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02-15-2007, 12:52 PM #5Senior Member
Ron Bennet
AHHHHH...Welcome to big business.... I do think 450K is a bit much, a general rule of thumb on business value is 2-3 times the yearly revenue plus physical assets. If Cannabis.com was grossing 90K a year when sold and had say maybe 20-30K in computer that could be 300k.
Say the site generates 70K a year in profits, 10 years you would have paid off a loan and have a few bucks in your pocket.......
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