Deep Green Waste and Recycling Inc (DGWR)

[hawkeye612]

Where did you get that at? The purchase price never has anything to do with annual revenues. Annual profit is the determining factor, and a multiple is paid from there. Depending on a variety of things. Assets play a key role, past history, day to day management team staying with business etc. Opportunity to grow business. (Blue sky)

I have never seen a buyout of a business based on revenues. Why would I pay a company a multiple on their revenues if they were not making a profit? Unless they were in a tech or pharm field where they had some product or service that was going to impact their future significantly. In a Construction related field,(and 99 percent of business sales) Profitability is what determines what the payback period is going to be on the business.