Hey david I am based in the uk 🇬🇧 and speaking to a business broker right now, they have sent me over the P&L and the balance sheet, what other financial information should I ask for as using the information I have I can’t see the SDE as theres no ebitda & no directors salary being shown from the records I have seen which financial records should I ask for?
If the broker hasn't done a normalization to show these cash flow levels, they don't know what they're doing. You'll have to go through the income statement line by line and ask questions to normalize it yourself. If you haven't already, you should sign up for the training at www.BusinessBuyerAdvantage.com