I know every situation is unique, but brokers I speak to tell me that current EBITDA multiples of a value of business and real estate on an express model are not trading for higher than an 8x. They say this is in response to current interest rates and increased competition. However, other operators I speak to off-market still look to negotiate at 10-12x.
I'm curious to hear thoughts on what justifies one or the other.
I'm curious to hear thoughts on what justifies one or the other.