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How do you typically price a bar/tavern to sell?

Interested in selling my bar/art gallery in a busy sought after location in Wilmington but not sure how to price it.

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We are financial consultants to a group of investors whom we have their consent to manage their funds which is in our custody for cooperation in joint venture business investments.

Our areas of interest include Property Development and real estate, Health Care, Education and training, Mining and exploration, Energy, oil and gas,Technology, Software development, Agriculture, Manufacturing, Finance Services and Leisure.However, all viable proposals within reason will be considered.

Funds shall be made available to you as a direct investment loan at 3% interest rate per annual for a period of 2 or 30 years depending on what you prefer. You may contact us if you have interesting investment proposal for possible business collaboration for our study.

We look forward to your reply to enable us provide you with details or you may visit our website.

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Yours Sincerely
Jesse Peterson
phone: (980) 239-7539

Aug 17, 2017
Marc L. Able
Benchmark Business Brokers
Caddo County, LA
Premium Broker

Hello, Lynn. If the business owns real estate you would take an appraised value for that, then add up the total value of all your furniture, fixtures and equipment. Once you have determined those values take a multiple of your net income (generally 3xs in the bar industry) and a value for the goodwill of the business. Sum these figures, take into account competition, location and economic activity in the area and this should be a pretty "fair" value. Hope this helps! I have lived and done business in your state, call if I can be of assistance.

Feb 5, 2016

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