Hi everyone,
I was wondering if anyone knows how to estimate the value of a business in a purchase? Eg. I had a shop I sold years ago and from memory the selling price was made up of: profit for one year + fixtures and fittings + stock. I am looking at buying a new business and was wondering if this was correct. The owners are trying to charge more than that.
Thanks
I was wondering if anyone knows how to estimate the value of a business in a purchase? Eg. I had a shop I sold years ago and from memory the selling price was made up of: profit for one year + fixtures and fittings + stock. I am looking at buying a new business and was wondering if this was correct. The owners are trying to charge more than that.
Thanks