Need tips on selling a mainstream business thats been in business since 1987

**Phallus Fondue** · 08-21-2009, 04:48 PM

perhaps post location.

**Niktamer** · 08-21-2009, 04:51 PM

20k a year after 22 years of business ?

are you in the us ?

**TwisterPro** · 08-21-2009, 04:52 PM

Sorry, its in Indiana, about 30miles north of Louisvile Kentucky.

Since we opened the company has profited over $900,000 all verifivable
with tax records etc.. If anyone is local, We welcome them to stop by

**Pipecrew** · 08-21-2009, 04:53 PM

Ahh the stock market. Atleast your not selling a 22 heard old business to send money to Nigeria

**TwisterPro** · 08-21-2009, 04:53 PM

Yes, United States

**TwisterPro** · 08-21-2009, 04:55 PM

Rigth now our twomajor clients order 2 times a year, and we profit around $15,000 a year just from them.Its a Television station.

**XPays** · 08-21-2009, 04:58 PM

find the top printers within driving distance of your spot and knock on their doors or call

**Intrinsic** · 08-21-2009, 05:01 PM

You could start printing... you know... money?

**TwisterPro** · 08-21-2009, 05:02 PM

lol. NO Money. The feds will give you 50 years for that lol. We're a legit long based company.

**woj** · 08-21-2009, 05:24 PM

your only hope of selling it is to some competitor

who else would put down 8k to buy a 20k/year job?

**TwisterPro** · 08-21-2009, 05:25 PM

True. Thanks for yout ips guys. GFY rocks

**bushwacker** · 08-21-2009, 05:34 PM

There is no money in the printing business.

**TwisterPro** · 08-21-2009, 05:36 PM

lol okay bushwaker. sure whatever you say. Ive gotover 2,000 invoicess from the last few years showing there is lol..I will agree with you that the computer tech has really slowed it down bad.

**Phallus Fondue** · 08-21-2009, 05:39 PM

was your dads wages included in business costs or did he just earn the profit? guessing the business did not do the former and include him as an hourly wage or salary right?

**Sly** · 08-21-2009, 05:58 PM

How do you have over 2000 invoices and hundreds of clients but only clear $20,000 a year? Are you doing jobs for $15 or what's the deal?

**spunkmaster** · 08-21-2009, 07:51 PM

I suggest you look up a local business broker in your area. They are sometimes
tied to realtors so maybe start there.

**EscortBiz** · 08-21-2009, 08:14 PM

ask one of your clients to buy it

**RayBonga** · 08-21-2009, 08:34 PM

it's the 20k profit after salary expenses (i.e. was your father or the person responsible for running the company receiving a salary or just the 20k?).

Also, how much would the new owner need to know about the operations of the business, is there any employee(s) that can run the company?

**PPCAtlanta** · 08-24-2009, 01:43 PM

The Price is Right?

The pricing of any business can vary from industry to industry, but you could use the general rule of thumb for pricing 1 X (one year's) Earnings. When I sold my computer company two years ago we got 1.5 X (one year's) Earnings, but that included a healthy client list and rights to some applications. Not exactly the same thing.

Good Luck with the sale. Selling a small business is like winning the Super Bowl, if you get a good price.

Need tips on selling a mainstream business thats been in business since 1987

Need tips on selling a mainstream business thats been in business since 1987

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