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  #21  
Old 01-29-2015, 04:39 PM
shawny0123 shawny0123 is offline
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There's numerous ways to value a business, I used this as only one example. Even taking the high side of the listings annual sales ($250,000 and assume 50% profit margin) and plugging that into that formula, a generous valuation would be $185,000 including the combined $36,000 listed in inventory and fixtures.
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  #22  
Old 01-29-2015, 04:50 PM
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Cgkdisc Cgkdisc is offline
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The $250K may be too high. But my point was simply that inventory at any point in time may not be a good indicator of worth since it's seasonal.
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  #23  
Old 01-29-2015, 05:07 PM
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Quote:
Originally Posted by Cgkdisc View Post
As a smart businessman, you reduce inventory as you move into winter in this part of the country (white discs in particular) plus he knew he was going to be selling the business for a while.
No offense to Mike, but that shop was always low on inventory.
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  #24  
Old 01-29-2015, 05:10 PM
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steinkecm steinkecm is offline
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Quote:
Originally Posted by Cgkdisc View Post
Business value is typically based on annual sales. Inventory value primarily matters for liquidation.
That's not actually true. It's factored in, but is not the value.
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  #25  
Old 01-29-2015, 05:18 PM
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I'm saying if the inventory value can be shown to be "normal" for that time in the business cycle (company history), its current value is only a small part in valuing the business. If it's abnormal, then the difference may be relevant in either direction.
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  #26  
Old 01-29-2015, 05:59 PM
spinachd spinachd is offline
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Quote:
Originally Posted by HeavyCritters View Post
No offense to Mike, but that shop was always low on inventory.
Yes - and the price per disc is high - and the disc racks are terrible.

Good location though.
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  #27  
Old 01-29-2015, 06:00 PM
THUGNIFICENT763 THUGNIFICENT763 is offline
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Disc prices were on avg 2 bucks higher per disc than GGGT.
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  #28  
Old 01-29-2015, 06:02 PM
THUGNIFICENT763 THUGNIFICENT763 is offline
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The gas station off County C2 by Acorn had better disc prices than Fairway Flyers, just sayin.
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  #29  
Old 01-29-2015, 06:12 PM
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djschnabel djschnabel is offline
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Quote:
Originally Posted by THUGNIFICENT763 View Post
The gas station off County C2 by Acorn had better disc prices than Fairway Flyers, just sayin.
If I remember correctly, this gas station is a reseller for GGGT.
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  #30  
Old 01-29-2015, 06:14 PM
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There are a few different ways to price commercial property. All of the ways I'm aware of show its pretty over valued at $250k being a business name and inventory sale with no real property included. I was legitimately interested until I saw that awful asking price. Can buy an entire office complex just down the road for $100k more
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