The accounts show a net profit before tax of approx 拢7k for each of the last 3 years, this is after the director has taken a salary of 拢10k. Stock on hand is 拢4.5k, fixtures and fittings are 拢5K. The owner is asking for 拢35k, including stock and fixt %26amp; fittings and goodwill. Does this seem a fair price?I am looking to buy a nail salon business.?
Not at all that is not even a decent wage,,,,
you would earn more with a ';chair'; in a salon,,,I am looking to buy a nail salon business.?
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