If my restaurant gross over $1,000,000, net income of $218,000 consistently in the last 4 years which included my salary of $24,000, I work around 20-30 hours a week. We have no debt, the restaurant was purchased 6 years ago, we rent the building.
In your opion, how much is the business worth?
Thank you very much
Good question. It would help to know where the business is located.
There are "outside experts" that can appraise the business and help you make that decision as to how much your business is worth..
Accountants, attorneys, management consultants and business appraisers should be able to help.
Good luck, LUCKIEST
This is located in Dallas, Texas
If my restaurant gross over $1,000,000, net income of $218,000 consistently in the last 4 years which included my salary of $24,000, I work around 20-30 hours a week. We have no debt, the restaurant was purchased 6 years ago, we rent the building.
In your opion, how much is the business worth?
Thank you very much
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