–1.37x (lender-comfortable zone)
- At $400K price / $360K SBA loan: annual debt service ~$55–60K
- $425K SDE / $60K debt service = 7.0x — well above threshold
- Seller note can be subordinated to reduce SBA exposure and improve coverage
- New SBA limit: $10M — CASM is well within standard 7(a) parameters
Emanay will coordinate SBA lender pre-qualification before CASM goes to market. A pre-approval commitment letter in the data room signals to buyers that the deal is bankable — before they spend a dollar on diligence. This is how small-business acquisitions close at maximum value, on schedule.
The ideal buyer for Coastal Air Systems Marine is an operator — someone who can run the service side, maintain the quality standard, and grow the business. The identified lead tech is the primary target. A controlled parallel process provides competitive tension and market price validation.
| Buyer Type | Profile | Likelihood | Structure |
|---|---|---|---|
| Lead Technician | Existing team member; previously expressed interest; deep operational knowledge; SBA-eligible | ★★★ Primary | SBA 7(a) + seller note; Lauren retains 10% |
| Individual Operator | Marine industry experience; $40–80K equity; SBA borrower profile; South Florida market | ★★ Secondary | SBA 7(a); competitive process alongside primary |
| Strategic — Marine Co. | Regional marine service company seeking geographic expansion; acquires client list + brand | ★★ Strategic | Cash or cash + note; higher multiple possible |
| Emanay Home Services Roll-up | Integration into Tati / Sammy / Jack home services platform for a full yacht vertical | ★ Opportunistic | Internal transaction; equity structure TBD |
| E2 Visa Buyer | Canadian national with $250K+ capital seeking active U.S. business for E2 visa qualification | ★ E2 Program | Direct E2 client acquisition; Lauren as case study |
The E2 buyer angle is uniquely powerful. Lauren's story — acquired CASM for $249K, built it to $425K net income, now selling it to upgrade — is the exact "Phase 2" case study that Emanay uses to attract new E2 clients. If the lead-tech deal doesn't close on terms, a qualified E2 buyer through the Emanay network is a natural second path — and it turns Lauren's exit into a marketing asset simultaneously.
Emanay runs a structured, milestone-gated process — not an open listing. Every stage is managed. Every buyer is qualified. Every communication is controlled. From data room build to closing wire, Lauren is never alone in the process.
- Lauren completes data room (QB export, E2 docs, contracts)
- QOE and SDE recast performed by Emanay accounting
- Balance sheet reconciliation (undeposited funds, CC liabilities)
- DSCR model built; SBA lender outreach initiated
- CIM drafted in parallel
- SBA pre-approval commitment letter secured
- CIM approved by Lauren; VDR live
- Lead-tech buyer process formalised; NDA executed
- Parallel buyer outreach under NDA
- Lauren shadows Aaron's RV park deal as buy-side prep
- IOIs received and evaluated
- LOI negotiated: price, seller note, equity retention, DSCR
- Exclusivity executed; SBA lender commitment letter
- Confirmatory diligence managed by Emanay
- Emanay Law Group drafts APA
- APA executed; SBA closing coordinated
- Proceeds wired; 10% equity transferred via operating agreement
- Buy-side mandate immediately activated
- Lauren's exit documented as "Phase 2" case study
- Target close: on or before October 31, 2026
The sale of CASM is not the end of Lauren's story. It is the beginning of a larger one. With ~$300–325K in net proceeds and access to the new $10M SBA loan ceiling, Lauren has the capital stack to acquire a $3–4M business — a step-change in scale that could not be achieved by operating CASM alone.
| Buy-Side Parameter | Detail |
|---|---|
| Equity available for injection | ~$300–325K (estimated net CASM proceeds) |
| SBA leverage (10% equity) | $3.0M – $3.5M acquisition capacity |
| SBA leverage (15% equity) | $2.0M – $2.2M acquisition capacity (conservative) |
| Primary income goal | Jeremy Arnal income: $130K/yr → $200K+/yr target |
| Priority sector — Aviation | Lakeland airport + flight school; $1M asking price; sellers open to partnership; Jeremy's aircraft mechanic background = direct operator fit |
| Other sectors in scope | Marine-adjacent services, roofing (stable/high quality), RV parks (Emanay flywheel model), home services |
| E2 continuity | New acquisition maintains E2 visa investment requirement; Emanay manages immigration coordination |
| Buy-side fee structure | Governed by separate buy-side engagement letter; activated immediately upon CASM close |
The aviation opportunity is worth evaluating immediately. The Lakeland airport and flight school is priced at $1M — within range as a standalone deal even before CASM closes. Jeremy's aircraft mechanic background is a direct operational fit. Sellers are open to remaining as partners. Emanay will model the capital stack and evaluate this as a parallel track.
Lauren's story is not just context — it is the most powerful marketing asset Emanay has. She went through the E2 process the hard way, without integrated support. Now she is executing a structured, Emanay-managed "Phase 2" exit that turns one successful E2 business into the capital base for a larger one. That story attracts the next wave of clients.
- ✗ Immigration lawyer — visa only, no business context
- ✗ Business attorney — legal only, no financial advisory
- ✗ Accountant — tax only, no deal structuring
- ✗ Business broker — acquisition only, no post-close support
- ✗ No one coordinating across all disciplines simultaneously
- ✗ No sell-side exit planning from day one of acquisition
- ✗ No buy-side roadmap for Phase II
- ✓ M&A advisory — sell-side and buy-side, same team
- ✓ Legal — Emanay Law Group runs NDA, LOI, APA
- ✓ Accounting — QOE, SDE recast, SBA financial package
- ✓ Capital markets — SBA pre-approval coordination
- ✓ E2 continuity — new acquisition maintains visa status
- ✓ Buyer sourcing — E2 network as parallel buyer channel
- ✓ Phase II buy-side mandate activated at close — no gap
Lauren's E2 journey becomes content. As part of this engagement, Emanay will document Lauren's "Phase 2" story — from her original 12-month, fragmented E2 experience to a structured, integrated exit that funds a $3–4M acquisition. This case study will be used across Emanay's marketing channels, Lauren's community relaunch, and the new Emanay E2 associate program. Lauren's deal is not just a transaction. It is proof that the model works.
Emanay's fee structure is transparent and itemised by service. Every professional engaged in this transaction operates under a defined fee — no surprises, no bundled estimates. The engagement fee and professional costs are due upfront; the broker success fee is payable at closing from transaction proceeds.
| Service | Provider | Fee | Timing |
|---|---|---|---|
| Engagement & Advisory | |||
| Engagement Fee | Emanay Advisors | $3,500 | Due on execution |
| Emanay Accounting | |||
| Quality of Earnings (QOE) | Emanay Accounting | $25,000 | Due on engagement |
| Ongoing Accounting During Transaction | Emanay Accounting | $1,125 / mo | Monthly during transaction |
| ELG — Legal | |||
| Attorney Fees | Emanay Legal Group | $1,000 / hr | Billed as incurred |
| Emanay Capital — Financing | |||
| Financing Fee | Emanay Capital | 2.5% of loan | At funding / close |
| Broker Success Fee | |||
| Deals Under $1M | Emanay Advisors | 10% of GTV | Payable at close from proceeds |
| Deals $1M+ (Lehman Formula) | Emanay Advisors | Deal-by-deal basis | Payable at close from proceeds |
| Fee Item | Conservative $375,000 |
Target $400,000 |
Upside $425,000 |
|---|---|---|---|
| Gross Sale Price | $375,000 | $400,000 | $425,000 |
| —Engagement Fee (QOE & Deal Packaging) Paid upfront on execution — not deducted at close |
($25,000) | ($25,000) | ($25,000) |
| —Success Fee (5.0% of gross sale price) Paid from proceeds at close |
($18,750) | ($20,000) | ($21,250) |
| —Financing Fee (2.5% of aggregate consideration) Emanay Capital — paid at close |
($9,375) | ($10,000) | ($10,625) |
| —Attorney Fee ($500/hr · est. 10–20 hrs) Range shown — actual hours billed |
($5,000–$10,000) | ($5,000–$10,000) | ($5,000–$10,000) |
| —LOC Payoff (estimated) ~$41,514 per Dec 2025 balance sheet |
($41,514) | ($41,514) | ($41,514) |
| Net Proceeds to Lauren | |||
| Net to Seller — Low (10 hrs attorney) After all fees, LOC payoff, and engagement fee |
$275,361 | $298,486 | $321,611 |
| Net to Seller — High (20 hrs attorney) Conservative estimate — 20 attorney hours |
$270,361 | $293,486 | $316,611 |
- —QOE, SDE recast, CIM, and data room management are separate professional fees itemised above
- —SBA pre-approval coordination is included in the engagement scope
- —Broker success fee is payable at closing from transaction proceeds — not due before close
- —Buy-side mandate fees governed by a separate buy-side engagement letter executed at CASM close
- —All fees are defined in the executed engagement letter; this proposal is illustrative
Lauren originated this mandate through her role as an Emanay Associate. Under Schedule “B” of her Consulting Agreement (January 26, 2026), she is entitled to a percentage of Emanay’s Net Company Fees on this deal — in addition to her net sale proceeds. It’s her deal. She gets paid twice.
How the math works: Emanay’s fees on this deal are the engagement fee ($25,000) + success fee ($20,000) = $45,000 gross. Less ~$2,000 in engagement expenses = approximately $43,000 in Net Company Fees. The financing fee ($10,000) flows to Emanay Capital and is excluded from the Schedule B calculation. Lauren’s associate commission is applied to that $43,000 base.
| Attribution Scenario | Orig. | Facil. | Closing | Schedule B % | Lauren Earns |
|---|---|---|---|---|---|
| Originates + introduces buyer + assists closing docs | ✓ | ✓ | ✓ | 50% | $21,500 |
| Originates + introduces buyer (Emanay handles closing) ← MOST LIKELY | ✓ | ✓ | — | 45% | $19,350 |
| Originates + assists closing (Emanay finds/qualifies buyer) | ✓ | — | ✓ | 40% | $17,200 |
| Origination only — Lauren refers, Emanay does everything else | ✓ | — | — | 30% | $12,900 |
The associate commission is paid out of Emanay’s fees — it does not reduce Lauren’s net sale proceeds. These are two separate, additive payments. Lauren’s minimum on this deal (origination only) is $12,900. Her most likely outcome, given she knows the buyer directly, is $19,350.
| Contribution Level | Orig. | Facil. | Closing | % of Net Co. Fees | Current Status |
|---|---|---|---|---|---|
| Origination + Facilitation + Closing Services | ✓ | ✓ | ✓ | 50% | Not achieved |
| Origination + Facilitation (no closing services) | ✓ | ✓ | — | 45% | Not achieved |
| Origination + Closing Services (no facilitation) | ✓ | — | ✓ | 40% | Not achieved |
| Origination only | ✓ | — | — | 30% | ← Current position |
| Facilitation + Closing (no origination) | — | ✓ | ✓ | 30% | N/A |
| Facilitation only | — | ✓ | — | 15% | N/A |
| Closing Services only | — | — | ✓ | 15% | N/A |
Per Section 1.1(j) of the consulting agreement: Net Company Fees = Gross success fees received by Emanay, less Engagement Expenses. Engagement Expenses include the QOE, valuation fees, legal fees, and all other direct professional costs incurred on the deal. Associates share in the net — after professional costs are deducted. This protects the integrity of the model and ensures every dollar paid to associates reflects actual margin earned.
Illustrative only. Actual associate compensation is calculated per the consulting agreement at time of close. CASM is Lauren's own deal — associate compensation on self-referred transactions is governed by the consulting agreement terms.
Lauren is currently at 30% (Origination only) across her referred deals. Moving to 45% or 50% requires active facilitation and/or closing services involvement — defined in the consulting agreement. On future deals she sources and actively manages through the process, she can qualify for materially higher payouts.
Current
Next tier
Maximum
You work directly with the senior team — from data room build through closing wire. No hand-offs. No junior analysts managing your process. The same people who sign the engagement letter run every buyer call, every negotiation, and every update. Lauren already knows this team — this engagement formalises what we've already been building together.
Alex Camus
Alex has led every conversation with Lauren from the beginning — from the original E2 intro call to the CASM acquisition strategy sessions and the two recent deal-structuring meetings. He runs the CASM mandate directly — managing the QOE, SBA pre-approval strategy, buyer process, and buy-side activation. Alex is the primary point of contact from execution through closing wire.
David Rosati
David brings systematic process discipline to every file. He manages day-to-day execution — financial package coordination, buyer outreach, data room management, CIM production, and weekly reporting. David also manages the E2 legal infrastructure and has been deeply involved in defining Lauren's role within the Emanay ecosystem. "We provide good advice and focus on getting good results."
Emanay Law Group, PLLC
Emanay Law Group manages all legal infrastructure across the engagement — NDAs, LOIs, Asset Purchase Agreement, minority equity operating agreement (Lauren's 10% retained interest), rep and warranty guidance, and closing documents. Running in parallel with advisory from day one — no bottlenecks, no surprises at the LOI stage.
Emanay Accounting
Emanay's accounting team leads the Quality of Earnings analysis, SDE recast, balance sheet reconciliation (undeposited funds, credit card normalisation), and SBA financial package. Richard Sanchez has already been engaged on the accounting side within the Emanay ecosystem. The QOE is the first deliverable — and the foundation for everything that follows.
The path forward is clear. Execute this engagement letter. Complete the data room. Emanay mobilises immediately. The QOE and SBA pre-qualification run in parallel. By Week 6, CASM is packaged, positioned, and in-market with lender pre-approval in hand.
Engagement letter signed. $25,000 engagement fee received. Emanay accounting team onboarded. Initial document request confirmed with Lauren. QB export and E2 docs delivered.
Full kickoff call with Lauren and Jeremy. Seller objectives locked. Balance sheet clean-up initiated. QOE begins. DSCR model built. SBA lender outreach starts. CIM outline agreed.
QOE and SDE recast completed. Undeposited funds reconciled. Normalised financials delivered. SBA pre-qualification submitted to preferred lenders. CIM drafted.
SBA pre-approval commitment in hand. CIM approved. VDR live. Lead-tech buyer process formalised. Parallel buyer outreach under NDA. Process officially in-market.
IOIs received. LOI negotiated and executed — price, seller note, 10% equity retention, operating agreement rights. SBA lender commitment letter. Confirmatory diligence begins.
APA executed. SBA closing coordinated. Wire confirmed. Lauren's exit documented as the "Phase 2" case study. Buy-side mandate activated. Aviation vertical and Phase III acquisition search begins.
"You built something real — and you did it the hard way, without a roadmap. The exit is not the end of what you built. It is the capital for what comes next. We are here to make sure that capital is maximised, the process is clean, and the next chapter starts from a position of strength."
— Alex Camus, Founder · Emanay Advisors
CONFIDENTIALITY NOTICE: This proposal has been prepared by Emanay Advisors solely for informational purposes and is strictly confidential. It is intended only for Lauren Chervinski and Twin Sails LLC / Coastal Air Systems Marine LLC. This document does not constitute an offer to sell, a solicitation of any securities, or a formal valuation. All financial estimates and projections are based on information provided by the client and assumptions believed to be reasonable, but are subject to significant uncertainties. Actual results may differ materially. All parties should consult with their own legal, financial, and tax advisors prior to making any decision. No representations or warranties, express or implied, are made by Emanay regarding the accuracy or completeness of any information contained herein. · Project Ycht Repair · Confidential · June 2026
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