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Subject:
Value of my promotional products business
Category: Business and Money > Small Businesses Asked by: nathancain-ga List Price: $10.00 |
Posted:
02 Nov 2005 09:18 PST
Expires: 02 Dec 2005 09:18 PST Question ID: 588028 |
How much would someone pay to buy my promotional products distributorship business? I have over 400 customers from all over the U.S. that bought online or over the phone. 99% of my business comes from the internet. I don't advertise locally. Here is some financial data: Total income: 2003 - 112,893.46 2004 - 129,660.00 YTD 2005 - 114,057.37 Cost of Goods Sold: 2003 - 73,226.47 2004 - 65,105.44 YTD 2005 - 77,212.55 Gross Profit: 2003 - 39,666.99 2004 - 63,757.16 YTD 2005 - 35,649.35 Total Expense: 2003 - 27,723.88 2004 - 40,793.45 - (includes $15,000 of payroll to myself). YTD 2005 - 22,454.40 Net Income: 2003 - 12,230.88 2004 - 23,248.71 YTD 2005 - 14,037.53 |
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There is no answer at this time. |
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Subject:
Re: Value of my promotional products business
From: knickers-ga on 03 Nov 2005 06:33 PST |
The value of a business is normally judged at 8-10 times the annual net profit figure. So in your case about 140,000 dollars I presume. |
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