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Old 04-28-2004, 09:02 AM  
Wilber
Confirmed User
 
Join Date: May 2001
Location: De,Oh,Lei
Posts: 1,295
When selling a small business the rule-of-thumb is generally
asking price = one years income + 10%

If you have to barter then it's the 10% your willing to play with.

For the 1+10% rule to be justified you should be able to produce
two years of books and the average of the two years is what
you use as the "one year" in 1+10%

It's the owners discretion as to whether or not show books to
potential buyers. You don't want to open them just to anyone
that asks to see them.
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