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Post# of 40315
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tarballmonger

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tarballmonger

Re: Steady_T post# 31929

Thursday, 07/02/2015 10:07:10 AM

Thursday, July 02, 2015 10:07:10 AM

Post# of 40315
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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