[Wolf1]

All good points guys, Thanks.

I talked with him a little more today, trying to get an idea of what he is thinking. Off the top of his head he said he would like to get $250k for everything.

This includes ~1 acre of ground. A 3 bay shop with 3 hoists. And all the usual shop equipment, scanners, etc. As well as the name, a no competition clause and the customer base.

Not sure what the real estate will appraise for yet. But atleast I have a rough number to think about.

It will be interesting to see the appraisal, I, like many, don't feel good about buying "good will". I understand that some customers will leave when he leaves, but also some will return.

And we do have a fairly consistent flow of new customers, he currently does zero advertising, so I think this could improve with some effort.