How do I determine how much to sell my business for?
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Typically, for most businesses of this kind, that multiple is 2 times the EBITDA, dependent on how much time the new owner will need to spend in the business.
If it is a turn key-type operation, that multiple may be 5 times to 10 times the EBITDA, depending on how the new owner can leverage current operations.
Regardless, a good CPA can help you with the valuation, as well as a business broker should you decide to go in that direction.