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View Full Version : What would you offer for this??


Reel
10-21-2003, 11:54 AM
I'm looking at a LCO that has approximately $30K in existing contracts. The contract permits a 14 day termination by either party. I do not think the contracts are worth much in that they could ALL go away in 14 days and are hypothetically be worth Zero. Toughts? What would you offer/pay for such a book of business? Thanks.

Reel

Bob Minney
10-21-2003, 10:02 PM
commission on work done and paid for

GreatBigTuna
10-22-2003, 12:32 PM
If you do anything with this, make sure that you get a non-compete agreement with the deal so that other LCO can't change his mind about getting out and go after his old client base. Just my 2 cents.