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>If the final price was $215k it certainly seems possible to pay off most of $120k with that. Right. I was "implying" that perhaps the business wasn't as good
by forgetsusername 10y ago
>If the final price was $215k it certainly seems possible to pay off most of $120k with that.
Right. I was "implying" that perhaps the business wasn't as good a business as I thought.
- charlesdm 10y agoA business like AR with $60k in profit sold for $215k seems like a pretty good deal for the seller. On a yield basis, that seems like a great deal, but given the work involved (+ chance of the business being disrupted), I'm not sure I like that profit to price paid ratio. It certainly isn't a price I would have paid.
- sjg007 10y agoWhy? Seems cheap? <4x? Next phase is a sales force to get customers.