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re: Is this business a good buy?
Posted on 1/22/24 at 4:27 pm to Sterling Archer
Posted on 1/22/24 at 4:27 pm to Sterling Archer
quote:
7.6x earnings for an auto service shop seems high to me
That is way high, but what is the value of the real estate involved in this deal? That is the big question, If it is valued at 6-700K then this makes sense
Was the owner paying himself rent?
This post was edited on 1/22/24 at 5:27 pm
1
Posted on 1/22/24 at 5:27 pm to Tigerpaw123
quote:
but what is the value of the real estate involved in this deal? That is the big question, If it is valued at 6-700K then this makes sense
Great point!
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