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What would be asking price for business nets 70k year?

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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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Thank you.

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

Aug 17, 2017
Julie A. Barnes, CPA
Small Business Exchange, Inc.
Travis County, TX

No offense, Hasir, but I find your answer remarkably facile, if not glib, without further details.

Julie A. Barnes, CPA
President, SBX, Inc.

Apr 5, 2010
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Fine Investments
Cook County, IL

if its ona long term lease its worth about 2.5 times ebitda and if its with the property it could range from 5-6 times ebitda.

Apr 5, 2010
Julie A. Barnes, CPA
Small Business Exchange, Inc.
Travis County, TX

Hello Ken,

Your question raises a multitude of other questions. For example:

Has the business consistently netted 70k or have profits been on the decline?
Does the business own substantial assets?
Does the business require expertise?
How old is the business and how much of its success is due to the owner?
What is the cash flow? (Add back non-cash expenses)
What are the tax benefits (e.g., phone and vehicle expenses)?
Will current employees stay on?
Is there a lease and if so, do you qualify to assume?
Do tax records substantiate a net profit of $70k?

I could go on - ad nauseum - but it might be easier if you would simply visit my blog: for free advice on how to evaluate a business. There are NO simple formulas.

Good Luck!
Julie A. Barnes, CPA
President, SBX, Inc.

Apr 5, 2010

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