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Re: boogaloo post# 206170

Wednesday, 12/06/2006 1:34:11 PM

Wednesday, December 06, 2006 1:34:11 PM

Post# of 311080
correctomundo sandbath, it makes no difference on GROSS sales amounts or revenues, it comes down to NET PROFITS!!! Some businesses do hefty grosses with minuscule profit margins and vice versa... You value a private business based on 3-5 times net profits and then you consider the debt load into the equation and bingo... It is worth $X.. Now the trick is to get it for less than that.. IMO

Everyone has an opinion, this is mine. Refute it, agree with it, or whatever...

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