This sounds like my situation!! I'd want to know gross -vs- net, owner working how many hours, how many employees, etc. I'd base my offer on the net of the last year or 2. I'd offer somewhere between the yearly net and double the yearly net... if the shop nets $40,000 I'd offer $59,000, something like that. (but that is based on ME being a Realtor, and my wanting to buy a shop myself.=-) PS I'm on the other coast. |