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CSB: Vu - Local Forum n00b Questions Forum Unwritten Rules - New Pope Being Elected

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Acadia18

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toothofwar

Autocross Champion
Yall know Andy and him mom both had toys with the same names right.

Buzz and Woody.
 

toothofwar

Autocross Champion
I want to see that movie.
Mad TV actually did a skit about it. Called sex toy story. Funniest shit ever!!!




Edited for name correction
 
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dtfd

Autocross Champion
There is quite a lot of what we call "monkey math" to get to 11.5M as a fair price for that.

"Tourist attractions like Fisherman's Wharf in San Francisco or near Disneyland, each location has annual visitors in excess of 10 million people per year and mostly families. If only 2% of the visitors visit the Redwood Log House at an average of $7.50 per head, that is a projected gross income of $1.5m to $2m per year. Businesses are bought and sold at five to seven times earnings, and the purchase price is justified as a long- term annual revenue for many many years of annual income for this one of a kind historical asset."

Assumption 1: you will be allowed to operate this "business" in a location that gets 10M people a year with 0 cost.
Assumption 2: 2% of the people who visit will be interest in touring this.
Assumption 3: They will be interested in touring this at an average of $7.50 a head (this being what amount to a hollowed log towed by a truck)
Assumption 4: There are zero costs to operate this, you have zero overhead.
Assumption 5: There is zero upkeep to this log
Assumption 6: Someone is going to buy your log not at an EBITDA or income multiple but a top line multiple of X 7.7
 
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Acadia18

Autocross Champion
Yall know Andy and him mom both had toys with the same names right.

Buzz and Woody.

Don't forget about her favorite....

Slinky Dog
 

sterkrazzy

Autocross Champion
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Strange Mud

Autocross Champion
There is quite a lot of what we call "monkey math" to get to 11.5M as a fair price for that.

"Tourist attractions like Fisherman's Wharf in San Francisco or near Disneyland, each location has annual visitors in excess of 10 million people per year and mostly families. If only 2% of the visitors visit the Redwood Log House at an average of $7.50 per head, that is a projected gross income of $1.5m to $2m per year. Businesses are bought and sold at five to seven times earnings, and the purchase price is justified as a long- term annual revenue for many many years of annual income for this one of a kind historical asset."

Assumption 1: you will be allowed to operate this "business" in a location that gets 10M people a year with 0 cost.
Assumption 2: 2% of the people who visit will be interest in touring this.
Assumption 3: They will be interested in touring this at an average of $7.50 a head (this being what amount to a hollowed log towed by a truck)
Assumption 4: There are zero costs to operate this, you have zero overhead.
Assumption 5: There is zero upkeep to this log
Assumption 6: Someone is going to buy your log not at an EBITDA or income multiple but a top line multiple of X 7.7
BRB....off to buy Powerball ticket
 
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