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  1. #1
    Mike Huppi's Avatar
    Mike Huppi Guest

    Talking Pricing your buisiness

    How do you put a price or valuation on your inspection service do you price it at 1 year gross, 1 years pay that you pay yourself. Any Ideas.

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  2. #2
    Join Date
    Mar 2007
    Location
    Georgetown, KY
    Posts
    536

    Default Re: Pricing your buisiness

    This link can be really helpful.

    http://www.costofbusiness.com/

    Erby Crofutt, Georgetown, KY - Read my Blog here: Erby the Central Kentucky Home Inspector B4 U Close Home Inspections www.b4uclose.com www.kentuckyradon.com
    Find on Facebook at: https://www.facebook.com/B4UCloseInspections

  3. #3
    Join Date
    Mar 2007
    Location
    Spring Hill (Nashville), TN
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    5,827

    Default Re: Pricing your buisiness

    Quote Originally Posted by Mike Huppi View Post
    How do you put a price or valuation on your inspection service do you price it at 1 year gross, 1 years pay that you pay yourself. Any Ideas.
    You could do that, but I believe that most folks would want to see the history of the business over a three to five year period of time.

    If you are looking for this information so that you can sell your business you would need take into consideration several more factors to arrive at the market value for a home inspection business.

    Scott Patterson, ACI
    Spring Hill, TN
    www.traceinspections.com

  4. #4
    Join Date
    Mar 2007
    Location
    Ormond Beach, Florida
    Posts
    25,304

    Default Re: Pricing your business

    If you are selling your business and you are a one or two man operation, there is little value to sell.

    In a service/professional business like ours, 'the operator' is what a client 'buys', and, if you are selling, there is not much for a person to buy other than 'a phone number'. It is then up to them to try to retain as many calls which come in as they can.

    Jerry Peck, Construction / Litigation Consultant
    Construction Litigation Consultants, LLC ( www.ConstructionLitigationConsultants.com )
    www.AskCodeMan.com

  5. #5
    Join Date
    Mar 2007
    Location
    Knoxville, TN
    Posts
    2,330

    Default Re: Pricing your buisiness

    In 1994 I sold my 2 1/2 guy business to move to TN. A year and a half ago I bought a single guy business.
    I would be happy to discuss it privately if you care to e-mail.
    JF


  6. #6
    Jon Randolph's Avatar
    Jon Randolph Guest

    Default Re: Pricing your buisiness

    Quote Originally Posted by Jack Feldmann View Post
    In 1994 I sold my 2 1/2 guy business to move to TN. A year and a half ago I bought a single guy business.
    I would be happy to discuss it privately if you care to e-mail.
    JF

    What was the 1/2 guys' job, entering all of the tight crawl spaces and attics?


  7. #7
    Join Date
    Mar 2007
    Location
    Knoxville, TN
    Posts
    2,330

    Default Re: Pricing your buisiness

    Funny - I didn't think of it that way. I should have said: 2 full time and one part time.

    Come to think of it, one of them was kind of a half-wit.


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