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Is my selling price right?

 
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Is my selling price right? - 1/4/2011 2:50:53 PM   
35cents

 

Posts: 1
Joined: 1/4/2011
Status: offline
I have a small part-time business that I started from scratch 15 years ago and due to the advent and proliferation of cell phones (you guessed the type of business it is), my business has been in a steady decline for several years. My current net revenue is about $25K per year out of about $50K gross, not much in the way of assets and no debt. It takes very little time to administer, but I want to sell before the business revenue falls too much and the business is perceived to be worth little. I have an outstanding offer of $50K - $35K down and $15K to be paid over the next 2 years at 5% interest. Any thoughts?
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RE: Is my selling price right? - 3/1/2011 1:54:52 PM   
worryfreeoutsourcing

 

Posts: 7
Joined: 2/16/2011
From: New Zealand
Status: offline
That is a very good offer, you should find a buyer relatively soon at that rate :)

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http://worryfreeoutsourcing.com
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RE: Is my selling price right? - 3/1/2011 3:30:06 PM   
gbgusa


Posts: 3
Joined: 3/2/2008
From: Global Business Group
Status: offline
This is a very good offer. Grab and hold it and don't let the buyer go. Even if he defaults on the note, it's still a good deal. Good luck.

_____________________________

Jacob Berenfeld
California Business Broker
Global Business Group, gbgusa.com

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