Mid Multiple

Conveyancing Business — Business Valuation Multiple

EBITDA Valuation Guide · Small & Mid-Sized Businesses

Actual EBITDA multiples can vary materially based on EBITDA size, growth, recurring revenue, margins, customer concentration, owner dependence, geography and other company-specific factors.

Min

2.5×

Typical

3.5×

Max

5×

Revenue Model

Transactional

Capital Intensity

Low

2.5×Typical EBITDA Range5×

A typical multiple of 3.5× EBITDA reflects mid-market transactions in the $1–$50M revenue range.

Overview

Conveyancing businesses typically trade at 2.5×–5× EBITDA. Panel membership with mortgage lenders and estate agents, high-volume transactional capability, and technology investment in case management support valuations. Remortgage and new build pipelines provide some revenue diversification. Housing transaction volume cyclicality and PI insurance premium inflation are the primary risk factors for buyers.

Key Value Drivers

  • Panel membership with lenders and estate agents
  • High-volume transactional capability
  • Technology investment in case management
  • Remortgage and new build pipeline
  • Regulatory standing with professional accreditation

Key Risks

  • Housing transaction volume cyclicality
  • Policy changes affecting transaction volumes
  • PI insurance premium inflation
  • Price competition and online conveyancers
  • Fraud and cybersecurity exposure

Disclaimer: All multiples are indicative estimates only and are not formal valuations or investment advice. They should not be relied upon for financial decision-making without independent professional advice.