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Edition No. 7 · No. 14 · the annex · Free edition

Custom closets & organizers

Union County, OH · name withheld in the free edition Why no names?

PROCEED WITH CONDITIONSProceed, with three conditions.Cheaper than 68% of 25 similar businesses.
Asking price$249kas listed
Revenue$707kas listed
EBITDA$113kas listed, a 16% margin
If a manager runs it-$67kto$216kour rebuild, about 5 hrs a week
Hours with a manager~5 hrsa week, our estimate
Price over EBITDA2.2xsimilar listings: 2.5x
Contents

1Two ways to own it

If you run it
$0to$283k
~42 hrs / week · your own week, our estimate
Someone else runs it
-$67kto$216k
~5 hrs / week · after paying a $67k manager
Straddles the question: at the conservative end the business does not pay a manager.

Both ranges are our estimate, not the seller's figure. Each starts at its careful end.

2The price and the verdict

2.2x the seller's EBITDA; the middle of similar listings is 2.5x.

Based on asking prices, not completed sales.

PROCEED WITH CONDITIONS3 conditions before an offer

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The 3 conditions before an offerPremium

Each one written out, with what would close it before an offer.

The original listing and the brokerPremium

We could not name this one; the member file links the listing and names the broker where the listing does.

Questions for the brokerPremium

Written from the conditions and the open checks, in the order we would ask them.

What we could not establishPremium

What no document we found decides, and the document that would.

The model and the research trailPro

Five-year projections per basis with the downside, the scenario workbook, and every check with its evidence.

The full file

The name, the three conditions, and the questions for the broker.

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1,000 listings screened, 5 published · Edition No. 7, 12 August 2026. We have no stake in whether any deal closes.

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