Acquisition underwriting
You found the business.
The bank wants numbers.
Show up with the right ones.
Acquisition and underwriting models built the way an SBA lender underwrites: SDE rebuilt from the P&L, DSCR against the 1.25x gate, and a verdict you can take to the bank. Excel + Google Sheets.
Excel + Google Sheets · no macros, no add-ins, no external links
Base case · SBA 7(a)
- Asking price
- $425,000
- SDE (reconstructed)
- $138,400
- Implied multiple
- 3.07×
- Capex reserve (age-based)
- −$21,900
- CFADS
- $94,100
- DSCR
- 1.38×
- Cash-on-cash · Yr 1
- 18.4%
- IRR · 5-yr exit
- 24.1%
Not a calculator. The underwriting a lender actually runs.
Generic templates ask for “monthly revenue” and multiply. A lender doesn’t. These models rebuild the deal the way it gets underwritten — and they tell you when the answer is no.
Revenue built from the asset
Machine by machine, bay by bay, unit by unit. Not one blended average that hides the mix — because the mix is where the deal breaks.
The costs a flat % hides
Age-based capex reserve on every equipment group: remaining life against replacement cost, so an aging fleet shows its real future bill.
A verdict, not a dashboard
DSCR against the 1.25× gate, sensitivity on the two variables that move it, and a plain answer: bankable, or not at this price.
Every formula is machine-verified before release
The whole calculation graph is recomputed by independent engines — including Excel itself — plus one rebuilt from scratch in Python that has to agree to the cent. A model that balances is the minimum, not the selling point.
No macros, no add-ins, no external links. Opens in Excel and in Google Sheets.
Every cell visible. Nothing locked, nothing hidden — audit it before you trust it.
Sourced benchmarks. Multiples, operating ratios and loan terms, with where each number came from.
One model · one price
one-time · lifetime access · free updates
- Excel workbook 10–12 sheets
- PDF user guide 16 pages
- Sample deal, pre-filled included
- Google Sheets compatible
Instant download · 30-day money-back guarantee