Online Porsche business for sale?, Anyone we know? |
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Online Porsche business for sale?, Anyone we know? |
Steve |
Dec 26 2016, 07:45 PM
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#1
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914 Guru Group: Members Posts: 5,698 Joined: 14-June 03 From: Orange County, CA Member No.: 822 Region Association: Southern California |
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Mikey914 |
Dec 27 2016, 05:20 PM
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#2
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The rubber man Group: Members Posts: 12,729 Joined: 27-December 04 From: Hillsboro, OR Member No.: 3,348 Region Association: None |
How valuation is done is everything. Even at .10 on the dollar you may pay too much.
Ask what his sales are. Typically a business is worth 2-2/12 X earnings inventory is just a ine item for equity |
Unobtanium-inc |
Dec 27 2016, 05:38 PM
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#3
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Advanced Member Group: Members Posts: 2,260 Joined: 29-November 06 From: New York Member No.: 7,276 Region Association: None |
How valuation is done is everything. Even at .10 on the dollar you may pay too much. Ask what his sales are. Typically a business is worth 2-2/12 X earnings inventory is just a ine item for equity Even that can be tricky, he could show you good sales going back 5 years, except that might have been him selling off all the good stuff. These stashes are finite unless you continuously add to them, trust me I know, which is why I'm always on the road. |
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