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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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| Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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Need tips on selling a mainstream business thats been in business since 1987
My father is wanting to sell our printing company.We do a lot of printing for local tv stations,hundreds of local businesses etc.. We're selling the entire shop, all equipment (valued at$15,000) computers, and our client list which is gold. The clients that come with the shop, have been ordering for 10-15 years, and the shop is currently profiting around $20,000 a year.
We're wanting to focus on stock market and forex trading so we need to raise the money. We have all finanical statements to back our clients claims and money claims. Plus he is just tried of printing, and wants into something else. He is asking $6,000 - $8,000 for the entire business, equipment,client list and out stock of paper, envelopes which is over 500,000 pieces of paperetc.. Anyone with info or who might be interested in this, or can point me in a direction besides craiglist or ebat please holler. We're fully ready to offer in house viewing, complete access to our files and accounts etc.. just to verify. If anyone has any ideals, please give me a shout. |
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#2 |
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Confirmed User
Join Date: Aug 2009
Posts: 418
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perhaps post location.
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#3 |
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Lord of the Leads
Industry Role:
Join Date: May 2005
Location: Canada
Posts: 3,021
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20k a year after 22 years of business ?
are you in the us ? |
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#4 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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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 |
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#5 |
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Master of Gfy.com
Industry Role:
Join Date: Feb 2002
Posts: 14,887
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Ahh the stock market. Atleast your not selling a 22 heard old business to send money to Nigeria
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#6 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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Yes, United States
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#7 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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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.
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#8 |
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Team Player
Join Date: May 2004
Location: Inside the most accurately counting and reporting affiliate system in the world at XPays.com
Posts: 13,002
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find the top printers within driving distance of your spot and knock on their doors or call
__________________
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#9 |
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Confirmed User
Industry Role:
Join Date: Jun 2008
Posts: 1,589
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You could start printing... you know... money?
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#10 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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lol. NO Money. The feds will give you 50 years for that lol. We're a legit long based company.
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#11 |
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<&(©ż©)&>
Industry Role:
Join Date: Jul 2002
Location: Chicago
Posts: 47,882
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your only hope of selling it is to some competitor
![]() who else would put down 8k to buy a 20k/year job?
__________________
Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager ![]() Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager |
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#12 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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True. Thanks for yout ips guys. GFY rocks
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#13 |
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Confirmed User
Join Date: Jun 2002
Location: so. fla.
Posts: 2,817
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There is no money in the printing business.
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#14 |
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Confirmed User
Join Date: Jun 2009
Posts: 225
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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.
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#15 |
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Confirmed User
Join Date: Aug 2009
Posts: 418
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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?
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#16 |
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Let's do some business!
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,344
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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?
__________________
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#17 |
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Confirmed User
Join Date: Jan 2004
Posts: 2,052
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I suggest you look up a local business broker in your area. They are sometimes
tied to realtors so maybe start there. |
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#18 |
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Fuck Checks, CASH only!
Join Date: May 2002
Location: New York City
Posts: 19,422
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ask one of your clients to buy it
__________________
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#19 |
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too cool for highschool
Join Date: Nov 2005
Location: East side, West side, Worldwide!
Posts: 12,164
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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? |
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#20 |
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Registered User
Join Date: Aug 2009
Location: Atlanta, Georgia
Posts: 6
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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.
__________________
Pure Platinum Creative ICQ 576468829 |
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