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Old 01-08-2019, 11:04 AM   #15
baygo
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Quote:
Originally Posted by tis View Post
I usually saw a line at the diner on weekends at least. I think you could do a pretty good business there. I wouldn't be surprised if you could do $500 or 600,00 in sales in a year so the 30% seems fair. I don't know any of this. Just thinking.
It’s easy enough to find out. Look for the business name on the food service license and then check with New Hampshire lodging and meals tax records. Divide that amount by .09 and you’ll arrive at their net sales.

Don’t overlook longevity of over 3 years and positive cash flow.
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