If You Don't Understand EBITDA, You Don't Understand Business

I help founders sell their businesses for 2-3x more: https://www.nickmolina.com/ I’ve started 22 businesses, exited six, and acquired close to 20 more. In this video, I explain how buyers rebuild adjusted EBITDA, challenge add-backs, calculate replacement salaries, and account for maintenance costs when valuing a business. I also break down how owner dependency, customer concentration, and revenue quality affect your valuation, including how a $400,000 EBITDA gap can reduce your expected sale price by $2 million.