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01-24-2008, 08:19 AM
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Member
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Join Date: Mar 2007
Location: Aloha Oregon
Posts: 125
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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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01-24-2008, 08:58 AM
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Join Date: Mar 2007
Location: Georgetown, KY
Posts: 201
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Re: Pricing your buisiness
This link can be really helpful.
http://www.costofbusiness.com/ |
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01-24-2008, 09:11 AM
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Join Date: Mar 2007
Location: Spring Hill (Nashville), TN
Posts: 1,618
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Re: Pricing your buisiness
Originally Posted by Mike Huppi
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. |
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01-24-2008, 10:23 AM
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Join Date: Mar 2007
Location: Ormond Beach, Florida
Posts: 6,644
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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.
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01-26-2008, 04:25 AM
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Member
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Join Date: Mar 2007
Location: Knoxville, TN
Posts: 541
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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
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01-27-2008, 05:23 PM
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Member
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Join Date: Mar 2007
Location: Indianapolis, Indiana
Posts: 336
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Re: Pricing your buisiness
Originally Posted by Jack Feldmann
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?
__________________
Integrity Inspection Service, LLC
www.irsindy.com
(317) 345-1828
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01-28-2008, 03:32 AM
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Member
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Join Date: Mar 2007
Location: Knoxville, TN
Posts: 541
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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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| pricing for Inspection |
daniel nantell |
Attic Areas: Home Inspection and Commercial Inspection |
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11-12-2007 02:33 PM |
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