Status: Off The Market
Posting ID: 240658
Call / Email
Asking Price
NOTE: This BizBen Posting #240658 Coin Laundry - Large Volume in Bakersfield, Lamont Area is currently INACTIVE Today (Either: It's In Escrow, It's Sold, or Is Off The Market Temporarily) - Please See Today's ACTIVE Postings below that match this posting's attributes. For your convenience there are also helpful links below to assist you in your search to buy or sell a small to mid-sized business that matches your criteria. Thank you for using BizBen.com.
Attributes:
Posting: 261419 | Available | 4/27/24
I am seeking car washes and laundromats. I specialize in coin-operated carwashes with land In the last three months closed all cash escrows for a total of four self-serve carwashes with land and laundromats. I represent multiple clients who know that these businesses might not have financials.
Cash flow
$200,000
Revenue
$513,500
Down
$350,000
Posting: 286408 | Available | 5/4/24
This coin & app based laundromat is generates a high adjusted net income of $200,000 per year. It operates from 5:00 am to 1:00 am run by employees, has low rent and spans 2,700 square feet in size. Situated in a hot location with many apartments around, it boasts brand new washers.
Asking Price
1,05 M
Cash flow
Call / Email
Revenue
Call / Email
Down
35-40% SBA
Posting: 273265 | Available | 4/6/22
Well-established laundromat in Long Beach at a low price. Big big potential!! There's a new project with many buildings for low-income apartments across the street. The selling reason is the owner's serious health issues. SBA eligible, 30-40% down required.
Asking Price
Call / Email
Cash flow
$614,400
Revenue
$1,152,000
Down
$25
Posting: 256080 | Available | 10/1/20
Monthly Operating Net Profit: $54,300. Property Tax & Insurance : $3,100. Monthly Net Profit: $51,200. SBA loan: 25% down payment to obtain the SBA loan. 25 years amortization. About prime + 1%. 1031 Exchange is possible. 6 month loan payments are waived by government supports if the buyer get SBA.
Asking Price
$5,000,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 278168 | Available | 1/9/23
Very rare opportunity to purchase a new coin laundry with new equipment and property, now under construction. The expected completion will be around the end of January 2023.
Asking Price
$4,500,000
Cash flow
$90,000
Revenue
$290,000
Down
$50
Posting: 284608 | Available | 4/18/24
For sale is a coin & card hybrid laundromat with brand new washers that is open from 7:00am-9:30 pm. The size is 2,500 sq ft. and rent is $6,500 plus CAM charge. The lease is 3 five-years lease & options. This is the best laundromat for a first-time business owner.
Asking Price
$375,000
Cash flow
Call / Email
Revenue
Call / Email
Down
$25
Posting: 261457 | Available | 10/5/20
Great Opportunity to Own a Coin Laundry + Property in LA. This is one of the best coin-operated laundromats. In the free-standing building with a huge parking lot in a great location. This laundry is located in an area with a high population of coin laundry customers with great visibility.
Asking Price
Call / Email
Cash flow
$82,600
Revenue
$249,000
Down
Call/Email
Posting: 286724 | Available | 5/23/24
This laundromat is located in a very densely populated rental neighborhood. It has great visibility in a high-traffic area. It is a well-established coin operated laundry with good cash flow. Easy in and out access and plenty of parking.
Asking Price
$365,000
Cash flow
Call/Email
Revenue
Call/Email
Down
$50
Posting: 278267 | Available | 4/22/23
This is a well-established laundry in Pacoima! It is a free-standing building with great visibility and ample parking with easy in and out. This coin laundry is located in a highly trafficked area in an excellent location. It is in a great neighborhood with lots of very loyal regular customers.
Asking Price
Call or email
Cash flow
Call / Email
Revenue
Call / Email
Down
35%+ SBA
Posting: 255357 | Available | 10/13/20
3600 sq. ft. Card-operated laundry in Paramount. Excellent prime location in a small strip mall on a major street in the heart of Paramount. Lots of regular customers due to its excellent location. The great designed interior and decorations. Great visibility with ample parking.
Asking Price
Call / Email
Cash flow
$505,236
Revenue
$1,137,852
Down
$650,000
Posting: 274510 | Available | 11/3/22
South Los Angeles Property w/free-standing CL & Retail. The area is mixed residential and biz. Reliable staff in place running All Daily Operations! Excellent books & records. Actual turn-key CL in great value for Serious Buyer!! Must see to appreciate.
Asking Price
Call/Email
Cash flow
$80,000
Revenue
$372,000
Down
Call/Email
Posting: 286440 | Available | 5/7/24
This is a laundromat located in a densely populated area and it is surrounded with lots of apartment complexes. It is very well established coin laundry with established customer base. It is at a prime location in a busy strip center with plenty of parking.
Asking Price
$250,000
Cash flow
Call/Email
Revenue
$231,000
Down
Call/Email
Posting: 284432 | Available | 2/14/24
This laundry is located in a busy strip center and on a major intersection. It is very well maintained with easy in and out access and great parking. It is located in a populated area surrounded by lots of apartment complexes.
Asking Price
$268,000
Cash flow
$63,000
Revenue
$290,000
Down
Cash Only
Posting: 285447 | Available | 4/12/24
This is a real absentee run, high-potential laundromat in Van Nuys/North Hollywood. The location is the center of Hispanic community, in a 7/11 shopping center with good parking. It is good for flipping and six digit income potential. All equipment is a major brand in good working condition.
Asking Price
$220,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285554 | Available | 3/7/24
This coin laundromat is located in a densely populated neighborhood in east Los Angeles with excellent demographics for the business. With a full remodel in 2015 and additional new equipment added within the last two years, this turn-key location is a great investment opportunity for a new owner.
Asking Price
$535,000
Cash flow
Call / Email
Revenue
Call / Email
Down
Call / Email
Posting: 241859 | Available | 9/27/20
Coin Laundry for sale. Always busy. 3,000 sq.ft. Monthly gross income $44,500. Monthly net Income $13,000. Stable income and regular customers due to its excellent location. Located in a strip mall in a prime location. Ample front and side parking with easy in/out access. 46 washers/ 60 dryers. ...
Asking Price
Call / Email
Cash flow
$90,000
Revenue
Call/Email
Down
All Cash
Posting: 286616 | Available | 5/17/24
Introducing a long and well established neighboring laundry. This laundromat is located in a commercial and high density area. Medium size and clean with good net income. Very easy to run system and semi absentee run. There is upside potential for hands-on buyers. Low cost water zone.
Asking Price
$329,000
Cash flow
Call/Email
Revenue
$360,000
Down
Call/Email
Posting: 282215 | Available | 3/1/24
Well-established laundry in the Los Angeles southwest area. It's in a 7-11 shopping center with T-Mobile, all 6 units with good parking. Near a several hundred-unit huge apartment complex, Honey Hole of laundry demographic. Just got a new $150,000. Equipment is included in the price.
Asking Price
$339,000
Cash flow
$164,000
Revenue
$325,000
Down
Call/Email
Posting: 286441 | Available | 5/7/24
For sale is a well established and profitable coin operated laundry with strong cash flow. This laundromat was renovated in 2022 with new equipment. It has a great mix of equipment. It is located in a fabulous location and is in a busy strip center.
Asking Price
$818,000
Cash flow
Call/Email
Revenue
$1,100,000
Down
$1,750,000
Posting: 280575 | Available | 5/4/23
Coin Laundry with property for sale. It is located on a very busy street surrounded by businesses and residential areas in Los Angeles County.
Asking Price
$5,750,000
Cash flow
Call / Email
Revenue
Call / Email
Down
20%+ SBA
Posting: 261493 | Available | 10/6/20
Great Opportunity to Own a Coin Laundry + Property in LA.The coin laundry is an anchor tenant and there is a market as another tenant in the building. This is one of the best coin-operated laundromats in the area. The profit margin is better because of the LOWER sewer charges in this area.
Asking Price
Call / Email
Cash flow
Call / Email
Revenue
Call / Email
Down
$1,300,000
Posting: 262975 | Available | 10/10/20
Exclusive Listing, Coin laundry combined with 4 bays coin car wash at 21,000. Sqf. lot in major Blvd. Newly built up 20 months ago, monthly gross sales have been increasing gradually since its opening, and upside potential for the future. 1031 Exchange is possible. Owner has not been working there.
Asking Price
$6,100,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 281258 | In Contract | 2/16/24
This spacious nicely arranged store offers the best and unique mix of equipment sizes to the local surrounding neighborhood to wash and dry their clothes. The spacious turn-key store is ready for someone to come in and be ready to continue the operation.
Asking Price
$299,000
Cash flow
$639,000
Revenue
$1,160,000
Down
$20
Posting: 240277 | Available | 10/10/20
Coin laundry was designated as an essential business during Pandemic. And government supports 6 months SBA loan payments if the escrow is closed before 9/27/2020. The amount would be about $130,000. benefit for the buyer.
Asking Price
$5,200,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 282164 | Available | 10/5/23
2850 SF Well-established Coin Laundry w/ High Stable Income in LA. Great visibility and stable income with great growth potential. Located in a strip mall in a prime location. Great visibility with ample parking and easy in/out access. This coin laundry is located in a very densely area,
Asking Price
Call/Email
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 286620 | Available | 5/21/24
This laundromat property is available for purchase. This once well-run and profitable laundromat has fallen due to neglect and an eventual closure. This has taken occurred over the last several years. It is now available for acquisition and renovation.
Asking Price
$69,700,000
Cash flow
$264,000
Revenue
$624,000
Down
$35
Posting: 283271 | Available | 4/12/24
This is a newly built coin laundromat that is just 1 year old. This is a great location in a heavy residential and business in LA. It was totally reconstructed with all plans & new equipment. The current rev. is an average of $46,000 & is increasing fast! They have loyal staff running the business. ...
Asking Price
$1,800,000
Cash flow
$96,000
Revenue
$540,000
Down
Call/Email
Posting: 256087 | Available | 1/6/24
This is a well-established laundromat and it has a large amount of local & faithful customers. The laundromat business is a good part-time business for people from all walks of life for supplemental income. A new operator with good business sense would do well to take over the business.
Asking Price
$295,000
Cash flow
$210,821
Revenue
$787,255
Down
Call/Email
Posting: 280587 | Available | 7/20/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$600,000
Cash flow
$426,000
Revenue
$1,530,000
Down
Call/Email
Posting: 282823 | Available | 5/8/24
Established in 2016, this Company started as a consulting side venture by its founder, a beauty entrepreneur who built her brand from her college dorm and later moved to China to explore manufacturing possibilities.
Asking Price
$1,600,000
Cash flow
$453,042
Revenue
$1,614,539
Down
Call/Email
Posting: 280928 | Available | 2/9/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$1,400,000
Cash flow
$944,036
Revenue
$6,040,521
Down
Call/Email
Posting: 286257 | Available | 4/25/24
Well-established and highly profitable FedEx Linehaul routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. Business has seen double digit organic growth since inception.
Asking Price
$2,900,000
Cash flow
$324,115
Revenue
$1,085,122
Down
Call/Email
Posting: 281462 | Available | 10/17/23
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each route and supplemental comes with (1) truck and (1) experienced driver already in place. The business has seen double-digit organic growth since its inception.
Asking Price
$725,000
Cash flow
Call/Email
Revenue
$1,658,371
Down
Call/Email
Posting: 284918 | Available | 5/17/24
A fantastic opportunity awaits with this entry into the renowned Bojangles brand. Strategically positioned on a bustling street near the university, the location benefits from proximity to various businesses, including quick-service restaurants (QSRs), hotels, residential areas, and retailers.
Asking Price
$95,000
Cash flow
$357,174
Revenue
$1,179,791
Down
Call/Email
Posting: 286775 | Available | 5/24/24
Well-established and highly profitable FedEx Ground routes. All routes are contiguous, making load sharing among routes efficient. Each business, which is comprised of multiple routes, comes with (1) truck and (1) experienced driver already in place for each route.
Asking Price
$1,200,000
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
Since 2011 we have completed an additional 850+ transactions and in total since 1996 when I founded Restaurant Realty Company, we have completed over $1,000,000,000 (billion) of business and real estate transactions.
What is your goal in 5 years? Do you want to become a business owner? Buying a business can be an exciting, safe opportunity to gain financial freedom. But how to buy the right business? This article will walk you through the process of buying a business.
To start a business or try something new, starting a franchise business is a great option. In this blog, we'll break down everything you need to know about buying a franchise in simple, easy-to-understand terms. This guide is for business owners, whether experienced or new.
Some entrepreneurs believe it's better to start a business from scratch rather than buy an existing enterprise. While this may be good advice in some cases, usually it's not the best strategy. Here are five tips to help a buyer make the right decision from Peter Siegel, MBA On BizBen.
First impressions are critical when selling a business - ask any potential business buyer. Peter Siegel, Founder Of BizBen explains why all potential small business sellers need to make sure that first impression is a good one.
When seeking large SBA business acquisition financing loans, it helps to review seller's add backs (cash flow analysis) as a source of funding to service the debt. Peter Siegel, MBA - SBALoanAdvisors.com Founder covers this specific topic for business buyers, owner/sellers, agents, business brokers.
In my experience working with the "right banks and financial institutions" repayment ability sometimes overrules collateral pledged by someone needing financing for a business purchase or a down payment. Peter Siegel, MBA - BizBen's ProBuy, ProSell Lead Facilitator explores this important topic.
Should owners who offer a business for sale reveal to prospective buyers any income that is not recorded in the books? This is a controversial topic with arguments both for and against. Most business sales intermediaries believe if you don't pay tax on it, you can't claim it. Some sellers disagree.
Most business acquisition financing strategies involve borrowing money to meet the purchase price. But an entirely different approach, equity sharing, is sometimes pursued if borrowed money is not wanted, or is not available to complete the purchase. Peter Siegel, MBA - BizBen.com covers this topic.
Buying a small to mid-sized business can be a confusing and/or frustrating process for many buyers. Statistics show that over 80% of all buyers never end up buying a business. The ProBuy Program assists potential buyers with the process of finding, evaluating & buying a small to mid-sized business.
Peter Siegel, MBA discusses buyers who want to buy a business or franchise know about asking the seller to provide part of the financing with a carry-back note. Many business buyers need some cash to help fund the down payment and for working capital. Here are four ideas about how to get that money.
With the multitude of factors that come into play when deciding the appropriate time to inform your employees that your business is for sale, I do not offer a standard or general answer. When sellers consult me as to my opinion on when it is the right time, I like to review the major issues that...
What are actual adjusted net earnings (cash flow) of a small business being purchased with business acquisition SBA Loan financing? That's an important amount that lenders need to know. Peter Siegel, MBA (BizBen.com, SBALoanAdvisors.com Founder) reviews this important concept with BizBen Blog users.
Selling a business is hard enough but using the wrong word, text, and strategy can really delay or outright kill a campaign to sell a small business successfully. Peter Siegel, MBA Founder of BizBen.com shares what words, phrases, and strategies work (and not) when selling a small business online.
The unfortunate truth is that approximately 50% of all small business sales transactions fall through. While failed transactions can happen for a variety of reasons, Peter Siegel, MBA (BizBen Founder & Lead Advisor) discusses the most common reason deals fall through; unrealistic asking prices.
The use of add backs & sellers discretionary cash is common among sellers of businesses when showing their financial information & explaining that the buyer will actually enjoy more profit than is shown. But buyers are cautioned to review documents closely. Peter Siegel, MBA with BizBen explains.
Owners should keep the fact that they want to sell their small business confidential. Before releasing information to prospective buyers, buyers should commit to confidentiality in writing & should understand why it is important. Peter Siegel, MBA a ProBuy and ProSell Advisor with BizBen explains.
First the dreaded statistic: 80% of all business buyers looking to buy a small business never end up doing so! Peter Siegel, MBA BizBen.com Founder & ProBuy Director) covers successful tactics & strategies all business buyers of small to mid-sized businesses should utilize now to buy a business.
SBA large loan expert and advisor Peter Siegel, MBA (BizBen.com & SBALoanAdvisors.com Founder) shares his views and experience for getting the right SBA loan for larger deals, getting deals professionally prequalified & analyzed, and getting that loan through underwriting with fewer complications!
Many times when buying a business there are reasons why buying stock or buying assets is the better business decision. We explore these options on the BizBen Blog Post of which option may be better depending on the circumstances of the buyer (and seller) involved in the transaction taking place.
Many business owners fail to maximize their business' value because they don't have a proper strategy in place to do so. Failure to maximize your businesses value will make it harder to attract the most qualified buyers. Have a plan that ensures your business is as attractive & valuable as possible.
A business buyer in our ProBuy Program searching to buy a business asked me to sum up what I though the biggest mistakes business buyers make when they search for and bought a small business. I asked ProIntermediaries on BizBen their thoughts on the matter and received a diverse response.
It is not uncommon for business Owner/Sellers to get uncomfortable when a potential Buyer requires a SBA loan to purchase the Seller's business. Often times Owner/Sellers will say "the Buyer is the one getting the loan; why am I the one under the microscope?" This blog post addresses this topic.
Depending on the type of business being sold, a month-to-month situation can be severely detrimental to the value of the business. Peter Siegel, MBA Founder of BizBen (and Lead Facilitator at BizBen) explores the issue of month to month leases in this blog/article.
Throughout the recession, it was very difficult to get approved for business purchase financing. If you are considering incorporating some alternative funding sources in your next small business acquisition, here is what you need to know to protect yourself and your investment.
In my opinion and experience, an LOI may very well be appropriate for lower middle market transactions of $5,000,000 or more; but, for deals less than that an Asset Purchase Agreement ("APA") with contingencies on the actions of the buyer (and seller) is much more efficient and effective.
Using an earn out can benefit both buyer & seller of a business purchase. A recent question by a buyer in the BizBen ProBuy Program about the best way to structure a business earn out prompted me to ask a panel of BizBen Resources how they would deal with the buyers question on earn out structures.
In this month's Business Buyer survey for BizBen.com, we asked participants in our ProBuy Program and 250 other random business buyers what they look for and avoid when looking at a business for sale postings online. Of the 20 potential posting characteristics we asked about, 8 stood out.
For those who don't know, a non-compete agreement is a contract between a buyer and seller of a business, which after the sale, prohibits the seller from engaging in direct competition with the business they previously sold. Joe Ranieri (Business Broker) adds this topic to a BizBen Discussion Post.
In our BizBen.com June 2021 Monthly Report the top ProIntermediaries and ProAdvisors on BizBen offer their thoughts about the current status of the business for sale marketplace with trends and predictions for Business Buyers, Owner/Sellers, Business Brokers, Agents, Advisors in the near future.
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
As the year winds down, it's tempting for business brokers to go through their old files and throw them out to make room for new client's folders, but that would be foolish. Joe Ranieri (Orange County Business broker) discusses strategies for saving files - a key annual strategy for brokers/agents.
When seeking SBA loan financing many potential business buyers have wrong information about the process of securing the best financing to buy a business. Peter Siegel, MBA a business purchase financing expert delves into the myths regarding SBA financing and business purchase financing.
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?
We all understand the idea of paying too much for a small business. But is there such a thing as not paying enough? That seems like an odd notion, but I'm familiar with situations in which a buyer acquired a small business for a figure substantially under what probably was market value.
Buying a small business is hard enough when there is no competition, so how might a buyer navigate the process when there is additional competition from other buyers? Peter Siegel, MBA (BizBen ProBuy Program) and others explain a few of the ways that a buyer can beat out other buyers.
When purchasing a small to mid-szied business, there are a multitude of things to evaluate. One area that is often overlooked is the business's culture. Peter Siegel, MBA with BizBen discusses with potential buyers the importance of understanding how the business runs on a day-to-day basis.
Negotiating the terms of a business deal is a delicate process, where one wrong move can cost you the business that you wanted to purchase. Peter Siegel, MBA (BizBen ProBuy Program) discusses the ins and outs of negotiations, and how to work well with the seller to get a deal done.
It's important to remember that selling a business takes time. Unlike selling a house, which can be sold relatively fast, a business can take up to six months to a year to sell. I discuss this topic with other advisors and intermediaries on this BizBen Discussion.
There are a lot of misconceptions about what enhances the value of a business. The following factors in this Discussion are aspects of a business that really drives its value and pricing. A business owner asked me this question today so I wanted to get others view points as well in this Discussion.
It can take months, sometimes longer to sell a small business. Here are 6 questions plus other information from myself plus other BizBen Users to ask yourself to help you determine why your small to mid-sized California business isn't selling. You might be surprised what those reasons are!
Should I Sell My Business During The Holidays Or Wait Till After The New Year? Business Broker Joe Ranieri and others chime in on this BizBen Discussion about selling a business during the Holiday Season.
Applying for a business acquisition loan can be challenging for someone who hasn't been through that process in the past. If one has a mortgage one knows that the value of the property being pledged has to at least equal the amount of the loan, SBA loans to buy a small business are very different.
Yes, there are ways to find businesses with growth potential that can be purchased with modest investments. But before offering any ideas about finding cheap businesses, it's important to review some of the risks involved. Peter Siegel (BizBen ProBuy Program) discusses this topic with others.
At What Point Do You Show Key Marketing Info And Materials To Buyers? Robb Hartman, Business Broker at BizBen discusses this topic with others on this BizBen Discussion.
Business buyers many times ask in my ProBuy consulting sessions - how long should I ask for due-diligence when buying a small business? The answer really depends on several factors. They include: type of business, demand for the business, complexity of the business. Advisors weigh in on this topic.
The owner selling the business doesn't have recent financial information or documentation but insists revenues are increasing. Should buyers believe the seller? What should buyers do in this situation? ProIntermediaries on BizBen answer the question of verifying seller / owner's financial claims.
When considering buying a business that is losing money one has to be very careful. There are reasons that the business could be losing money that aren't fatal or extremely difficult to fix and there are other reasons that should send you running in the other direction. Peter Siegel, MBA explains.
Asking the seller straightforward questions and getting straightforward answers in return is an important part of the buying and due diligence process. In this Discussion, both ProIntermediaries and Advisors offer thorough questions you should be asking during your meeting with a business seller.
Valuing a small business is not guess work. It's not what some other businesses of the same type may have or may not have been sold for, it's not even what a business owner "feels" they want or deserve. It is a formula based on many factors. Peter Siegel, MBA from BizBen & others discuss this topic.
