how i can decide how much a store worth ?

0xPikolo · Jul 30, 2020

i had a store in the past that worked well and did about +1k$ in sales +50 order in one month(may).
the problem is that i am only using 90day shopify trial and next bill is after 10 days and i am so busy to work on this store...
On your opinion how much this store wroth ?

Azaan · Jul 30, 2020

Tree fiddy

alurosu · Jul 30, 2020

It's a spike in sales. Not consistent.

If you would have data for a year then you can sell it for the profit you did that year. Roughly.

0xPikolo · Jul 30, 2020

alurosu said:
It's a spike in sales. Not consistent.

If you would have data for a year then you can sell it for the profit you did that year. Roughly.

yes i worked on the store only on may... at that time i had 3 stores ... i had a hard time managing it all ... i had to give up on one of them.

alurosu · Jul 30, 2020

I understand, but I would not buy it with that data. Maybe someone else will. Good luck

Crazycam727 · Jul 30, 2020

I’ve been looking to sell my store that’s done $110k in sales since April, but i’ve decided on riding it out longer , till after christmas.

When people buy a business, they want to know if it has longevity, they want to see consistent revenue and margins every month too.

Which is why i’m running mine for a bit longer, having actual inventory and employees (even if it’s a VA) massively boost the value too.

For example, my store is projected to reach $400,000 to $500,000 by the end of Christmas, So id be looking to sell it for:

16X the monthly profit + 2X leftover inventory value

So around 380k to 400k.

Point being - you need to have an “actual” business for it to be worthwhile

0xPikolo · Jul 30, 2020

Crazycam727 said:
I’ve been looking to sell my store that’s done $110k in sales since April, but i’ve decided on riding it out longer , till after christmas.

When people buy a business, they want to know if it has longevity, they want to see consistent revenue and margins every month too.

Which is why i’m running mine for a bit longer, having actual inventory and employees (even if it’s a VA) massively boost the value too.

For example, my store is projected to reach $400,000 to $500,000 by the end of Christmas, So id be looking to sell it for:

16X the monthly profit + 2X leftover inventory value

So around 380k to 400k.

Point being - you need to have an “actual” business for it to be worthwhile

so that mean there is no way this store will be sold ... i only have to give up on it.

MisterF · Jul 31, 2020

Thread closed

https://www.blackhatworld.com/seo/no-more-where-can-i-sell-my-whatever-or-how-much-is-my-whatever-worth-threads.702510/

how i can decide how much a store worth ?

0xPikolo

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0xPikolo

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