There are several methods to value a business. The purpose of the valuation drives the method. For sale, we tend to use the sellers discretionary earning or income method...in simplest terms the money a business spins off to an owner is the Sellers Earnings....that amount will be multiplied by a multiple. The multiplier is dependent on several factors like size, industry, market threats, revenue concentration among other things
I will add that when you work with Mike as a buyer or a seller, there are. No surprises. He makes you aware of all options. You wont find another business broker that is more straight forward, reliable and ethical.
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