I don't have the potential to turn it into a tremendously lucrative company without sacrificing some of the principles that are important to me: non-recurring billing, a non-aggressive sales channel, etc.
I'm not sure if selling is in itself a violation of those principles since the buyer would likely want to be more aggressive, which is why I am not sure about the prospects of a sale. That said, I have also been in the industry for about 7 years and am frankly getting tired of it, so I'm curious how people view numbers. Based on a revenue multiplier, the sale price would be high 6-figures, low 7-figures max. So not exactly move-to-Antigua, but certainly a break from struggling to pay rent while getting the company going.
Thanks for answering. Out of curiosity, did the 700k include the house?
My company is quite small. It can maintain it and have a relatively stable income, but I'm not sure if I have the motivation to keep working on it due to other changes in my life.