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by ruskibeats
1912 days ago
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I spend a lot of time reviewing accounts of small businesses with the view of buying them. I generally boil my offer down to: 3 times NET Profit
Plus cash in the bank
Less debt
Less a working capital adjustment. I would offer around £300k for your business in a HOT and then head towards Due Diligence looking for reasons to validate that number -/+ Other offers will vary depending on buyer |
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