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The owners of Mom & Pop Grocery are looking to sell their business to Choctaw Nation. The owners are Choctaw Tribal Members and 5 0

The owners of Mom & Pop Grocery are looking to sell their business to Choctaw Nation. The owners are Choctaw Tribal Members and 50% of their staff have a CDIB. Tribal Leadership has asked you to determine if the business is profitable and if the asking price of $1.5 Million is justified. Comparable businesses have sold for 5X annual EBITDA. Leadership expects a minimum of $200,000 per year in EBITDA but is relying on your report to determine if those results are achievable. Please utilize the attached Excel document and formulas to evaluate this opportunity and write a brief summary explaining your assessment.

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