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 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.
