Hi everyone. I'm evaluating a potential target in the e-commerce space. The company has inventory on hand equal to the asking price of the company. Put another way, the company will cost 2x the asking price when inventory is included.

Building the additional debt load necessary to purchase the inventory into the model compresses the margins and hurts the cash on cash returns of the investment. Does anyone here have experience or tips on how to creatively structure the deal so that the inventory doesn't have such a material impact on the economics of the transaction? I'm basically looking for a way to build the inventory int0 the deal without taking on the full debt load for taking on the inventory on day one.