Impact of new businesses & competition

It very likely does and if the costs to be open are high enough they might be better off being closed.

Apparently not. They said they didnt have time to focus on business and get staffing,which is why they started closing sooner.

At this point, I am just trying to get them to make their claims, and I will then need verification & proof as part of my contingencies in the offer. I can compare the daily sales, monthly sales with preceding time frames to see if lack of sales was the reason they closed.

Can you please elaborate on this point. What are these dozen variables and their associated importance levels and how would it impact the valuation.

Thank you

Search for the long post I did a couple of years ago on pizza store valuation. Beyond that, hire someone to advise you.

OK. Will do.

what are your rates for consulting?

See PM.