I've been trying to sell one of my business through several Brokers and I have to say that these are the main things people look after:
1. How much profit per year does it generate
2. Does it run on itself (investment) or is it a job?
3. How old is the business
Depending a lot of those questions, you could get anywhere between 16 months up to 42 months of average monthly profit of the last 12 months.
For example, one company was almost at the edge of selling my business for 7 figures but the main reason was that it was quite new (10 months old) so that was a big turn down for them, though they told me to come back to them in 1 year time so yeap, 7 figures could still be there
Make your own calculations, get yearly profit, get average monthly profit and muliply them by 16 and 42 and you could see how much you could get for it.
Note: I said Profit, not earnings, profit after all costs involved.
