Is “made $60k” net earnings, or something else? What was the annual revenue for the last three years?
Have you calculated sellers discretionary earnings (SDE) for this business? Many buyers use a multiple of SDE to determine price.
Importantly: can you grow these numbers better than the original owners?
I’d also want to understand why earnings 3 years ago were less than last year. The pattern in many e-commerce businesses was different as sales came off the pandemic high.
Have you calculated sellers discretionary earnings (SDE) for this business? Many buyers use a multiple of SDE to determine price.
Importantly: can you grow these numbers better than the original owners?
I’d also want to understand why earnings 3 years ago were less than last year. The pattern in many e-commerce businesses was different as sales came off the pandemic high.
Statistics: Posted by mrlan — Sat Apr 20, 2024 8:59 am