The offer explained below 👇 This data is pulled from Axial. This is why we are given a range for all the numbers and not specifics. The business performance numbers: Revenue in the last 12 months: $10M - $12M EBITDA in the last 12 months: $1.5M - $2.5M Industry: Consumer Goods The offer: Total enterprise value (or total purchase price): $12M-$15M EBITDA multiple: 6x-6.5x 64% of the total purchase price paid in cash at close. 9% of total purchase price was a seller note 12% of total purchase pri

Promissory Note: What It Is, Different Types, and Pros and Cons