Originally Posted by TTS
Unless things are very very different up north I'm thinking his numbers are off. Operating with employees at a 62% profit margin is hard to believe. I would pass on it on principle but definitely look into those numbers. If he's actually operating at that profit margin forget the accounts and equipment and find a way to buy the structure and operating systems of the business. Then you have something worth buying. 12k worth of equipment and 30 accounts is worth 12k and a cup of coffee
Posted via Mobile Device
I agree his numbers seem way off. 62% profit margin is not realistic.