3 ms·
> Sale price: $598,000 (2.4x annual earnings) I don't want to offend, but 2.4x earnings is disappointing to me. I dream of selling a business for 5-10 times e
by kristianp 2y ago
> Sale price: $598,000 (2.4x annual earnings)
I don't want to offend, but 2.4x earnings is disappointing to me. I dream of selling a business for 5-10 times earnings and retiring. The assumption being the 5x earnings assumes the business will grow, perhaps doubling every 5 years?