I am thinking about buying a business of a local commercial business. There are only 20 accounts but the monthly income is around $3,500.00. I have seen the documents to back the amount of income and the seller is O.K. with the idea of doing a 3 month contract to insure that the clients will be mine for atleast that long. He has agreed to talk with the clients and have them sign a contract under the terms me and him come up with. He is selling for $5,000.00. Wondering if you all think that this is high or how much should a business of this sort sell for. Give me feedback and let me know.