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Everything Made in North America
Owner was making $150,000 per year Normalized
Net Income for several years. The business currently focuses on
selling 2 different machines to specialty shops in the car and truck
servicing industry. The company has also developed 2 different
machines they have not yet marketed. There would seem to be a market outside North America. Some sales have been made (by word of mouth) but the owner has not addressed this market through trade shows or Internet. If you take a look at this and
you don’t see yourself making a million dollars a year before taxes. You
are the wrong buyer. Leave it for someone else. With a new owner, who can make the calls and close the sales, this business should be going into fast growth. Some experts say 30 times next year’s expected return on investment or Normalized Net Income is reasonable in a fast growth business. Take a look at www.moneycontrol.com/news/ipo-swot/valuationkey-argument-udayanjust-dial-ipo and then compare it to what we are offering. |
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This Page Last Revised |
E-mail Eric
Jordan |
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