Cost Segregation Valuation

Nick discusses multiple business ventures he's launching, with detailed revenue and profit projections for 2024. Here's the breakdown of his business portfolio:

RE Cost Seg (Cost Segregation Service)

• Projected 2024 Performance:
  • EBITDA: $2.5M
  • Revenue: ~$8.3M (at 30% margins)
• Valuation: 3-4x EBITDA multiple
  • Lower multiple due to political dependency
  • Affected by bonus depreciation rules

WebRun (Web Development Agency)

• Projected 2024 Performance:
  • Revenue: $200K per month
  • Profit: $70-100K per month
• Focus on landing pages and web development services

Titan Risk (Commercial Risk Property Insurance)

• Projected 2024 Performance:
  • Revenue: $3M
  • Margins: 50%
  • EBITDA: $1.5M

RecruitJet (Talent Recruitment)

• Projected 2024 Performance:
  • Revenue: $5M
  • EBITDA: $3M
• Focus: Headhunting US talent
• Target: The 80% of employed people who aren't actively job hunting

BlueKey Capital (Debt Brokerage)

• Projected 2024 Performance:
  • Revenue: $5-10M
• Focus: Commercial real estate debt
• Structure: Small team with high margins
• Services: Finding and securing debt for large commercial real estate projects

Total Portfolio Projection for 2024:

• Combined EBITDA: ~$6-7M range
• Focus on cash flow over enterprise value