Valuing a web biz

skypanther

Exalted Code Master!
I got an email from an acquaintance who wants to sell me his web business. He's taken a full time job and wants out of the game.

Got any tips on how to place a value on the biz? We haven't yet talked so I have no idea what he's asking, what his sales are, or whatever. But, I'd like to be prepared with some good questions.

Thanks,
Tim
 
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