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#1
06-24-2007, 02:08 AM
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Business has no assets but was offered big Money HELP
Yearly sales 400k
Net Profit: (beaten dow for tax reasons) 60k Offer: over 150k HELP 
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#3
06-24-2007, 05:22 AM
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Post deleted by Mat Sklansky
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#4
06-24-2007, 05:27 AM
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Re: Business has no assets but was offered big Money HELP
I wouldn't sell it for that cheap. I am no expert but I would assume you could get at least 5 years expected profit for a sales price.
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#6
06-24-2007, 03:20 PM
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Re: Business has no assets but was offered big Money HELP
Its an ebay consignment shop, Net profit # includes what I pay myself with no employees etc. We sell approx 300 items a week with no help.
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#8
06-25-2007, 11:40 AM
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Re: Business has no assets but was offered big Money HELP
Hes wanting a 5 year non compete, but keep me around 3 months on salary as a consultant to make sure the transition is good.
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#9
06-25-2007, 12:03 PM
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Re: Business has no assets but was offered big Money HELP
WTF
[ QUOTE ] I own an Ebay Consignment shop that does millions in sales for a nice nut of the total sale. Ask me anything about selling, buying, owning a business etc. [/ QUOTE ] And [ QUOTE ] My company which features myself, my wife, and one part time shipper generates around 120k a month profit after wages, expense, ebay fees etc...we pay the shipper 8 bucks an hour and wife and I take 1,000-3500 a week depending on what we need etc. [/ QUOTE ]
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#10
06-25-2007, 12:53 PM
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Re: Business has no assets but was offered big Money HELP
go away
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