KV + WLV Restructure: Term Sheet

For Ace Hemani. Generated June 14, 2026. Brands priced at SDE x4, acquired with a 10% equity injection and a 90% SBA 7(a) change-of-ownership loan. SDE and debt verified from QuickBooks. Tax set aside per instruction.

The deal at a glance

Bhais get
100% of KV
Value $1,703,548 (4x SDE of $425,887)
Hemanis get
100% of WLV
Value $920,292 (4x SDE of $230,073)
Hakams
Cashed out, exit
~$280,000 for their net 1/3

Why it has to be one consolidated loan, not two

BrandValue (SDE x4)Existing debtValue minus debt
Keto Vitals$1,703,548$449,518+$1,254,030
We Like Vitamins$920,292$1,421,862-$501,570
WLV owes more than it is worth. Its $1,421,862 of debt exceeds its $920,292 value by $501,570, so WLV cannot stand alone on its own SBA loan. KV's surplus has to carry that overhang. So the clean version is a single consolidated SBA loan across both brands, with more of the debt allocated to KV (which can service it) and less to WLV (so it can recover). The brands can split on ownership, but the loan stays linked until WLV is healthy.

Sources and uses (consolidated)

UsesAmount
Refinance existing SBA debt (KV $449,518 + WLV $1,421,862)$1,871,380
Cash out the Hakams (net 1/3)$280,000
Working capital for the WLV inventory fix$300,000
Total uses$2,451,380
SourcesAmount
Equity injection, 10% down (Hemani + Bhai)$245,138
New SBA 7(a) loan, 90%$2,206,242
Total sources$2,451,380

The 10% down, split between you and the Bhais

WhoBrandShare of value10% downSBA carried
BhaisKV64.9%$159,142larger share, KV can service it
Hemanis (you)WLV35.1%$85,996smaller share, so WLV can breathe
Total ($159,142 plus $85,996)100%$245,138
Split shown proportional to brand value. A 50/50 split of the injection ($122,569 each) is the alternative if you and the Bhais want to share the down equally. Your check is the lever: putting in more lets you claim a preferred return on the WLV working capital you fund.

Where each family lands

FamilyPuts in (10% down)Walks withOwns after
Hakams0+$280,000 cashnothing, fully exited and off all guarantees
Bhais$159,1420100% of KV, carry its loan share
Hemanis (you)$85,9960100% of WLV, carry its loan share, plus the $300k to fix it
What this gets you for ~$86k down: 100% of WLV, the $300k inventory fix funded inside the loan, and all of the turnaround upside. WLV is underwater today, so you are buying the recovery cheap. The risk is the personal guarantee on your slice of the SBA loan, so keep your guarantee sized to WLV's allocated debt, not the whole facility.

How WLV actually gets fixed: KV carries the debt

WLV cannot service its own debt today. Its $1,421,862 of debt costs $312,948 a year against $230,073 of SDE, a DSCR of 0.74, which is why it is starving. The fix is to load the debt onto KV, which carries it easily, and use the freed-up cash to pay WLV down to a level it can service. Figures assume an SBA 7(a) loan at a 10.5% rate on a 10-year term (existing loans run 9.5% to 11.25%); SDE is the cash available to service the debt.

KV takes a larger loan, used forAmount
Refinance KV's own existing debt$449,518
Cash out the Hakams$280,000
Pay down WLV's debt$670,482
KV loan total ($449,518 + $280,000 + $670,482)$1,400,000

That $670,482 of KV proceeds applied to WLV drops WLV's debt from $1,421,862 to $751,380. WLV then refinances that plus the $300,000 inventory tranche.

The DSCR after the fix

BrandLoan afterAnnual debt serviceDSCR
KV (Bhais)$1,400,000$226,6601.88
WLV operating debt (you)$751,380$121,6481.89
WLV including the $300,000 inventory tranche$1,051,380$170,2181.35
Both brands clear the 1.25 SBA floor on today's numbers. WLV starts at 0.74 and lands at 1.35 even carrying the new inventory money, and that ratio climbs as the inventory restock lifts sales. KV stays strong at 1.88. The mechanism is the whole point: KV's surplus borrowing power rescues WLV, so the deal can clear a lender.