Successful Ontario Eyewear Distributor

Business
  • Listing# : 18306
  • Listed Price : $1,495,000
  • Total Sales : $1,123,596
  • SIC : 5048
  • Down Payment : $1,495,000
  • Status : Active
  • Discretionary Earnings : $218,604

Business Type :

Wholesale / Wholesale Fashion Accessories

Business Description :

This is your opportunity to acquire a highly successful Canadian retail distributor specializing in non-prescription sunglasses and reading glasses that is based in Ontario. The company has a name brand recognition available to prospective buyers who sign our NDA. The firm has been in business for over 50 years with a simple successful low cost operating model. There is excellent customer breadth and continual product updates that keep customers coming back.

We are listing the business with one acquisition price that includes $550,000 in A/R-A/P + resalable inventory. So this is a reasonable multiple of normalized cash flow plus a purchase price allocation for surplus net working capital. The base business listing price of $1,145 includes $200,000 in inventory at cost.  The surplus NWC includes $350,000 which is all A/R - A/P at closing plus a purchase price allocation of $100,000 for excess Inventory.

Terms on the payment of the surplus net working capital (A/R-A/P + excess Inventory) component of the sale may be arranged with the seller for up to 90 days after closing. 


Assets/Liabilities:

    • Accounts Receivable $312,864
    • Incl : Yes
    • Real Estate $0
    • Incl :
    • Inventory $304,972
    • Incl : Yes
    • Liabilities $195,369
    • Incl : Yes
    • FF&E $0
    • Incl :
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $617,836
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Wholesale