Forum Moderators: buckworks
I would ask to see the P&L report for the last 2 years. For me to buy anything it must be currently making money from a varity of sources.
Depending on what the business makes in a year, I would probably pay 1.5-2 times the yearly net.
This is of course all depending on what kind of business it is. I don't think I would pay lots for something that I had to work 40+ hours a week on.
Then again I started my first business on 100 dollars and it is my best income source.