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Originally Posted by baddog
I am sure he was saying that because he wanted to buy something. 3-6 months would be insane.
Why would anyone sell a profitable business for 6 months profit? Unless they were running from the law.
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Actually he wasn't...if I remember correctly is was the thread where pichunter was trying to sell for some insane $$ amount. Lens was just putting his 2 cents in.
Like I said this business is very volatile, its not like you're buying general electric or coca cola where you can have a realistic 10 year business plan/outlook.
We don't even know what's going to happen in this business next year.
You're right that it would be insane to sell for 6 months profit, unless you're just ready to retire and don't want to let the business die....but that's why there's not lots of people buying and selling in this business. (Pierre of worldsex being the exception to the rule of course)