Orville Wright
   "The Okanagan
   Business Broker"

  OKANAGAN:
  Suite 210
  347 Leon Avenue
  Kelowna, BC
  V1Y 8C7

  250 - 769-2378
  FAX:  762-2762
 

  VANCOUVER:
  Suite 600
  666 Burrard St.
  Vancouver, BC 
  V6C 2X8

  604 - 669-2378
  FAX:  608-5355
 
 

  CALIFORNIA:
  888-689-2378
 

    ©1998 - 2008
   Global
   Business
   Brokers 
   International
 

EXPLANATION OF BUSINESS LISTINGS HEADINGS: 

Full price - The full consideration being asked for by the seller. This includes cash, notes, assumable obligations, etc. 

Down Payment - The minimum amount of cash being asked for by the seller. This is usually exclusive of any any financial obligations of the Seller (if any) that are assumed by the Buyer. 

Annual Sales - The gross sales volume reported by the Seller for the most recently available 12 month period.

Total Assets - Total assets include goodwill, as applicable, but exclude real estate.

Adjusted Annual Profit - "AAP" - This is a calculation showing the cash flow generated by the business during either the 12 months ending in December of 2007, or the most recent 12 month period, and adding back to the net profit shown on the Seller's financial statements those expense items that are discretionary to the Seller. Typical "add backs" are the Seller's compensation, including benefits, depreciation, non-recurring or unusual expenses, installment payments on furniture, fixtures and equipment that will be paid in full and transferred to the the Buyer at closing and certain "non essential" business expenses. This is also known as Seller Discretionary Cash.

Real Property - Most businesses for sale do not include real estate. If real property is available, it will be noted in the listing information.

FINANCIAL INFORMATION: 

All Annual Sales and Adjusted Annual Profit figures contained herein have been provided by the Sellers. Global Business Brokers International will not verify the accuracy or completeness of the information provided.