--000000000000dafe11063dd78bf2 Content-Type: text/plain; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Thanks Tim, that sounds close to how I recall valuations out of our BD group as well. I have a template Letter of Intent that I can share with you that covers the key topics you'd want to get agreement on, including of course the price as well as timing and personnel, etc. I think a call makes sense to get alignment. On Tue, Sep 2, 2025 at 1:25=E2=80=AFPM Timothy Thomas wrote= : > To clarify, we were valued at 6-7x EBITDA during the acquisitions. Happy > to meet at your earliest convenience. Thanks > > On Tue, Sep 2, 2025 at 3:59=E2=80=AFPM Melissa Reyes > wrote: > >> Gerri, Steve and Nina, >> >> Tim is speaking to the previous Franchise Owner in Kansas City tomorrow >> at 10:30am and who is potentially interested in an asset sale that inclu= des >> the license and the team members. NDA has been signed and Tim would like= to >> be able to discuss the asking price. Tim shared from experience it is >> typically 6-7% of net revenue. Can you advise how we should proceed? >> >> Please let me know if you would like to jump on a call to discuss in mor= e >> detail. Ultimately want to arm Tim with something for tomorrow morning. >> >> Thank you >> >> >> -- >> * Melissa Reyes * >> President of Client Services >> (916)743-0530 >> melissa.reyes@thekey.com >> TheKey.com >> >> [image: TheKey] >> > --=20 Nina Kani General Counsel and Chief Compliance Officer * Please note my email has changed: * nkani@thekey.com 650-416-1496 TheKey.com [image: TheKey] --000000000000dafe11063dd78bf2 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Thanks Tim, that sounds close to how I re= call valuations out of our BD group as well. I have a template Letter of In= tent that I can share with you that covers the key topics you'd want to= get agreement on, including of course the price as well as timing and pers= onnel, etc. I think a call=C2=A0makes sense to get alignment.=C2=A0 On Tue, Sep 2, 2025 at 1:25=E2=80=AFPM Timot= hy Thomas < tt@thekey.= com > wrote: To clarify, we were valued at 6-7x EBITDA during the ac= quisitions. Happy to meet at your earliest convenience. Thanks On Tue, Sep 2= , 2025 at 3:59=E2=80=AFPM Melissa Reyes < melissa.reyes@thekey.com > wrote: Gerri, Steve and Nina, Tim is speaking= =C2=A0to the previous Franchise Owner in Kansas City tomorrow at 10:30am an= d who is potentially interested in an asset sale that includes the license = and the team members. NDA has been signed and Tim would like to be able to = discuss the asking price. Tim shared from experience it is typically 6-7% o= f net revenue. Can you advise how we should proceed?=C2=A0 Please l= et me know if you would like to jump on a call to discuss in more detail. U= ltimately want to arm Tim with something for tomorrow morning. Thank you -- <table border=3D"0" cellpadding=3D"0" cellspacing=3D"0" style