Decision: renegotiate structure
Summit Air HVAC clears base coverage at 1.64x, but a 10% revenue decline drops it to 1.02x.
Adjusted EBITDA of $732,400 on the trailing twelve months against an asking price of $2,950,000 — 4.03x. Every figure taken from the seller's records carries the page of the source bundle it came from, or is flagged as unsourced. Financing inputs are buyer and lender assumptions, labelled as such. Exports include a source-document manifest.
2 review blockersPrivate walkthrough
Illustrative demo · sources are interactive · decisions are disabled · Currency: USD
Candidate review1Proposed1Needs review1Accepted1Rejected
Candidate adjustments
| Candidate Adjustment | Category | Amount | Confidence | Status | Actions |
|---|---|---|---|---|---|
Owner compensation normalization Owner's W-2 compensation of $295,000 on the trailing twelve months, less the $175,000 replacement general-manager salary the buyer assumes. The $120,000 excess is normalized. The replacement figure is the buyer's assumption, not a figure taken from the seller's records. | Owner Compensation Increase (+) | $120,000.00 | Accepted | Demo · read only | |
Personal auto & travel Auto lease and travel charged to the business appear personal in nature. Left out of the total pending support. | Personal Expense Increase (+) | $18,500.00 | Proposed | Demo · read only | |
Challenger Needs support 55% defensibleA single auto lease line is thin support for a $18,500 personal add-back — without a mileage log or a per-vehicle split, a buyer's quality-of-earnings review could haircut this to the documented personal-use share. | |||||
One-time legal settlement Non-recurring legal settlement recorded in FY2024. Reviewer rejected: settlement may recur under the ongoing dispute. | One Time Expense Increase (+) | $45,000.00 | Rejected | Demo · read only | |
Earnings bridge
Reported to Normalized Bridge
Reported EBITDA (TTM)
$612,400.00
+Owner compensation normalization
$120,000.00$732,400.00
Adjusted EBITDA
$732,400.00Illustrative acquisition-finance preparation only. This demo is not financing advice, not a lending decision, and not external verification.