Every source that pays for the deal, in one stack
Real acquisitions stack cash, a bank loan, a seller note and an earnout. This shows the whole thing and what it costs together — which is the number that decides whether the business can carry it.
Prime 6.75% · as of 1 Aug 2026 · Federal Reserve H.15, August 2026 · set by Revanu
Height tracks share of the price, with a floor so thin layers stay readable. Color encodes seniority — senior debt darkest at the bottom, your cash at the top.
The line is the most annual debt this cash flow supports at 1.25× coverage. No year sits above it.
Never profit. The buyer controls profit after close — expenses, salaries and investment decisions all sit with them — so a profit-based earnout hands one side control of the other side’s payment. Revanu measures earnouts on revenue for that reason.
Every source together leaves $145K a year above the threshold.
The senior rate is the SBA 7(a) maximum for a loan this size, with the guarantee fee financed as the loan calculator prices it. Benchmarks, not offers, appraisals, or advice. Every result here shows the arithmetic that produced it so you can argue with it. Rates and fees vary by lender and by borrower.