Evans Advisory · Value365
The Add-Back Recapture Calculator
Buyers pay a multiple on what your business truly earns — not what your tax return shows. The gap between the two is yours to recapture, but only the part you can document survives diligence. See what it's worth.
Start with reported EBITDA
Your earnings before interest, taxes, depreciation, and amortization — straight off the financials.
Add back what isn't really the business's cost
Enter each amount, then mark how well you can prove it. Buyers accept documented add-backs in full, discount thin ones, and reject what you can't support.
Apply your multiple
The EBITDA multiple a buyer would apply in your sector and size range. Not sure? Most lower-middle-market deals land between 4x and 7x.
Defensible recapture
$0
Documented add-backs could add this to your starting valuation, above doing nothing.
Send me the full breakdown
I'll email you a clean recapture summary and the documentation checklist buyers will expect. No newsletter, no follow-up sequence you didn't ask for.
This is an estimate built to start a conversation, not a valuation or an offer. Buyer-accepted figures assume documented add-backs are credited in full, thinly supported ones at half, and undocumented ones at zero — and that a heavily undocumented add-back stack compresses the multiple, the way it does in real diligence. Your actual outcome depends on your financials, your market, and how the deal is run.
Build a business worth buying. — evansadv.com