What’s Your Business Worth?

Get a confidential, no-obligation valuation backed by real deal experience — not a generic online calculator.

How We Value Your Business

SDE vs. EBITDA

Most small and mid-sized businesses are valued using a multiple of SDE (Seller’s Discretionary Earnings) or EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). SDE is typical for owner-operated businesses; EBITDA is more common once a business has a management team running it without the owner. Which one applies changes which multiple range is relevant.

What Moves Your Multiple

  • Recurring or contract-based revenue versus one-off sales
  • Customer concentration — how much revenue comes from your top few customers
  • Revenue and profit trend over the last 2–3 years
  • How dependent the business is on you personally
  • Current buyer demand and deal activity in your industry
  • Real estate, equipment, and inventory included in the sale

Typical Valuation Ranges by Industry

General ranges we see in the market. Where your business lands depends on the specifics above.

IndustryTypical RangeBasis
Service Businesses2–3xSDE
Professional Services1–2.5xRevenue
Healthcare Businesses6–9xEBITDA
Digital Health & Telemedicine4–6xRevenue
Technology & SaaS6–8xARR, at >95% retention
Construction & Contracting2–3xSDE
Manufacturing & Industrial4–6xEBITDA
E-commerce & Online Retail2–4xEBITDA
Logistics & Distribution3–5xEBITDA
Lifestyle & Personal ServicesVaries by typeDepends on business type
Hospitality & Food Service1.5–3xSDE
Green Energy & SustainabilityVaries by typeDepends on business type

These are general market ranges, not a quote for your specific business. Your actual valuation depends on your financials, your specific business type, and the factors above — where a category shows "varies by type," an advisor will work up a real range with you directly.

Start Your Valuation

Takes about 2 minutes. No cost, no obligation.

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Valuation FAQs

Is a business valuation from Forefront really free?

Fee structure varies by engagement and is discussed in detail with your advisor before any work begins.

What information do I need to get a valuation?

To start, we just need the basics: your industry, location, and a general sense of annual revenue. A full valuation later on will also look at profit (SDE or EBITDA), customer concentration, growth trends, and industry demand.

What’s the difference between SDE and EBITDA?

SDE is typically used for smaller, owner-operated businesses and adds back the owner’s salary and personal expenses run through the business. EBITDA is more common for larger businesses with a management team already in place. Which one applies affects which multiple range is relevant to your business.

Does getting a valuation obligate me to sell?

No. A valuation is informational. Many owners get one just to understand where they stand, whether they’re planning to sell next year or in five years.

How accurate is an initial valuation?

An initial valuation gives you a realistic range based on your industry, revenue, and the general factors buyers care about. A more precise number comes after a deeper look at your financials, which happens once you decide to move forward.

How long is a valuation good for?

Market conditions, your financial performance, and buyer demand for your industry all shift over time, so a valuation reflects a point in time. Most owners revisit it if more than 6–12 months pass before they’re ready to sell.