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system
Guest
Trying to buy a kosher pizza parlor (eat-in/take-out, non-franchise) in Maryland and need to know how to estimate what to pay. Seller grosses $600K and puts net at $60K. I’m under the impression that one-third of gross ($200K) or three times net ($180K) is the right ballpark to pay. Is this correct? Who can tell me with authority? Thanks for your help!