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You want to purchase a business with the following conditions: Assets of $50,000, 10 years old, end of life expectancy Revenue of $30,000 monthly and

  1. You want to purchase a business with the following conditions:

Assets of $50,000, 10 years old, end of life expectancy

Revenue of $30,000 monthly and profit of $5,000,

Rent of $4,000 monthly,

Insurance of $300 per month.

What is the most likely estimate for the value of this business to a buyer?

"30,000 - 40,000"

"40,000 - 50,000"

"60,000 - 80,000"

"100,000 - 120,000"

"140,000 - 160,000"

"170,000 - 190,000"

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