Would You Buy This HVAC Company for $4.2 Million?
Case 1 · Earnings quality. A seller presents $1.1 million of “owner cash flow” to justify a $4.2 million asking price. Normalize the add-backs, replacement management and capex before you believe it.
Case 1 · Earnings quality. A seller presents $1.1 million of “owner cash flow” to justify a $4.2 million asking price. Normalize the add-backs, replacement management and capex before you believe it.