factual

What was the amount of cash consideration involved in the purchase price allocation for Management Recruiters?

Management_Recruiters Franchise · 2024 FDD

Answer from 2024 FDD Document

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 13,000
Contingent consideration 60
Net working capital payable 223
Total consideration $ 13,283
Franchise relationships $ 5,640
Trade name 2,180
Royalty receivable 575
Current assets 581
Goodwill 4,795
Current liabilities assumed (488)
Purchase price allocation $ 13,283

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 6,707
Net working capital payable 336
Total consideration $ 7,043
Customer lists $ 4,000
Accounts receivable 2,668
Goodwill 375
Purchase price allocation $ 7,043

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 9,600
Net working capital payable 328
Note payable 1,500
Total consideration $ 11,428
Customer relationships $ 7,700
Trade name 1,400
Accounts receivable 3,386
Other current assets 94
Goodwill 500
Current liabilities assumed (1,652)
Purchase price allocation $ 11,428

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 3,283
Liabilities assumed 1,044
Transaction costs 23
Total consideration $ 4,350
Purchased software 3,200
Domain name 2,226
Deferred tax liability (1,076)
Purchase price allocation $ 4,350

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 2,100
Note payable & net working capital payable 362
Total consideration $ 2,462
Customer relationships $ 1,600
Customer lists 200
Accounts receivable 462
Goodwill 200
Purchase price allocation $ 2,462

[Item 21: FINANCIAL STATEMENTS]

Cash consideration $ 11,123
Franchise agreements 10,886
Notes receivable 237
Purchase price allocation $ 11,123

Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 65–66)

What This Means (2024 FDD)

According to Management Recruiters' 2024 Franchise Disclosure Document, several instances of cash consideration are detailed in relation to purchase price allocations. One instance shows cash consideration of $13,000, with a contingent consideration of $60 and net working capital payable of $223, resulting in a total consideration of $13,283. In this allocation, franchise relationships are valued at $5,640, the trade name at $2,180, royalty receivable at $575, current assets at $581, and goodwill at $4,795, with current liabilities assumed at ($488).

Another table shows cash consideration of $6,707, with net working capital payable of $336, resulting in a total consideration of $7,043. The purchase price allocation includes customer lists at $4,000, accounts receivable at $2,668, and goodwill at $375. A further instance details cash consideration of $9,600, with net working capital payable of $328 and a note payable of $1,500, leading to a total consideration of $11,428. This allocation includes customer relationships at $7,700, the trade name at $1,400, accounts receivable at $3,386, other current assets at $94, goodwill at $500, and current liabilities assumed at ($1,652).

Additionally, one table shows cash consideration of $3,283, liabilities assumed of $1,044, and transaction costs of $23, resulting in a total consideration of $4,350. The purchase price allocation includes purchased software at $3,200, a domain name at $2,226, and a deferred tax liability at ($1,076). Another instance shows cash consideration of $2,100, with a note payable and net working capital payable of $362, resulting in a total consideration of $2,462. The allocation includes customer relationships at $1,600, customer lists at $200, accounts receivable at $462, and goodwill at $200. Finally, one table shows cash consideration of $11,123, with franchise agreements at $10,886 and notes receivable at $237.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.