Hi,
Moderator, please feel free to redirect me to another forum or if this topic had been covered, to direct me.
Any tips on appreciating an existing school. In other words I want to buy or sell.
Is there a formula to give one a quick starting point as to the value of the core business (say English Cram School)
eg. turnover per year x 2.5
I guess this formula would differ slightly for schools in the north and south.
Thank you,
Jáco