Really? 2-3x Annual profit? that seems very low. In mature industries (with stable, low single digit growth) acquisitions go for around 2 times revenues, but th

Really? 2-3x Annual profit? that seems very low. In mature industries (with stable, low single digit growth) acquisitions go for around 2 times revenues, but the real multiple is usually on EBITDA and can easily be 8-15x. Why would you sell for 2x profit? Once you subtract capital gains, you's be at 1.5 annual profit: you'd be better off hiring a developer to run it and go on a permanent sabbatical.