Learn more about what profit can get you in today’s market.
As many of you know, I’m a real estate junkie, and I love to read articles about what a $1 million will get me in certain cities. We thought it would be interesting to tell you what your profits could get you in today’s market.
There are basic assumptions of course. Buyers are paying you for the profit and health of your business.
So, what can a half million, $1 million, or $2 million in profit get you? In today’s market, here is what we are seeing:
- A business producing $500,000 in adjusted earnings would sell for approximately $3 for every dollar of profit
- A business producing $1 million in adjusted earnings would sell for approximately $4 for every dollar of profit
- A business producing $2 million in adjusted earnings would sell for approximately $6 for every dollar of profit
If you want to know how much your business is worth, please visit our website here.
