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Re: shop sale price - 3x gross receipts?
Posted to Shop Management Forum on 4/3/2010

3 times earnings(net profit) sounds realistic for an auto repair shop sale price to me, 3x gross receipts is way too much to pay. 3 times earnings plus asset value would be generous. If I was going to buy a shop I'd try to get it for asset value and nothing mo... Login to read more.