My question is how much do they sell for an how do you determine the cost Say a software company is a turn key business making 6million annually profit is say 5.5 million what do you ask when you sell?
(Average not exact of course estimate)
On the other hand a clothing company brand etc say is doing $6 million annually an profits about $3 million take home money what would be the asking price in this
Software $6 million revenue annually profit $5.5million
(500k in expenses etc)
Clothing $6 million Annual Revenue Profit $3million
(3 million in expenses etc)
What would you sell for an why ?