How much is that business worth?

ryanbeck

I`m looking to buy an established restaurant.  In my area the
prices reflect about 3-5 years profits, so a business that profits
$50,000 per year are sold for around $135-150k.  I don`t really
know how to value a business like this.  Is 3-5 years profit a
normal range for an established business?  Thanks a lot.

smoots

ryanbeck,RaiseCapital01 is right a SCORE mentor is a great person to have just have period. Other than that he is a quick worth calculator to play around with. It`s based on EDITDA.S. SmootTotus Company

sallya121

You need investigate first .The value of restaurant due to many condition

Estella

You need to do a lot of study regarding your area and it's rates, because it's really not that easy to set-up a business without knowing the rules and mentoring the right concept.
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abbottAlaster

why dont you start your new restaurant