Harupit Posted May 22, 2018 Share Posted May 22, 2018 I am in talks with a seller. Following are details: Total of 125 machines. Many locations in Schools. Revenue has been declining since last 2-3 years (probably mainly due to economic situation of city - heavily oil dependent economy). The revenue may start to increase this year with increase in oil prices. But not expecting to grow a lot. Revenue of about USD 560K last year and 650K 3 years back. About 25 machines manufactured between 1990-1999 About 45 machines manufactured between 2000-2009 About 35 machines manufactured between 2010 and 2015. Not sure about rest of machines. COGS in the range of 40% Commissions in range of 12-13% Net profits are in range of about 25K last year to 90K 3 years back. Paid workers to load the machine may cost me around 30K each for four workers plus myself so total of five workers. Please let me know if this information is sufficient to put an approx value on the business? If not, feel free to ask any further questions. I highly appreciate the community's help in understanding the worth of this business. For now, do not consider any vehicles being purchased as part of this business. But cost of operating vehicles need to be included. Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now