I have a client who ceasing to trade as a newsagent after 25 years and is looking to sell his delivery rounds (morning, evening and Sunday)
He has an interested party and has approached me for a valuation!
Weekly turnover is around £2,000 comprising around 400 customers across the board.
The rounds are well organised and long established.
How much would you say its worth?
I have read 6 x weekly takings somewhere but I have also seen much lower figures such as £10 per customer.
My client has customers who take a morning, evening and sunday paper and then some customers who take just a morning or just an evening paper.
Is the "full-boarder" still only one customer?
Thanks,
Hally993