Ok so I went and met with the guy this morning. Didn't get much info that would be helpful in making an offer. He wants to get a confidentiality agreement in order to see his quickbooks and financials. He showed my a gross number and a lower number that was for reoccuring income. His price came up to 1.5 x reoccuring income - 15% customer loss = asking price. I thought this was very high. He also has increased his asking price since I met with him 6 months ago. So i'm getting a confidentiality agreement drawn up and I need a good list of what info you would like to see that would be helpful in seeing if an offer was possible. I was thinking of asking for the following.... 1. p & l the last 3 years 2. detailed customer report last 3 years with sqft, what apps done, what price for each app(this could be the estimate form he uses which breaks down each app and gives a price) Think that would be a start to see if I could make any money. Anything else that would be good to see or ask for?