SELLER GIVING CASH AT CLOSE?
Interesting deal I’m working on where the seller is including $250k cash back in the business to help fund on going working capital. . If we don’t need the cash then we can reduce our offer by that same cash amount. Have you seen anything like this? I’m valuing the company based off normal EBITDA multiples and then adding back the cash on top as I still end up needing to get that cash (plus more) all financed as part of the deal.