5x profit for a small business seems a bit high unless it was really stable. | Hacker News

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ZephyrBlu on Jan 4, 2023 | parent | context | favorite | on: Japan’s business owners can’t find successors – on...

5x profit for a small business seems a bit high unless it was really stable.

raincom on Jan 4, 2023 [–]

I agree with you. Retiring owners of small businesses seems to want 5 times the profit, even though he appears to be listing for 3 times the profit. Once you go through the books properly, that's what happens.

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