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Dewey

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Posts: 7
Reply with quote  #1 
Can anyone tell me how to go about deciding on a price to sell my business?
Kenneth

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Posts: 3
Reply with quote  #2 
gross X10 years  is the buisness starting point it it the 10 10 10 system pay it off the first 10 make your income the second 10 and sell it of your last 10 years
Buisness 101....

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kenneth costella
AnonymousV

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Posts: 187
Reply with quote  #3 

Quote:
Originally Posted by Kenneth
gross X10 years ...

Ken
My guess is your new to the pet grooming business and/or your not a pet groomer. Most in this business know normal "Business 101" rarely floats.

maryanna

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Reply with quote  #4 
Go to http://www.scribd.com/doc/137569842/eGroomer-Journal-for-Professional-Pet-Groomers-April-June-2013 and read the article on buying a client list. It has some good info. You may have to sign up with your email address to view the magazine. You should get an appraiser in that can help you determine the worth of your business so you can ask the right price for it.
AnonymousV

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Posts: 187
Reply with quote  #5 
I have noticed the posting format date has changed from (month/day/year - example: 
Older original posts posted year dates are also being omitted once a new reply is posted.
How are we to know when the original post was posted or when previous replies were made with no year/date ?
Many of us have saved posts according to subject matter and by date, complete dates; (month/day/year) 

It is no doubt a good way to hide the failure and inactivity of this board but is omission of a complete post date even legal ?
This may just be another tactic to kill board participation by discouraging the more savvy groomers and educated members from posting.
curtism

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Posts: 37
Reply with quote  #6 
Quote:
Originally Posted by AnonymousV

Quote:
Originally Posted by Kenneth
gross X10 years ...

Ken
My guess is your new to the pet grooming business and/or your not a pet groomer. Most in this business know normal "Business 101" rarely floats.



Exactly. Grooming biz is much more elementary. Easy easy. Low barrier to entry.
Raleighgroomingacademy

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Posts: 11
Reply with quote  #7 
Currently I am seeing 1- 1.5x net for selling a business plus used equipment value or renovation value. The highest I've seen actually selling in this last year was 3x net. (After speaking with the owner) That however was in a very nice leased space, fantastic equipment and had hourly employees.
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