Evans Advisory · Value365
What You Actually Keep
The headline price is not the number that lands in your account. Debt, fees, and taxes take their cut first — and part of what's left may not arrive at closing at all. See the real number before a buyer's offer makes it feel settled.
Start with the sale price
The enterprise value — the headline number on the offer or your expectation.
Subtract the cost of the deal
Advisory, legal, and accounting fees come out of your proceeds, not the buyer's.
Subtract the tax
A rough cut only. Your real bill depends on deal structure, your state, and your basis — your CPA settles it. This shows the order of magnitude.
How much actually arrives at close
Escrow, a seller note, or an earnout defer part of the price — sometimes for years, sometimes never. Set the share wired in cash at closing.
What you actually keep
$0
Enter a sale price to see how the headline number becomes the real one.
And of that — when it arrives
Send me the full breakdown
I'll email you this proceeds waterfall and a short note on the levers that move the number most. No newsletter you didn't ask for.
This is an estimate built to start a conversation, not tax, legal, or financial advice — and not a valuation or an offer. The tax figure is a rough blended approximation; your actual liability turns on whether the deal is an asset or stock sale, depreciation recapture, your state, your basis, and how deferred consideration is treated. Net proceeds assume all consideration is eventually collected, which deferred and contingent amounts are not guaranteed to be. Have an M&A-experienced CPA and advisor run your real numbers before you rely on any figure here.
Win the exit without losing at life. — evansadv.com