Tampa Business Brokers | Tampa Bay, Florida (FL)
Tampa Business Brokers | Tampa Bay, Florida (FL)
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(727) 725-7090
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Wholesale / Wholesale Fashion Accessories
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 at $1,495,000 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 is $945,000 which is the down payment and then the seller has added $200,000 of inventory at cost for a price of $1,145,000. The surplus NWC includes $350,000 which is all A/R - A/P at closing ($250,000) PLUS a purchase price allocation of $100,000 for additional excess Inventory, subject to the closing Balance Sheet values.
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.
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