And don't forget that even though it's a niche and you probably have some awesome skills in the niche that are needed for running the business, BUT if you struc

And don't forget that even though it's a niche and you probably have some awesome skills in the niche that are needed for running the business, BUT if you structure it correctly, you are also building up equity that can be sold if you decide to try other things or simply want to cash out. For a recurring revenue net of $250k, it's not unreasonable value it at $750k to $1.25 mil depending on how likely you are to keep that cashflow going and how much ongoing investment is needed. (DISCLAIMER: this is napkin math, nothing more.) Although, after tax that doesn't sound like all that much, it is life-changing for most people. If you can for example pay off your mortgage and other debts, your lifestyle changes overnight.