Successful Ontario Eyewear Distributor
Ontario, CANADA
| Asking Price: |
Gross: |
Cash Flow: |
| $1,495,000 |
$1,123,596 |
$218,604 |
Furniture and Fixtures Value:
$0 ( not included in the asking price)
Inventory Value:
$304,972 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
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 a reasonable multiple of normalized cash flow plus a purchase price allocation for surplus net working capital. This surplus NWC includes all A/R - A/P at closing plus a purchase price allocation for excess Inventory. The base business listing price includes $200,000 in inventory at cost. 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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| Year
Business was Established: 1974 |
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| Number of Employees:
3 FT |
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| Facilities / Terms of Lease:
The business operates out of a modern commercial distribution facility with a long term lease. |
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| Potential
Growth/Expansion:
Significant potential for growth exists. |
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| Competition:
Some competitors exist in every market. |
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| Owner
willing to train:
Will train for 10 weeks @ $0 cost. |
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| Reason for selling:
The owner is retiring. |
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| REQUEST MORE INFO |
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