In the 'HBR Guide to Buying a Small Business', Ruback and Yudkoff suggest businesses with $0.8-2.0M EBITDA often sell for 3-5x EBITDA.
I'm curious:
- Is this 3-5x multiple realistic, especially in the German market?
- For smaller businesses ($0.4-0.8M EBITDA), what's a typical EBITDA multiple?
Keen to hear your thoughts and experiences!
Thanks!
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