Operating To Capital Lease Conversion


  • Client desired to convert operating leases to capital leases for EBITDA enhancement.
  • Optimus negotiated early end of term notice of 14 leases (50+ assets / original cost of ~$3.1M / $58k in monthly payments).  
  • No cash outlay was required to realize immediate value!


  • EBITDA increased in excess of $578k!
  • Optimus created Irrevocable End of Term Purchase Notice Letters approved by Client’s auditor resulting in an increase in new enterprise value.
  • 11x EBITDA multiple!
  • $6.4M in total enterprise value!
  • ROI of 5.1x