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1998_2009_2016 t1_j4xjwi1 wrote

Reply to comment by peteysweetusername in The Lobster Pot in PTown is for sale if anyone is in the market by roadtrip-ne

Nah, it’s gotta be revenue. $3.5m in profit per year is a price to earnings ratio of like 4. Reasonable pricing is closer to 20 generally.

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peteysweetusername t1_j4xmckq wrote

There’s real estate and a business valuation involved. Do you think at 20x ebitda value is fair?

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TywinShitsGold t1_j4xyxq3 wrote

Restaurants are ebidta plus owner X 2-3.

Zero chance they do 20%. Probably single digits.

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