Search Fund Guide — SBO Financial
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The Complete Financial Guide to Search Funds

Buying a business through a search fund in Australia is one of the most financially complex decisions you will make. This page gives you two things to help: a free guide to understand the fundamentals, and a toolkit to run the numbers.

Search Fund Journey Pre-Acquisition & Deal Structuring Investor Returns ETA
Download The Free Guide (PDF) → Opens in a new tab. No form required.
search funds financial guide australia 2026
Free toolkit · 8 tools

Want to go deeper? We built the tools for that.

The 8 calculators and checklists let you stress-test any deal yourself, from valuation and deal structure through to investor returns and funding gaps. When you are ready for someone to run it with you, we are here for you.

These tools are for informational purposes only and are not intended as financial, legal, or investment advice. Results should not be relied upon as the sole basis for any business or funding decision. Always seek qualified professional guidance before acting.

Normalisation / Add-Back Schedule

Document owner-specific expenses to reveal true business earnings.

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Adjusted EBITDA Calculator

Arrive at a clean, defensible EBITDA figure that drives your valuation.

Investor Return / Exit Calculator

Model exit scenarios and investor returns at different valuations.

Working Capital Adjustment Calculator

Negotiate working capital at close with confidence and precision.

Debt Service Coverage Calculator

Know if the business generates enough cash to cover its debt.

Capital Stack Calculator

Map your full financing structure across equity, debt and seller notes.

Completion Checklist

Stay organised from first contact to close. Never miss a critical step.

NBIO to First 100 Days Checklist

From your initial offer through your first 100 days as owner.

🔒 Enter your details to unlock all 8 tools instantly.

Unlock the free toolkit

Get instant access to all 8 calculators, schedules and checklists.


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