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№ vBusiness Sale · Ontario

Your business's rough value range, in minutes.

Buyers generally price a small, owner-operated business as a multiple of what it actually pays its owner each year — not its revenue. This tool walks through that math using sourced industry averages, so you have a rough starting figure before you talk to anyone.

Quick answer: A restaurant doing $650,000 a year in revenue, with $71,250 in seller's discretionary earnings, typically lands somewhere around $135,000–$249,000 — pick your own industry and enter your own numbers below.
✓Statistics Canada expense ratios, by industry✓BizBuySell Q2 2026 multiple, sourced and dated✓Always a Custom mode
№ v.1Get Your Range

Your rough value range

Pick the closest industry, then edit any number — revenue, expenses, owner add-back and the multiple are all yours to change. The range updates instantly, no email required.

A value range is a starting point, not a deal structure. See how a sale price might split across inventory, equipment and goodwill → once you have a number to work with.

Want a lawyer to check this? Book a 20-minute call with a business lawyer — $150, HST included, credited in full toward your file once payment is received.

This is a 20-minute call. We cover as much as we can and stop at twenty minutes. If more is needed, we will say what the next step is and what it would cost.

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№ v.2The Basics

The four steps

The short version — the calculator above does the actual math for you.

  1. Start with annual revenue, and four expense categories as a share of that revenue — pre-filled from your industry's sourced average, editable.
  2. Subtract the expenses from revenue to get net profit, before any add-backs.
  3. Add back the owner's own salary — a buyer isn't paying you a wage, so what you currently draw is part of the return the business produces, not a true cost. That total is the seller's discretionary earnings (SDE).
  4. Multiply the SDE by a low, mid and high multiple to get a rough value range — never a single number.
№ v.5Worked Example

$650,000 revenue, restaurant preset

Say a restaurant does $650,000 in annual revenue, its expenses match the sourced restaurant preset, and $55,000 of the labour line was the owner's own pay:

Revenue$650,000
− Cost of food & beverage (36.6% of revenue)−$237,900
− Labour, incl. owner's pay (31.8%)−$206,700
− Rent / occupancy (8.4%)−$54,600
− Other operating (20.7%)−$134,550
Net profit before add-backs$16,250
+ Owner's salary add-back+$55,000
Seller's discretionary earnings (SDE)$71,250
× Low multiple (1.9x)$135,375
× Mid multiple (2.7x)$192,375
× High multiple (3.5x)$249,375

Run your own revenue, expenses and multiple in the calculator above — it uses the exact same math.

№ v.kKnow the Words

Key terms

Seller's discretionary earnings (SDE)Net profit with the owner's own salary and other owner-only benefits added back — the standard way a small, owner-operated business's true cash flow is measured for a sale.
Earnings multipleA number the SDE is multiplied by to estimate a sale price. Multiples vary by industry, size, growth and risk — never one fixed number.
Add-backAn expense a new owner wouldn't necessarily pay the way the current owner does — most commonly the owner's own salary, but sometimes also personal vehicle costs or above-market rent paid to a related party.
A rough starting point, not a valuationA formal business valuation looks at the specific assets, lease, contracts, financial statements and market — this tool only does the first-pass math.
№ v.6Typical Ranges

Six sourced industries

Expense percentages are of revenue, from Statistics Canada tax-return data. The multiple is one sourced overall figure (see below) — not separately benchmarked per industry.

IndustryGoods/materialsLabourRentOtherSDE multiple
Restaurant / café36.6%31.8%8.4%20.7%1.9x–2.7x–3.5x
Convenience / grocery store71.6%12.2%3.8%9.6%1.9x–2.7x–3.5x
Salon / spa / personal care13.9%34.5%12.7%20.9%1.9x–2.7x–3.5x
Auto repair41.4%25.8%5.2%17.7%1.9x–2.7x–3.5x
Trades / contracting37.6%28.7%2.2%18.8%1.9x–2.7x–3.5x
Cleaning services24.8%31.8%3.1%24.9%1.9x–2.7x–3.5x

Expense ratios: Statistics Canada / ISED Canadian Industry Statistics, Financial Performance Data (whole-industry averages, 2024, the most recent year available when checked 23 Sept 2026) — NAICS 7225 (restaurants), 4451 (grocery stores), 8121 (personal care services), 8111 (automotive repair & maintenance), 238 (specialty trade contractors), 5617 (services to buildings & dwellings). Each industry's four buckets are computed directly from that page's own dollar figures and foot exactly to its reported “Total expenses.” Multiple: BizBuySell Insight Report, Q2 2026 — the report's own overall average cash-flow (SDE) multiple across all industries sold, 2.7x. bizbuysell.com blocks automated fetching, so this comes from the report's publicly reported headline figure rather than a page we could open and read directly ourselves; a secondary summary of the same report corroborates 2.65x for the same quarter. No industry-by-industry multiple table survived an independent check, so every preset uses this one sourced figure as its Mid multiple, with Low (1.9x) and High (3.5x) as an explicit, clearly-labelled ±30% illustrative spread around it — not a second published benchmark. All three numbers are editable in the calculator above.

Dropped: “professional practice,” “retail shop” and “e-commerce” don't appear above — no citable Statistics Canada figures were available at those industry levels when checked. Pick Custom in the calculator for any business that doesn't fit one of the six presets.

№ v.6Before You Ask

Common questions

Is this a real valuation?

No. It's a rough, first-pass range using a sourced industry expense profile and one sourced overall earnings multiple. A real valuation looks at your specific lease, assets, financial statements and the market for businesses like yours — this tool only does the arithmetic.

Why is there a range instead of one number?

Because the right multiple for your specific business depends on things this calculator can't see — trend, owner-dependence, lease terms, customer concentration. The Low/Mid/High range reflects that uncertainty honestly rather than manufacturing false precision.

What if my business doesn't fit any of the six presets?

Pick Custom and enter your own revenue and expense lines — nothing is pre-filled, and every field in every preset is editable anyway. “Professional practice,” “retail” and “e-commerce” aren't offered as presets because no citable Statistics Canada figures were available for them when this page was checked.

Where does the multiple come from, and why is it the same for every industry?

It's the BizBuySell Insight Report's own overall average cash-flow multiple for Q2 2026 (2.7x) — a real, dated, sourced figure, but not broken out by industry anywhere we could independently verify. Rather than publish invented per-industry numbers, every preset uses this one sourced figure, with an explicitly-labelled illustrative spread either side of it. If you know a better-sourced multiple for your specific industry, replace it.

Does this include real estate the business owns?

No — this assumes the business leases its space, which is the case for most small businesses the presets are drawn from. If real property is part of the sale, it's valued separately and added on top of the range this tool gives you.

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This is a 20-minute call. We cover as much as we can and stop at twenty minutes. If more is needed, we will say what the next step is and what it would cost.

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In their own words

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These are estimates for planning. They are not legal advice and they do not create a solicitor-client relationship. Last reviewed 23 September 2026.

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