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Should I sell this small company or hold onto it forever? (alien.top)

submitted 10 months ago by ReadingReaddit@alien.top to c/entrepreneur@indiehackers.space

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Company annual revenue is $20k a year.

Equipment for the company is valued at $30k.

Takes about 8 hours of work a month. For around $10k I can completely automate the process and have no more work but still receive the income.

I have an offer for $80k.

Should I? A. Sell B. Hold C. Automate and hold onto that sweet sweet 100% passive income forever passing it to my children’s children’s children

Thank you 🙏

Edit: This companies revenue scales with inflation and its profit margin is set in stone.

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[–] beneficial_formula@alien.top 1 points 10 months ago

Could you get the same ROI with another business?

If it only takes you 8 hours of work per month to profit 20k per year, I'd automate it and keep it forever, especially with the security of a locked contract.