Under contract on a $3.3 million fireworks retailer, need due diligence.
I am under contract with due diligence till Oct. 8 on this fireworks retail company. Where do I start? Limited on funds, saving them for the injection (down payment).
Apart from the seasonality, lender likes the deal. Debt service coverage ratio is healthy. Seller financing of $230,000 on a small earnout for New Years 2025, and July 4th 2025 seasons. Established in 2003.
If your due diligence consultant, feel free to contact me.