Successful Ontario Eyewear Distributor

Business
  • Listing# : 18306
  • Listed Price : $945,000
  • Total Sales : $1,236,987
  • SIC : 5048
  • Down Payment : $945,000
  • Status : Active
  • Discretionary Earnings : $215,087

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. This is a SHARE sale.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 at $945,000 including $100,000 of Inventory as the Net Working Capital Provision. The business is being sold on a cash free debt free basis. A/R + Prepaids - A/P calculated at closing will accrue to the seller as surplus Net Working Capital. Inventory above the $100,000 allocation will be available to the purchaser.  

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 $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $100,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $0
    • Incl :
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $100,000
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Wholesale