[FTJM]

Earnings Before Interest, Taxes, Depreciation and Amortization.

The multiple for your business will be calculated on a three year average of either EBITDA (higher multiple) or on your gross revenue (lower multiple) based on industry standards and comps for your type of business.

You'll negotiate the multiple then prove up your EBITDA, with full disclosure.

[Lloyd227]

"Earnings Before Interest, Taxes, Depreciation and Amortization"

Thanks!