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Limousine Service Business Valuation Formula: |
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| This is a general business valuation formula or method for established limousine services or businesses based on a percentage of annual gross revenues that can be used to help determine an approximate value and asking price to market an existing limo business. | |
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Broker Comments: Another quick business valuation formula for established limousine companies that I have found that holds up fairly well is using a multiple of 2.5 times (some times as high as 3.0 times) the owners annual adjusted net income. And it should come as no surprise that the age and condition of the vehicles will be a factor in pricing. Return to directory |
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| Note: Always contact and consult with a Business Broker, Business Appraiser, or financial adviser who is familiar with the dynamics of your local market and economy because conditions for establishing an asking price for a coffee house business can vary based on a wide variety of factors and local conditions. | |
