As has been corrected it appears that Cronin DID PURCHASE CTR two years ago for $1Million. No increase in revenues or property values since then so DO THE MATH! ALSO- CTR revenue streams of $55,000 EBITDA suggests a business valuation of around $500,000. Property Value is also about $500,000. Here's where it gets interesting: 500K+500K = 1 Million!!. Go ask an appraiser if you don't believe me.
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