Thinking of selling

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From what I've looked at, businesses seem to retail at between 2 and 3x net profit so if the net profit (what you're left with after everything has been paid) is £20k per annum, the business will be for sale at between £40-60k, specific price dependent on several different factors.
 
this thread is making me think of selling and becoming a lady of leisure lol
 
I know right! I'm thinking of selling up... Buying my Mercedes.... Going on a holiday... Then setting up again in a few weeks :)
 
The thing about selling is.....how many in business actually bought in.

99% of us started off in a small way and gradually built up our equipment/stock/clients etc.

There are very few people walking around with £30-£50k in their pocket
 

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