Ask a pro valuation company fot its formal assessment. You will be shocked of how the professional business world views certain businesses, even ones with good numbers. Lco and carwashes are two that come to mind. Contracts seem to have little bearing on that since 100% can fail to renew. I'm also not sure you can strip the name of corp without dismantling it. The fact he wants to get out but still retain the corp is fishy too. Bottom line, way overpriced.
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Last edited by Patriot Services; 01-13-2014 at 03:33 AM.