This is what I learned selling my business:
If you are a one man company, you can make $8000 a month profit and your business is worth close to zero to anyone else. It is very hard to sell because you have to find someone willing to buy a job. Someone with alot of money who also wants to work nights cleaning hoods is hard to find.
If you have two crews you will make the same $8,000 month after paying the crews and all the other expenses. However, you now have a business that an investor will buy. Alot of people are willing to buy a hood cleaning business if they think they don't have to clean hoods.
Mine was for sale for 10 days and I had to finally tell the buyers to leave me alone.
It took two years of poverty to build it, but it is sweet today.
If you are a one man company, you can make $8000 a month profit and your business is worth close to zero to anyone else. It is very hard to sell because you have to find someone willing to buy a job. Someone with alot of money who also wants to work nights cleaning hoods is hard to find.
If you have two crews you will make the same $8,000 month after paying the crews and all the other expenses. However, you now have a business that an investor will buy. Alot of people are willing to buy a hood cleaning business if they think they don't have to clean hoods.
Mine was for sale for 10 days and I had to finally tell the buyers to leave me alone.
It took two years of poverty to build it, but it is sweet today.