Account Receivable out the roof!

July 30, 2025
by an investor from Georgia State University in Atlanta, GA, USA
How would you structure this kind of AR into the deal?
Company have been doing $1.7M-$2.2M the past 3 years, 2025 BS show $1.23M AR, EBITDA $400K, 10 employees, seller is semi involved. He's asking $1.62M (bit over priced) includes $120K working capital, FFE $1.5M (fully depreciated). Seller is retiring,

from University of Missouri in Denver, CO, USA
from University of South Florida in FL, USA