Chance to sell business. Should I do it?
Bought an old antiquated baby boomer run company 5 years ago for 5x $500k in EBITDA. Distributed $1,000,000 after tax over the last 5 years. Have chance to sell for $20 million minus taxes and fees. Debt has all been paid off. Seems weird to be selling after only 5 years, considering could have more growth, but will also be a huge win. Thoughts?
Posted Jul 19, 2025, 7:49 PM UTC
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